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$205,000 Sale Pending

  • For Sale
  • Pending
  • Duplex
  • 4 Beds
  • 2 Full Baths
  • 0.115 Acres
  • 4 Car Garage
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Welcome to 5816 Madison Ave, an updated duplex with long-term upside potential, whether you are an investor or an owner occupant looking for rental income to offset your mortgage. This solid property features two well-maintained units, each currently leased - the downstairs at $994 and the upstairs at $1,030/month. Upgrades include vinyl plank flooring, updated cabinetry, and baths. First floor unit includes a separate dining room. Second floor unit includes a very large walk-in closet. Updated roof. Deep lot, grassy and tree-shaded with fenced-in side and back yards and 4 parking spots. Located on a quiet street with new development in a desirable neighborhood with easy access to transit, shopping, and local amenities. Professional property management in place. Don't let this opportunity pass you by!

Full Property Details for 5816 Madison

General

  • Price: $205,000
  • Taxes: $4,849 (2024)
  • Status: Pending
  • Type: Duplex
  • Source: 505
  • MLS ID: 5146476
  • Updated: 11/21/2025
  • Added to Site: 95 day(s) ago

Interior

  • Number of Rooms: 12

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Basement

Parking

  • Garage Spaces: 4
  • Parking Features: No Garage, None, Off Street, Parking Pad

Location

  • County: Cuyahoga
  • Township: Cleveland
  • Driving Directions: North Of Lorain. South of Bridge
  • Direction Faces: South

School Information

  • Elem School District: Cleveland Municipal - 1809
  • Midd School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Common Basement
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 2
  • Year Built: 1900
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.115
  • Lot Size: .115
  • Lot Size Source: Assessor
  • Fencing (Description): Chain Link, Full, Wood

Financial Considerations

  • Tax Amount: $4,849
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA
  • Owner Pays: Sewer, Trash Collection, Water

Disclosures and Reports

  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 002-28-075

Listed by JAMM Real Estate Co., Michael L Anter

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Listing agent

— 5816 Madison —

  • Michael L Anter

    JAMM Real Estate Co.

michaelanter22@gmail.com, 216-409-2888

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5816 Madison

School District:Cleveland Municipal School District
NameGradesDistance
Waverly Elementary School
1805 West 57th Street, Cleveland, OH 44102
PK-80.3 mi
Max S Hayes High School
2211 West 65th Street, Cleveland, OH 44102
9-120.4 mi
Clark School
5550 Clark Avenue, Cleveland, OH 44102
PK-80.5 mi
Joseph M Gallagher School
4016 Woodbine Avenue, Cleveland, OH 44113
PK-80.8 mi
Garrett Morgan School of Engineering & Innovation
4600 Detroit Avenue, Cleveland, OH 44102
9-120.8 mi
Walton School
3409 Walton Avenue, Cleveland, OH 44113
PK-81.2 mi
Paul L Dunbar Elementary School @ Kentucky
2159 West 29th Street, Cleveland, OH 44113
PK-81.2 mi
Marion C Seltzer Elementary School
1468 West 98th Street, Cleveland, OH 44102
PK-81.3 mi
Scranton School
1991 Barber Avenue, Cleveland, OH 44113
PK-81.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5816 Madison Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/21/2025
Price Reduced
$205,000
-12.77%
MLS
10/16/2025
Listed
$235,000
235.71%
MLS
2/03/2017
Sold
$70,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5816 Madison

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,849
—
$72,520
78%
2023
$4,849
54%
$40,820
—
2022
$3,147
1%
$40,820
—
2021
$3,117
10%
$40,810
27%
2020
$2,838
8%
$32,130
—
2019
$2,629
—
$32,130
—
2018
$2,620
813%
$32,130
164%
2017
$287
1%
$12,190
—
2016
$285
-72%
$12,190
—
2015
$1,022
22%
$12,190
22%
2014
$836
1%
$9,980
—
2013
$826
—
$9,980
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by JAMM Real Estate Co., Michael L Anter

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5816 Madison, Loveland, OH 44102 (MLS# 5146476) is a Duplex property with 4 bedrooms and 2 full bathrooms. 5816 Madison is currently listed for $205,000 and was received on October 16, 2025. Want to learn more about 5816 Madison? Do you have questions about finding other Duplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

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