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$599,900

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
  • Updated 13 days ago
See This Home
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See This Home
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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).

Full Property Details for 2824 Haines Rd

General

  • Price: $599,900
  • Taxes: $8,493 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: 505
  • MLS ID: 5223525
  • Updated: 7/1/2026
  • Added to Site: 13 day(s) ago

Interior

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 12

Other Rooms

  • Laundry: Multiple Locations

Parking

  • Parking Features: Off Street

Location

  • County: Lake
  • Township: Madison Twp
  • Driving Directions: N Ridge Rd (US-20) to Haines Rd

School Information

  • Elem School District: Madison LSD Lake- 4303
  • Midd School District: Madison LSD Lake- 4303
  • High School District: Madison LSD Lake- 4303

Heating & Cooling

  • Cooling Type: Ceiling Fan(s)
  • Heating Type: Baseboard, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • # Buildings: 2
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Partially Finished
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 2
  • Square Feet: 7,297
  • Living Area: 7,297 Sq. Ft.
  • Finished Above Grnd: 6,067 Sq. Ft.
  • Finished Below Grnd: 1,230 Sq. Ft.
  • Year Built: 1910
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 1.8
  • Lot Size: 1.8
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $8,493
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan
  • Owner Pays: All Utilities

Disclosures and Reports

  • Legal Description: LOT 3 TRACT 4
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 01-B-122-0-00-039-0

Listed by Engel & Völkers Distinct, Adam T Zimmerman

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Listing agent

— 2824 Haines Rd —

  • Adam T Zimmerman

    Engel & Völkers Distinct

440-568-0400, cleveland@evrealestate.com

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 2824 Haines Rd

School District:Madison Local School District, Bainbridge, OH
NameGradesDistance
Red Bird Elementary School
92 East Main Street, Madison, OH 44057
K-52.9 mi
Madison Middle School, Madison, OH
6079 Middle Ridge Road, Madison, OH 44057
6-80.8 mi
Madison High School, Madison, OH
3100 Burns Road, Madison, OH 44057
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2824 Haines Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/01/2026
Listed
$599,900
14.27%
MLS
4/25/2024
Sold
$525,000
—
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 2824 Haines Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$162,710
—
2024
$8,234
8%
$162,710
32%
2023
$7,657
-60%
$123,700
—
2021
$19,105
148%
$123,700
—
2022
$7,690
-54%
$123,700
16%
2020
$16,745
122%
$106,640
—
2019
$7,531
-1%
$106,640
—
2018
$7,571
34%
$106,640
32%
2017
$5,640
10%
$80,510
—
2016
$5,123
4%
$80,510
—
2015
$4,949
-5%
$80,510
—
2014
$5,189
1%
$80,510
—
2013
$5,119
—
$80,510
—
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

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Listed by Engel & Völkers Distinct, Adam T Zimmerman

2824 Haines Road, Madison, OH 44057 (MLS# 5223525) is a Multi-Family property with units containing 12 bedrooms and 6 full bathrooms. 2824 Haines Road is currently listed for $599,900 and was received on July 01, 2026. Want to learn more about 2824 Haines Road? Do you have questions about finding other Multi-Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

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