2824 Haines Road, Madison, OH 44057
Local realty services provided by:ERA Real Solutions Realty
Listed by: adam t zimmerman
Office: engel & vlkers distinct
MLS#:5223525
Source:OH_NORMLS
Price summary
- Price:$549,990
- Price per sq. ft.:$75.37
About this home
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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Home facts
- Year built:1910
- Listing ID #:5223525
- Added:94 day(s) ago
- Updated:October 03, 2026 at 03:06 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Full bathrooms:6
- Kitchen Description:Microwave, Range, Refrigerator
- Basement:Yes
- Basement Description:Partially Furnished
- Living area:7,297 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1910
- Building area:7,297 sq. ft.
- Lot area:1.8 Acres
- Construction Materials:Vinyl Siding
- Levels:2 Story
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$549,990
- Price per sq. ft.:$75.37
- Tax amount:$8,493 (2025)
Features and amenities
- Appliances:Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
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