Six-Unit Apartment
For Sale
$599,900
2824 Haines Road, Madison, OH 44057
Other - Madison, OH
Property Size7,297 SF
Lot Size1.80 Acres
Price / SF$82.21
Days on Market49
Property Features for 2824 Haines Road
General Information
Property type
Other
Property subtype
Quadruplex
Bedrooms
12
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking features
Off Street
Appliances
Dryer, Microwave, Range, Refrigerator
Directions
N Ridge Rd (US-20) to Haines Rd
Standard status
Active
APN
01-B-122-0-00-039-0
Size
7,297 SF
Lot size
1.80 Acres
Utilities
Heating system
Baseboard, Electric (Heating)
Cooling system
Ceiling Fan(s)
Building Details
Year built
1910
Floors in Building
2
Roof type
Asphalt, Fiberglass
Architectural style
Other
Listing Agency:
Engel & Völkers Cleveland
(440) 568-0400
Listed By:
Adam T Zimmerman
(216) 513-2728
Added: Jul 1
Changed: Jul 15
Last Checked: Aug 18 at 12:06PM
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 two-building multifamily property totals six apartments across a 1.8-acre parcel. The main house includes a 3-bedroom, 1-bath unit on the main level, a 2-bedroom, 1-bath unit on the second floor, and a 1-bedroom, 1-bath unit at the rear of the main level. A second building adds a 2-bedroom, 1-bath unit on the main level, a 3-bedroom, 1-bath unit on the second floor, and a studio apartment with a full bath in the walkout basement. Some units include in-suite laundry. Current rents include utilities, which simplifies tenant expenses.
In-place tenancy provides immediate income generation, with leases in effect for multiple units, including a lease expiring 6/30/2027 and another expiring 10/31/2026, while one unit is month-to-month. Recent upgrades include a full renovation of the back unit in the main building in 2024 and replacement of kitchen appliances in the first-floor unit and the loft unit of the second building in 2025. The property also offers ample outdoor space associated with the parcel size.
For buyers and operators seeking a fully occupied, six-unit residential income property, the combination of an established unit mix and documented renovations can support straightforward portfolio management. The utilities-in-rent structure and in-unit laundry options may also help reduce friction for tenants across a variety of layouts.
In-place tenancy provides immediate income generation, with leases in effect for multiple units, including a lease expiring 6/30/2027 and another expiring 10/31/2026, while one unit is month-to-month. Recent upgrades include a full renovation of the back unit in the main building in 2024 and replacement of kitchen appliances in the first-floor unit and the loft unit of the second building in 2025. The property also offers ample outdoor space associated with the parcel size.
For buyers and operators seeking a fully occupied, six-unit residential income property, the combination of an established unit mix and documented renovations can support straightforward portfolio management. The utilities-in-rent structure and in-unit laundry options may also help reduce friction for tenants across a variety of layouts.
Key Highlights
- Six fully rented units across two buildings on a 1.8‑acre parcel in Madison
- Total mix includes 12 bedrooms and 6 full baths
- Main house units: 3BR/1BA main level, 2BR/1BA second floor, and 1BR/1BA rear unit
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building property with six fully rented units, in-suite laundry options, and utilities included in rent.
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 rented units across two buildings on a 1.8‑acre parcel in Madison; Total mix includes 12 bedrooms and 6 full baths; Main house units: 3BR/1BA main level, 2BR/1BA second floor, and 1BR/1BA rear unit
