Property photo 1
23 photos
ActiveMLS# 5223525109 days on market

$549,990

2824 Haines Road

Madison, OH 44057

12 BD|6 BA|7,297 SQFT|$75.37/sqft

About This Property

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).

Features & Amenities

Basement

Property Details

Property TypeSingle Family
Year Built1910
Lot Size78,408 sqft
Stories2
Price / Sqft$75.37
Days on Market109
MLS Number5223525

Noreen Kaseda

Sales Associate

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Est. Monthly Payment

$3,308

P&I: $2,781 | Tax: $390 | Insurance: $137

$549,990
%
%
Loan Amount$439,992
Down Payment$109,998

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

2824 Haines Road, Madison, OH 44057

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