Description
Located just one block from the Ohio Riverfront, this turnkey triplex investment property offers three updated rental units and multiple income streams through existing tenants and a proven AirBnB operation. Unit 1 and 2 feature comfortable one-bedroom layouts with full kitchens, living rooms, and baths, while Unit 3 offers a studio setup with a full bath. Each unit has been thoughtfully updated with luxury vinyl plank flooring, granite countertops, new cabinetry, and stainless-steel appliances within the last 4 years. Additional recent improvements include a newer roof (2023), newly paved patio (2023), new water heaters (Unit 2 & 3), and an added water softener, ensuring low-maintenance ownership for years to come. With off-street parking, attractive river views, and a location that puts residents within walking distance of the waterfront, this is an investment opportunity you won't want to miss!
Details
| MLS # | 202609731 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 79 |
| Listing Provided By | F.C. Tucker/Scott Lynch Group | Maleha Jones |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,494 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | Residential,Commercial |
| Acreage | 0.07 |
| Property View | Yes |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 962 |
|---|
Area Information
| State | IN |
|---|---|
| County | Jefferson_IN |
| City | Madison |
| Zip Code | 47250 |
| Area | Downtown |
| Listing VS Median (in 47250) | |
Price: $479,900 low | high Med: $324,900 sqft: 1,494 low | high Med: 1,800 $ / sqft: $321 low | high Med: $181 On site: 79 low | high Med: 90 | |
Market Activity 47250
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Learn More About This Property
| State | IN |
|---|---|
| County | Jefferson_IN |
| City | Madison |
| Zip Code | 47250 |
| Area | Downtown |
| Listing VS Median (in 47250) | |
Price: $479,900 low | high Med: $324,900 sqft: 1,494 low | high Med: 1,800 $ / sqft: $321 low | high Med: $181 On site: 79 low | high Med: 90 | |
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