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    Triplex and Ranch Home on Acreage Title is generated by Realmo AI

    5582 S Ridge Road, Madison, OH 44057

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    Claim this Listing
    New
    For Sale
    $450,000

    MULTI_FAMILY - Madison, OH

    Lot size:
    8.72 Acres
    Added:
    Jun 17, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 19 at 6:06 am

    Property Features for 5582 S Ridge Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Laundry Room, Bedroom 7, Bedroom 8, Basement, Bathroom 3, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 2
    Parking features
    Garage, Boat
    Interior features
    BuiltInFeatures, CeilingFans, HighCeilings, HighSpeedInternet, PrimaryDownstairs, Storage
    Exterior features
    Storage
    Fireplace
    1
    Standard status
    Active
    APN
    01-A-011-0-00-001-0
    Lot size
    8.72 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 9 TRACT 3
    Tax Annual Amount
    3382

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Other (Heating), Fireplace(s), Steam, Hot Water(Heating)
    Cooling system
    Ceiling Fan(s)
    Water source
    Well

    Building Details

    Year built
    1959
    Floors in Building
    2
    Building materials
    AluminumSiding, Brick, VinylSiding
    Roof type
    Asphalt, Shingle
    Additional Structures
    Storage

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    Listing Contact
    Clorice L Vines

    Listing agent Clorice L Vines License #2025003178

    Listing office McDowell Homes Real Estate Services 7230 Mentor Avenue, Mentor, OH

    Listing date Jun 17, 2026

    MLS# 5219929 Listing URL

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

    HighLights

    • Income‑producing multi‑family and ranch setup on 8.7159 acres, including a triplex plus a separate ranch home.
    • Triplex on 6.2172 acres: three separate 2‑bedroom, 1‑bath units with private entrances; built in a century‑home style.
    • Current triplex rents: Unit 3 at $660/mo and Unit 2 at $680/mo; Unit 1 includes private laundry plus newer windows and an enclosed porch.
    • Separate ranch home on 2.4987 acres: 2‑bed, 1‑bath with its own septic system; current rent $825/mo.
    • Multiple outbuildings for farm and storage use: two poultry barns, a large two‑story barn, and an additional barn with 220‑volt electric service and outlets.
    • Parking and utility features include a 3‑car garage and a boat parking feature; well water and septic tank sewer.

    Overview

    Set on 8.7159 acres, this property includes a well-maintained triplex and a separate ranch home. The triplex is described as a century home and contains three separate 2-bedroom, 1-bath units, each with its own private entrance. Unit 1 features private laundry, newer windows, and an enclosed porch, while Units 2 and 3 share a common laundry area. A separate 2-bedroom, 1-bath ranch home sits on 2.4987 acres and includes its own septic system.

    The setting supports both residential and operational use, with extensive outdoor improvements that include two poultry barns, a large two-story barn, a 3-car garage, and a lean-to. An additional barn is equipped with 220-volt electric service and multiple outlets for workshop, storage, farming operations, small business use, or recreational hobbies. One barn is currently leased for storage at $265/month.

    For tenants or owner-occupants seeking rental flexibility, the layout provides multiple standalone living units plus a separate home that can be used as additional rental space or for multigenerational living. Current rents noted for the triplex include $660/month for Unit 3 and $680/month for Unit 2, along with $825/month for the ranch home. The property has been in the same family since 1905.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Food Market Garden Center Bakery Bed & Breakfast Restaurant Florist Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Lake
    State
    Ohio
    Longitude
    -81.088045
    Latitude
    41.763288

    FAQs

    What type of property is this?
    Triplex - A Madison, OH rural property with a triplex, separate ranch home, and multiple farm outbuildings for flexible income or living.
    Where is this triplex located?
    The property is located at 5582 S Ridge Road Madison, OH.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Income‑producing multi‑family and ranch setup on 8.7159 acres, including a triplex plus a separate ranch home.; Triplex on 6.2172 acres: three separate 2‑bedroom, 1‑bath units with private entrances; built in a century‑home style.; Current triplex rents: Unit 3 at $660/mo and Unit 2 at $680/mo; Unit 1 includes private laundry plus newer windows and an enclosed porch.
    More about this property
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