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12 Beds
3 Baths
4,960 sqft

$515,000

313-315 Mulberry Street, Madison IN, 47250

Price per sqft$103.83
Built in1900
Property size4,960 sqft
Property typeResidential

Overview

Active

Listed Jun 4, 2026

Updated Jul 3

Exceptional investment opportunity in the heart of historic downtown Madison! These two contiguous buildings offer three stories featuring over 1700sqft of open retail space combined with a total of 12 bedrooms, 3 bathrooms, a main floor office, and dedicated laundry room space. Out your front door overlooks the area beside the iconic Kindness Mural and Bicentennial Park, with convenient golf cart parking, newly renovated public parking areas, and updated streetscapes just outside your door. Main level on 313 has large open room that could be used for multiple types of business. Located in the center of booming downtown Madison, you are only steps away from shopping, restaurants, festivals, riverfront attractions, and everything this charming historic town has to offer. Whether you are looking for long-term rentals, short-term rental potential, employee housing, or a mixed-use investment, the possibilities are endless. Rare opportunity to own a large footprint in one of Indiana’s most desirable downtown districts.

$3,426/mo

Est. mortgage payment based on a $515,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202608867

Interior Features

Bedrooms
12
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.04 Acres

Other Property Details

Taxes
$4,363
Tax Frequency
Annually
Municipality
Madison
MLS provider logo

Listed by Van Crafton with Coldwell Banker Harrell & Asso
Listing Contact: 812-265-3000 

The IDX display contains information sourced from the Southern Indiana REALTORS® Association as of 7/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Southern Indiana REALTORS® Association all rights reserved.

Data last updated on 7/3/2026 at 3:47 AM UTC

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