589 S Duval Avenue, Unit 1

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Address: 589 Duval St #1, Madison, FL 32340, USA
Florida & Gulf Coast + Apartment Buildings
Created date: June 12, 2026
Date last updated: September 16, 2026
Price: $165,000Investment Analyzer NEW!

Property Description

Excellent investment opportunity in the heart of Madison, Florida! This well-maintained two-story multifamily property offers approximately 2,302 square feet and features two separate rental units, each containing approximately 1,150 square feet of living space. Both units include 2 bedrooms and 1 bathroom and are currently occupied by tenants, providing immediate rental income for the new owner. Situated along Highway 53 within the city limits of Madison, the property offers excellent accessibility and convenience to local shopping, dining, schools, and everyday amenities. Zoned Multifamily (<10 Units), this income-producing property presents a great opportunity for investors looking to expand their portfolio or acquire a turnkey rental property with established tenants already in place. Whether you're a seasoned investor or looking to purchase your first rental property, this duplex offers steady income potential and long-term value in a desirable North Florida location. Don't miss your opportunity to own a piece of Madison's rental market!
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Broker Details

William Gamalero
William Gamalero

Mossy Oak Properties Southern Land & Homes (850) 973-2200 MLS ID: 12662 State License Number: 3415552

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $165,000
No. of Units: 1
Opportunity Zone: No
Price per unit: $165,000
Property Website Click Here
Number of Bedrooms: 2
Number of Bathrooms: 1
Address: 589 S Duval Avenue, Unit 1, Madison, FL 32340, USA
Provided by:
Standard Status: Active
MLS Listing Number: 401090
ID: 3yd-TBRFL-401090
Copyright Disclaimer: Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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