2824 Haines Road

Madison, OH 44057

$599,900
Price
12
Beds
7,297 Sq. Ft.
$82 / Sq. Ft.
7,297
Sq. Ft.
$82
per Sq. Ft.
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Description

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...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).
  1. Listed by Adam T Zimmerman • Engel & Völkers Distinct
    P: (216)-513-2728 C: (216)-513-2728 adam.zimmerman@evrealestate.com

Property Details for 2824 Haines Road

Has Waterfront
No
LISTING UPDATED: 07/01/2026 02:09 PM

Property Details for 2824 Haines Road

StatusActive
MLS #5223525
Days on Market5
Taxes$8,493 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1910
Lot Size1.80 AC / 78,408 SF
CountyLake County
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Location

Listing Courtesy of Engel & Völkers Distinct
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Building Information for 2824 Haines Road

Stories2Residences-Year Built1910Building Size-Lot Size1.80 AC / 78,408 SF

Payment Calculator

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$3,697 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,989

Property Taxes

$708

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2824 Haines Road

Summary
Location and General Information
  • Directions: N Ridge Rd (US-20) to Haines Rd
  • Latitude: 41.798335
  • Longitude: -81.084982
  • Township: Madison Twp
Taxes and HOA
  • Parcel Number: 01-B-122-0-00-039-0
  • Tax Annual Amount: $8,493.00
  • Tax Legal Description: LOT 3 TRACT 4
  • Tax Year: 2025
School Information
  • Elementary School District: Madison LSD Lake- 4303
  • High School District: Madison LSD Lake- 4303
  • Middle or Junior School District: Madison LSD Lake- 4303
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Off Street
Property
Lot Information
  • Lot Size Acres: 1.8
  • Lot Size Area: 1.8
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 6067.0
  • Above Grade Finished Area Source: Realist
  • Below Grade Finished Area: 1230.0
  • Below Grade Finished Area Source: Realist
  • Living Area: 7297.0
  • Living Area Units: Square Feet
  • Year Built: 1910
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Vinyl Siding
  • Levels: Two
  • Number of Buildings: 2
Utilities
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Partially Finished
  • Has Basement: Yes
  • Full Bathrooms: 6
  • Total Bathrooms Integer: 6
  • Total Bedrooms: 12
  • Cooling: Ceiling Fans
  • Heating: Baseboard, Electric
  • Has Heating: Yes
  • Laundry Features: Multiple Locations
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 2
Unit Information
Unit 1
  • Actual Rent: $1,400.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Main House - 2nd floor
  • Leased: Yes
  • Lease Expires: 06-29-2027 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 2
  • Actual Rent: $1,200.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Red Building - 1st floor (2 more units in this building - see remarks)
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Rental
Rent Information
  • Owner Pays: All Utilities

Property History for 2824 Haines Road

DateEvent & SourcePriceAppreciation
Jul 1, 2026

Listed (Active)

MLS Now #5223525

$599,900—
Apr 25, 2024

Sold (Public Record)

Public Record #1531131082

$525,000

+49.3% / yr

Apr 25, 2024

Sold

MLS Now #5013888

$525,000—
DateEvent & SourcePrice
07/01/2026

Listed (Active)

MLS Now #5223525

$599,900
04/25/2024

Sold (Public Record)

Public Record #1531131082

$525,000

+49.3% / yr

04/25/2024

Sold

MLS Now #5013888

$525,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2824 Haines Road

Taxable ValueLand$16,960Additions$145,750Total$162,710
Tax Record2025$8,493 ($708 / month)
Home Facts
Baths4.5Total Finished SqFt3,307 SqFtAbove Grade Finished SqFt3,307 SqFtUnfinished Basement SqFt722 SqFtStories2Lot Size78,408 SqFtStyleTriplexYear Built1910Year Renovated1985ZoningB-2CountyLAKEAPN01-B-122-0-00-039-0Fireplace TypeHas Fireplace

Schools near 2824 Haines Road

This home is within Madison Local School District.
Rating
School
Type
Grades
Distance
Red Bird Elementary School
Public - K to 5
Madison Middle School
Public - 6 to 8
Madison High School
Public - 9 to 12
Madison Online Learning Academy
Public - 2 to 12
Rating
School
Distance
Red Bird Elementary School
PublicK to 5

Madison Middle School
Public6 to 8

Madison High School
Public9 to 12

Madison Online Learning Academy
Public2 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2824 Haines Road, Madison, OH 44057

2824 Haines Road is a multi-family home for sale in Madison, OH 44057. This property was listed for sale on July 1, 2026 by Engel & Völkers Distinct, it's currently listed at $599,900. It has been on the market for a total of 5 days and was last sold on April 25, 2024. This listing's school district is Madison Local School District. Nearby schools include Red Bird Elementary School, Madison Middle School and Madison High School. 2824 Haines Road is a 12-bed, 6-bath, 7,297 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Völkers Distinct

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