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.
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
Price:
$639,000
MLS #:
TB8534856
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
FAIRMONT SUB
Neighborhood:
33755clearwater
Listed Date:
Aug 28, 2026
Finished Sq Ft:
2,184
Total Sq Ft:
2,496
Lot Size:
10,197 sqft / 0.23 acres (approx)
Year Built:
1959
See this Listing
Schools
Interior
Cooling
Central Air
Heating
Central
Interior Features
Other
Laundry Features
Other
Exterior
Community Features
Association Recreation – Lease
Construction Materials
Block
Exterior Features
Other
Roof
Shingle
View
Park/Greenbelt
Financial
Tax Year
2025
Taxes
$5,947
Map
Community
- Address1504-1510 N MADISON AVENUE CLEARWATER FL
- SubdivisionFAIRMONT SUB
- CityCLEARWATER
- CountyPinellas
- Zip Code33755
Subdivisions in CLEARWATER
Market Summary
Current real estate data for Multi Family in CLEARWATER as of Aug 29, 2026
30
Multi Family Listed
102
Avg DOM
270
Avg $ / SqFt
$833,800
Avg List Price
Property Summary
- Located in the FAIRMONT SUB subdivision, 1504-1510 N MADISON AVENUE CLEARWATER FL is a Multi Family for sale in CLEARWATER, FL, 33755. It is listed for $639,000 To schedule a showing of MLS#tb8534856 at 1504-1510 N MADISON AVENUE in CLEARWATER, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of FUTURE HOME REALTY INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1504-1510 N MADISON AVENUE
CLEARWATER, FL