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513 & 515 West St, Madison, IN 47250
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513 & 515 West St, Madison, IN 47250
513 & 515 West St, Madison, IN 47250
513 & 515 West St, Madison, IN 47250
513 & 515 West St, Madison, IN 47250
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Team Pruitt

Team Pruitt

+1(502) 442-2030
$ 1,375,000
Est. payment /mo
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Active

513 & 515 West St Madison, IN 47250

10 Beds

8 Baths

5,508 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,508 sqft

Price per Sqft $249

MLS Listing ID 1713737

Bedrooms 10

Full Baths 6

Half Baths 2

HOA Y/N No

Abv Grd Liv Area 5,508

Year Built 1840

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Single Family Residence

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 5508

Property Description

Own a Piece of Historic Downtown Madison Discover a rare investment opportunity in the heart of downtown Madison. This versatile corner lot property features four beautifully maintained Airbnb units, offering both charm and strong income potential. The thoughtfully designed layout includes: Main Floor: Two spacious 2 bedroom, 1.5 bath units Upper Level: Two expansive 3 bedroom, 2 bath units Currently operating as a successful short-term rental, this property delivers excellent returns and comes as a true turnkey investment complete with future bookings and all furnishings included, allowing for a seamless transition. Endless Possibilities: Continue as a high performing Airbnb, Multi generational living setup, convert to condo-style rentals, Owner occupy one unit while renting the others. Recent Updates Include: complete rehab, all systems new. Perfectly positioned in a highly walkable downtown location, you're just steps from local boutiques, dining, and the scenic Ohio River. Blending historic character with modern upgrades, this property is a standout opportunity in one of Indiana's most sought after river towns.

Location

State IN

County Jefferson

Direction Head West on to Main St. from Jefferson St. Make a right at West St and the property will be on your left at the corner of West and Presbyterian.

Rooms

Basement Unfinished, Cellar

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features On Street

Fence None

View Y/N No

Roof Type Shingle

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick

Greater Louisville MLS (Metro Search Inc)
Copyright 2026 Metro Search, Inc.
Listed by EXP Realty LLC
Team Pruitt

Team Pruitt

The Real Estate Team | License ID: 196568

+1(502) 442-2030

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513 & 515 West St

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