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2824 Haines Road

Madison, OH 44057
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$599,900 $2,529/Mo
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Bed 12

Bed

Bath 6

Bath

SqFt7,297

Sqft

Acres1.80

Acres(Lot)

SIX-UNIT investment opportunity on 1.8 acres in Madison with immediate cash flow potential. Two buildings offer a total of six fully rented units, generating income today with the potential to exceed $7,000 per month. The property includes 12 bedrooms and 6 full baths across a versatile unit mix. The main house features a 3-bedroom, 1-bath unit on the main level, a 2-bedroom, 1-bath unit on the second floor (rent is $1,400/mo, lease expires 6/30/2027), and a 1-bedroom, 1-bath unit at the rear of the main level. The second building includes a 2-bedroom, 1-bath unit on the main level (rent is $1,200/mo, month-to-month lease), a 3-bedroom, 1-bath unit on the second floor (rent is $1,200/mo, lease expires 10/31/2026), and a studio apartment with a full bath in the walkout basement. Some units offer in-suite laundry, adding convenience for tenants. All utilities are currently included in the rent. Situated on a spacious 1.8-acre parcel with ample outdoor space, this is an excellent opportunity to expand or add to an investment portfolio with a fully occupied, income-producing property. Recent updates include full renovation of the back unit in the main building (2024) and replaced kitchen appliances in 1st-floor unit and loft unit of red building (2025).

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Detail Ic Property Details

Property Type : Residential Income

Price : $599,900

AD Id : 87474185

MLS Id : 5223525

Beds : 12

Lot Size : 1.80 Acres

Living Area Size : 7,297

Year Built : 1910

County : Lake

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 6 Full Baths: 6

    Room Information

    Has Basement: Yes Basement: Partially Finished

  • Roofing Information

    Asphalt, Fiberglass

  • Interior Features

    Roof: Asphalt, Fiberglass Appliances: Dryer, Microwave, Range, Refrigerator, Washer Laundry Features: Multiple Locations

  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric Has Cooling: Yes Cooling: Ceiling Fan(s)

  • Building Information

    Year Built: 1910 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 1.8 Acres Lot Size Acres: 1.8 Lot Size Source: Public Records

  • Listing Price Information

    Listing Price: $599900 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 01-B-122-0-00-039-0 Tax Year: 2025 Annual Tax: $8493 Tax Legal Desc: LOT 3 TRACT 4

  • Parking Information

    Off Street

  • Location Information

    Direction: N Ridge Rd (US-20) to Haines Rd WaterSource: Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
52 Eagle Street, Madison, OH, 44057 $275,000 6 4 3,285 3,285 SqFt
5582 S Ridge Road, Madison, OH, 44057 $450,000 8 4 --

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 07/05/2026 @ 17:44

MLS: 5223525 LISTED BY: Adam Zimmerman, Engel & Völkers Distinct 440-568-0400 SOURCE: MLS Now

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