$599,900

2824 Haines Road, Madison, OH 44057

  • 12 beds |
  • 6 baths |
  • 7,297 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon1.8acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $82/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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).

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 6:20PM
Listing Office:
Engel & Völkers Distinct : 440-568-0400
Listing Agent:
Adam T Zimmerman : 216-513-2728
MLS ID:
5223525
  • Appliances: DryerMicrowaveRangeRefrigeratorWasher
  • Laundry: Multiple Locations
  • Basement: Partially Finished
  • A/C: Ceiling Fan(s)
  • Heating: BaseboardElectric
  • Parking: Off Street
  • Roofing: AsphaltFiberglass
  • General: Vinyl Siding2
  • Originating MLS: NOWDD_NORM
  • School District: Madison LSD Lake- 4303
  • County: Lake
  • Zoning: LOT 3 TRACT 401-B-122-0-00-039-0
  • Water: Well
  • Sewer: Septic Tank
  • Source: NOWDD_NORM

This listing courtesy of Adam T Zimmerman , Engel & Völkers Distinct

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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