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Six-Unit Apartment Buildings
For Sale
$599,900

2824 Haines Road, Madison, OH 44057

Madison, OH

Property Size7,297 SF
Lot Size1.80 Acres
Price / SF$82.21
Days on Market53

Property Features for 2824 Haines Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 8, Bedroom 3, Bedroom 10, Bedroom 9, Bedroom 11, Bedroom 12, Bedroom 5, Bedroom 1, Bedroom 7
Standard status Active
Size 7,297 SF
Lot size 1.80 Acres

Amenities

in-suite laundry

Building Details

Year built 1910
Listing Agency: Engel & Volkers Cleveland · Engel & Völkers
Listed By: Adam T Zimmerman
Added: Jul 1 Changed: Aug 20 Last Checked: Aug 22 at 1:06PM
MLS# 5223525

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property comprises two apartment buildings with six fully occupied units totaling 7,297 square feet. The unit mix includes 12 bedrooms and 6 full baths, with apartments ranging from a studio to three-bedroom layouts. The buildings sit on 1.8 acres and date to 1910. Select units include in-suite laundry, while utilities are currently included in tenant rent.

The main building contains three apartments, including a three-bedroom unit, a two-bedroom unit with a lease expiring 6/30/2027, and a one-bedroom unit. The second building adds a two-bedroom apartment on a month-to-month lease, a three-bedroom apartment with a lease expiring 10/31/2026, and a studio with a full bath in the walkout basement. The rear unit in the main building received a full renovation in 2024, and kitchen appliances were replaced in two units of the red building in 2025.

Key Highlights

  • Six fully occupied apartments across two buildings
  • 7,297 square feet on a 1.8‑acre parcel
  • Unit mix includes 12 bedrooms and 6 full baths

Property Analytics

Current Use

Cozy Acres Nursing Home

Suggested Use

Top Pick Law Firm Hair Salon Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 44057, OH

19,447
Population
8,474
Households
2.3
Avg Household Size
44
Median Age
17%
College-Educated
91%
High-School Grad
50.1 sq mi
ZIP Area
388
Density / Sq Mi
$70,212
Median Household Income
$39,191
Median Earnings
$1,044
Median Rent
$170,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property with fully occupied units, tenant utility inclusion, and varied apartment layouts.
Where is this apartment building located?
The property is located at 2824 Haines Road Madison, OH.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Six fully occupied apartments across two buildings; 7,297 square feet on a 1.8‑acre parcel; Unit mix includes 12 bedrooms and 6 full baths
More about this property
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