For sale Townhouse

Listed Mar 31, 2026

$380,000 Est. $2,513/mo

1515 Madison Avenue

  • 6

    Beds

  • 5

    Baths

  • 3,166

    Sq ft

The story

Location! Location! Location! Mins from Midtown and Downtown. DON'T DISTURB TENANTS! This 5 unit complex is a great rental with gated parking. The main building includes 4 units and over the garage is another unit. The complex includes an on site laundry facility. There were updates to the complex in 2017 and 2019 which included a new roof, HVAC, and some units have updated flooring and appliances. ONLINE VIDEO AVAILABLE UPON REQUEST. Home is professionally managed! This home qualifies for FHA/VA/ and Conventional financing (you can live in one unit and rent out the others aka house hack). Rents & Leases are: Unit #1- $950 lease ends 7/31/26, Unit #2- $1,025 lease ends 7/31/26, Unit #3- $750 lease ends 3/28/27, Unit #4-$700 lease ends 7/31/2027,& Unit #5 is currently vacant. No wholesalers, assignments, or creative financing.

Facts & features

Home type

Townhouse

Year built

1956

Floors

2

Price per sq ft

$120

Included features

  • Cooling

    Central Air

  • Heating

    Central

  • Flooring

    Tile

  • Roof

    Composition, Shingle

  • Lot Information

    Level

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$2,513 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,023
  • Property tax $380
  • Insurance $111

Includes principal, interest, taxes & insurance.

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Listing Broker

Crye-Leike, Inc., REALTORS

Broker Name

Crye-Leike, Inc., REALTORS

Agent

Tyler Tapley