Sold
Last Sold Price
9 beds4,015 sqft$60/sqft
5466 South Ridge Road, Madison, OH 44057
Multi FamilyProperty Type
2.69 acresLot Size
1812Year Built
$60/sq ftPrice per sq ft

Description

Large 4 Family with New Roof! Rents bring in $3350/month. New luxury vinyl plank flooring in the foyer. Three units remodeled with luxury vinyl plank flooring and several kitchen and bathroom updates. One long term tenant over ten years. Tenants supply their own appliances, self-deposit rent and do laundry offsite. Security and Final Month's Rent on deposit. Two off-street parking spaces per unit. Well and septic. New well pump installed in Nov 2024 and new pressure gauge in Oct 2025. Water at the...Large 4 Family with New Roof! Rents bring in $3350/month. New luxury vinyl plank flooring in the foyer. Three units remodeled with luxury vinyl plank flooring and several kitchen and bathroom updates. One long term tenant over ten years. Tenants supply their own appliances, self-deposit rent and do laundry offsite. Security and Final Month's Rent on deposit. Two off-street parking spaces per unit. Well and septic. New well pump installed in Nov 2024 and new pressure gauge in Oct 2025. Water at the street if wanted to switch over. Septic inspected and pumped bi-annually. Barn has been torn down. Large 2.69 acre lot. Great income producing property at $40,200/year!
Listing closed: 03/11/2026 12:00 AM • Source: MLS Now, MLS#: 5144766

Location

Listing Courtesy of Berkshire Hathaway HomeServices Professional Realty

Sold By Keller Williams Greater Cleveland Northeast

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Payment Calculator

$2,060 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,220

Property Taxes

$841

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5466 South Ridge Road

Property Details
  • Taxes: $10,087 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Lake County
  • Has Waterfront: No
Building Information
  • Stories: 2
  • Year Built: 1812
  • Lot Size: 2.69 AC / 117,176 SF
Summary
Location and General Information
  • Directions: Rt 90, exit Rt 528 and go north, left on Rt 84/S Ridge, corner of Wood.
  • Latitude: 41.762467
  • Longitude: -81.093526
  • Township: Madison Twp
Taxes and HOA
  • Parcel Number: 01-A-011-0-00-016-0
  • Tax Annual Amount: $10,087.00
  • Tax Legal Description: Residential Four Family
  • Tax Year: 2024
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: 2.69
  • Lot Size Area: 2.69
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 4015.0
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Owner
  • Living Area: 4015.0
  • Living Area Units: Square Feet
  • Year Built: 1812
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Wood Siding
  • Levels: Two
  • Number of Buildings: 1
Green Features
  • Green Energy Efficient: Roof
Utilities
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Has Basement: No
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 4
  • Total Bedrooms: 9
  • Cooling: None
  • Has Cooling: No
  • Heating: Gas, Zoned
  • Has Heating: Yes
  • Laundry Features: None
  • Main Level Bathrooms: 0
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Shingle
  • Stories: 2
Multi Family
Income & Expenses
  • Gross Income: $40,200.00
  • Operating Expense: $12,000.00
Unit Information
Unit 1
  • Actual Rent: $800.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Finishing remodel then will be listed for rent.
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom
Unit 2
  • Actual Rent: $850.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Month-to-Month Tenant. Occupied over a year.
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $750.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Month-to-Month Tenant. Occupied over 10 years.
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 4
  • Actual Rent: $950.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: Month-to-Month Tenant. Occupied over a year.
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Three Bedroom
Rental
Rent Information
  • Owner Pays: Gas
  • Tenant Pays: Electricity

Property History for 5466 South Ridge Road

DateEvent & SourcePriceAppreciation
Mar 11, 2026

Sold

MLS Now #5144766

$240,000
Mar 10, 2026

Sold (Public Record)

Public Record #1931477052

$240,000
Dec 22, 2025

Contract Signed

MLS Now #5144766

DateEvent & SourcePrice
03/11/2026

Sold

MLS Now #5144766

$240,000
03/10/2026

Sold (Public Record)

Public Record #1931477052

$240,000
12/22/2025

Contract Signed

MLS Now #5144766

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

Public Records for 5466 South Ridge Road

Taxable ValueLand$21,290Additions$73,320Total$94,610
Home Facts
Baths4Total Finished SqFt2,461 SqFtAbove Grade Finished SqFt2,461 SqFtStories2Lot Size117,176 SqFtStyleTriplexYear Built1812Year Renovated1931CountyLAKEAPN01-A-011-0-00-016-0

Schools near 5466 South Ridge Road

This home is within Madison Local School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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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Listing Courtesy of Berkshire Hathaway HomeServices Professional Realty

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