$639,000
About this home
Investor opportunity in Clearwater! Rare four-unit multifamily property consisting of four 1-bedroom, 1-bath units at 1504–1510 N Madison Ave. The property offers strong income-producing and value-add potential and is located next to a neighborhood park with a playground, pavilion, picnic areas, and green space. The property needs a little TLC, allowing the next owner to make improvements, increase overall appeal, and potentially enhance future rental income. Conveniently located near Downtown Clearwater, shopping, dining, public transportation, major roadways, and Clearwater Beach. Ideal for a buy-and-hold investor, 1031 exchange buyer, or investor seeking a small multifamily property with upside potential. Please do not disturb the tenants.
Property details
- MLS #
- MFRTB8534856
- Property type
- Quadruplex
- Subdivision
- FAIRMONT SUB
- Status
- Active
- Days on market
- 13
- On market date
- August 1, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.23 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 324
- Student:teacher ratio
- 10.5:1
- District
- PINELLAS
- Enrollment
- 761
- Student:teacher ratio
- 20.0:1
- District
- PINELLAS
- Enrollment
- 1,563
- Student:teacher ratio
- 20.3:1
- District
- PINELLAS
Walkability
Blended score for CLEARWATER's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in CLEARWATER, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 29 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.