2750 Michigan Road
Madison, IN 47250
3.44 acres | #22038923
Description
Presenting a prime investment opportunity in the thriving market of Madison, Indiana: a well-maintained 55-unit multifamily apartment complex featuring a desirable mix of 9 studio apartments, 36 one-bedroom units, and 10 two-bedroom units. Ideally located in a growing community known for its historic charm and strong rental demand, this property offers consistent occupancy and excellent potential for long-term returns. With a proven income stream and a unit configuration that appeals to a wide range of tenants, this asset is perfectly suited for investors seeking stability and growth.
Property Details
- Middle SchoolMadison Consolidated Jr High Sch
- School DistrictMadison Consolidated Schools
- Utility FeaturesElectricity Connected
- Structure TypeApartment Building
- Property SubtypeMulti-Family 5+
- Original List Price$4,125,000
- CountyJefferson
- Property TypePurchase
- MLS #22038923
- MLS #22038923
- Cost4125000
- Acres3.44
- Year Built1983
Location
Legal
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Last Updated:Â . Source: MIBOR
Listing Courtesy
Listing Agent: Lacie Wilson (#MBR46953)
Listing Office: Schuler Bauer Real Estate Powe (#MBRLOPA01)
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