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Six-Unit Apartment Buildings
For Sale
$599,900

2824 Haines Rd, Madison, OH 44057

Two-building multifamily property with fully occupied units, varied layouts, and some in-suite laundry.

Property Size7,297 SF
Lot Size1.80 Acres
Price / SF$82.21
Days on Market29

Property Features for 2824 Haines Rd

General Information

Standard status Active
Size 7,297 SF
Lot size 1.80 Acres
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/1BA, 2 x 2BR/1BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units 6

Additional Details

Utilities to Site Yes

Building Details

Year Built 1910
Buildings 2
Tenancy Multi
Listing Agency: Engel & Völkers Distinct
Listed By: Adam T Zimmerman
Source: Theacclaimedrealty
Added: Aug 2 Changed: Aug 30 Last Checked: Aug 30 at 8:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Völkers Distinct

Investment Insights

Based on property information with market context.

This multifamily property includes two residential buildings totaling 7,297 square feet on a 1.8-acre parcel. The six units provide 12 bedrooms and 6 full baths, with layouts ranging from a studio to three-bedroom apartments. The unit mix includes both multi-level and walkout-basement space, and some apartments have in-suite laundry. All utilities are included in the current rents.

Located at 2824 Haines Rd in Madison, OH, the property dates to 1910 and offers substantial outdoor area across the parcel. Recent work includes a full renovation of the rear unit in the main building in 2024, along with kitchen-appliance replacements in the first-floor and loft units of the second building in 2025. The property is fully occupied, with leases including a month-to-month arrangement and terms extending through 2026 and 2027.

Key Highlights

  • Six fully rented units across two buildings
  • 7,297 square feet on a 1.8‑acre parcel
  • Unit mix includes a studio and 1-, 2-, and 3‑bedroom apartments

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
Multi-tenant
Tenancy
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property with fully occupied units, varied layouts, and some in-suite laundry.
Where is this apartment building located?
The property is located at 2824 Haines Rd 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 rented units across two buildings; 7,297 square feet on a 1.8‑acre parcel; Unit mix includes a studio and 1-, 2-, and 3‑bedroom apartments
More about this property
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