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Browse All Madison AL Multi-Family Properties for Sale

$363,000
21920879 MLS
FOR COMP PURPOSES ONLY

29812 Analicia Drive, Madison
$415,000
21905524 MLS
A rare investment in the heart of Madison City Schools—beautifully maintained, turn-key, and less than 2 miles to Clift Farms. This quadplex combines unbeatable location with strong rental performance. Each of the four units offers 2 bedrooms, 2 full baths, a full kitchen, ample storage, and in-unit laundry hookups, appealing to long-term tenants and house-hackers alike. Live in one unit and let the others pay the mortgage, or hold as a cash-flowing addition to your portfolio. All units are currently occupied, see listing. Floor plan available. Opportunities like this in Madison rarely last! Pro forma rents at $1,300 per unit plus fees.

149 Angela Drive, Madison
$580,000
21897632 MLS
4 Units*High Rents*Great House Hack Live In One Unit, Qualify for 30 Year Fixed Rate Mortgage As Owner Occ, & Collect Rent On Other 3 Units!*7.6% CAP RATE INVESTORS!*Madison School District Including Bob Jones HS*All 2 Bedroom, 2 Full Bathroom Units with Open Floor Plans*Every Unit With Private Balconies/Decks - Separate Storage Units With Each Unit*Plenty of Off Street Parking*Open Floor Plan*Full Kitchens*Spacious Bedrooms*Walk In Closets*Double Pane Windows*Large Kitchens with Dishwashers, Refrigerators, Stove/Range/Ovens, Range Hoods*3 Units Have Been Updated*1 Unit Fixer (But Occupied)*Washers/Dryer Hookups*W/D Machines in Most Units

351 Gillespie Road, Madison
$450,000
21888118 MLS
Well Maintained Turn-key Full Brick Quad. Madison City Schools. Fully Occupied. Current rents shown in listing. Pre-approved buyers only. Please do not disturb tenants. Interior inspection to be conducted post-contract with adequate tenant notice provided. Recent exterior maintenance including pressure washing, soft wood replacement, painting of decks stairs, doors and shutters. Tenants pay all utilities including electric, water, sewer, trash removal and cable.

144 Angela Drive, Madison
$280,000
21886593 MLS
Recently renovated duplex in the heart of Madison! Each unit offers 2 bedrooms and 2 full baths. Updates include new windows, fresh paint, new flooring, remodeled bathrooms, and updated countertops. Ideal opportunity for investors looking for a low-maintenance, income-producing property in a high-demand area. Conveniently located near shopping, dining, and top-rated Madison schools. Don’t miss this turnkey investment!

131 Westcott Drive, Madison
$442,000
21880804 MLS
This 4-plex multi-family property is annvestment opportunity in the high-demand Madison rental market! Each 2-bed, 2-Full bath unit rents for $995/month, generating $36,000+/- in gross annual income per building. All units include laundry rooms, kitchens with appliances, and many feature new laminate flooring and updated paint. Located next to West Madison Elementary and also walking distance to Bob Jones High, this highly desirable Madison City Schools location ensures strong tenant demand. Convenient to Wall Triana, Costco, Clift’s Farm dining, and major shopping. One of three available—multi-family in Madison is rare, so don’t miss out!

103 Jodi Drive, Madison
$442,000
21880805 MLS
This 4-plex multi-family property is annvestment opportunity in the high-demand Madison rental market! Each 2-bed, 2-Full bath unit rents for $995/month, generating $36,000+/- in gross annual income per building. All units include laundry rooms, kitchens with appliances, and many feature new laminate flooring and updated paint. Located next to West Madison Elementary and also walking distance to Bob Jones High, this highly desirable Madison City Schools location ensures strong tenant demand. Convenient to Wall Triana, Costco, Clift’s Farm dining, and major shopping. One of three available—multi-family in Madison is rare, so don’t miss out!

112 Jodi Drive, Madison
$451,000
21880801 MLS
This 4-plex multi-family property is annvestment opportunity in the high-demand Madison rental market! Each 2-bed, 2-Full bath unit rents for $995/month, generating $36,000+/- in gross annual income per building. All units include laundry rooms, kitchens with appliances, and many feature new laminate flooring and updated paint. Located next to West Madison Elementary and also walking distance to Bob Jones High, this highly desirable Madison City Schools location ensures strong tenant demand. Convenient to Wall Triana, Costco, Clift’s Farm dining, and major shopping. One of three available—multi-family in Madison is rare, so don’t miss out!

102 Jodi Drive, Madison
$315,315
21860747 MLS
1 ACRE!! GREAT COMMERCIAL INVESTMENT - NO RESTRICTIONS, CURRENTLY BEING USED AS A MULTI-FAMILY offering 3 UNITS w/ GREAT INCOME POTENTIAL TOTALING $2775 MONTHLY (WOULD MAKE A PERFECT AIRBNB). All 3 units are tenant occupied & currently rent month to month. Front Unit rents for $975 a month offering 2 bedrooms, 1 full bath, kitchen, laundry & family room. Side unit (studio) rents for $850 a month & offers kitchenette, family/bedroom & 1 full bath. Back unit rents for $950 a month & offers 1 bedroom, 1 full bath, family room, kitchen & shares laundry room w/ side unit. All units are being sold FULLY FURNISHED OR SELLERS CAN REMOVE!

1595 Slaughter Road, Madison
$450,000
21860438 MLS
Great investment opportunity in the city of Madison! Located close to schools and shopping. Three units are occupied and in good condition, Apt B is vacant and needs some repairs. Apt B is available to view but Apt A, C, and D can only be inspected after an accepted offer in order to not disturb the tenants. Building is being SOLD AS IS. Roof, windows, and vinyl siding are less than 10 years, front and back steps are less than 3 years.

100 Michael Avenue, Madison
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Madison Multi-Family Real Estate