$190,000

1820 Meridian Street, Madison, IN 47250

  • 4 beds |
  • 2 baths |
  • 1,672 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $114/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Excellent investment opportunity in Madison! This residential duplex features two separate units, each offering 2 bedrooms and 1 full bath. One unit is currently vacant, providing immediate potential for owner-occupancy or market-rate rental, while the other unit is tenant-occupied, offering built-in income. The property will need some TLC, making it a great value-add opportunity for investors or buyers looking to renovate and increase equity. Conveniently located near local amenities, historic downtown Madison, and major employers. Square footage is approximate; buyer to verify. Don’t miss this chance to own a versatile duplex with strong upside potential!

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 4:19PM
Listing Office:
NextHome Wilson Real Estate : 812-924-7024
MLS ID:
202605128
  • Laundry: Laundry ClosetMain Level
  • A/C: Central Air
  • Heating: Forced Air
  • General: PorchPatio
  • Style: One Story
  • Other Structures: PorchPatioCovered
  • Roofing: Rubber
  • General: BrickFrame1See Remarks
  • Originating MLS: SIRA_SIRA
  • County: Jefferson_IN
  • Zoning: Residential011-01813-00 BRAYS ADD LOT 9 10 PT. 11 11-43-6 1820 Meridian St390827113048000007
  • Water: ConnectedPublic
  • Sewer: Public Sewer
  • Source: SIRA_SIRA

This listing courtesy of NextHome Wilson Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Anderson Elementary School

2325 Cherry Dr, Madison, IN, 47250

Grades PK-4

0.56 miles away

E

E.O. Muncie Jr/Sr High School

800 Lanier Dr, Madison, IN, 47250

Grades 7-12

0.66 miles away

E

E.O. Muncie Jr/Sr High School

800 Lanier Dr, Madison, IN, 47250

Grades 7-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.