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629/631 Madison Street, Rochester, IN 46975

Rochester
Local realty services provided by:CENTURY 21 Scheetz
629/631 Madison Street,Rochester, IN 46975
$194,900
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  • 2 Beds
  • 2 Baths
  • 1,297 sq. ft.
  • Multi-family
  • Active
Listed by: lisa goodman, abigail renie
Office: lakeshore rltrs, incr
MLS#:202607907
Source:Indiana Regional MLS

Price summary

  • Price:$194,900
  • Price per sq. ft.:$104.39

About this home

Prime Downtown Duplex- High-Demand Investment Opportunity: Unlock a high-performing addition to your portfolio with this well-maintained 2-unit property, perfectly situated just one block from Main Street. This prime location offers unmatched tenant appeal with an easy walk to local restaurants, shopping, The Times Theater, and the Nickel Plate Trail. This property is positioned for a gross monthly rent projection of $1,700, providing an attractive 7.12% Cap Rate for the savvy investor. Each unit features 1 bedroom and 1 bathroom with the added convenience of separate electric/gas meters and dedicated parking/storage in the detached 2-car garage. The larger south unit (#631) blends classic charm with modern updates, featuring hardwood floors in the living and dining rooms, a built-in china cabinet, a vintage-style kitchen with updated vinyl flooring, and brand-new bedroom carpeting. The north unit (#629) has been refreshed with new kitchen flooring, a new bathroom vanity, and updated...

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Home facts

  • Year built:1900
  • Listing ID #:202607907
  • Added:48 day(s) ago
  • Updated:April 28, 2026 at 10:44 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl Tile, Wood
  • Basement Description:Partial Basement
  • Living area:1,297 sq. ft.

Heating and cooling

  • Cooling:Window
  • Heating:Forced Air, Gas

Structure and exterior

  • Year built:1900
  • Building area:1,297 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Corner
  • Architectural Style:One Story
  • Construction Materials:Vinyl
  • Exterior Features:Near Walking Trail, Porch Open
  • Levels:1 Story

Schools

  • High school:Rochester Community
  • Middle school:Rochester Community
  • Elementary school:Columbia / Riddle

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$194,900
  • Price per sq. ft.:$104.39
  • Tax amount:$1,440

Features and amenities

  • Amenities:Water Heater Gas

Parking

  • Garage spaces:1
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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