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Active
  • $599,900

    2824 Haines Rd, Madison, OH 44057

    4beds
    7,297sqft
    : 
    $4,297/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $82/sqft
    $-- HOA

    What's special

    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).
    28 days
    |
    375
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam T Zimmerman 440-568-0400 cleveland@evrealestate.com,

    Engel & Völkers Distinct

    Source: MLS Now,MLS#: 5223525MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 6
      Heating
      • Baseboard, Electric
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Multiple Locations
      Features
      • Basement: Partially Finished
      Interior area
      • Total structure area: 7,297
      • Total interior livable area: 7,297 sqft
      • Finished area above ground: 6,067
      • Finished area below ground: 1,230
      Video & virtual tour

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 1.8 Acres
      Details
      • Parcel number: 01B1220000390

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt,Fiberglass
      Condition
      • Year built: 1910

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $82/sqft
      • Tax assessed value: $464,890
      • Annual tax amount: $8,493
      • Date on market: 7/1/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Listed for sale$599,900+14.3%$82/sqft
        Source: MLS Now #5223525 Report a problem
        4/25/2024Sold$525,000-6.3%$72/sqft
        Source: MLS Now #5013888 Report a problem
        4/5/2024Pending sale$560,000$77/sqft
        Source: MLS Now #5013888 Report a problem
        3/22/2024Price change$560,000-3.4%$77/sqft
        Source: MLS Now #5013888 Report a problem
        3/6/2024Price change$580,000-3.3%$79/sqft
        Source: MLS Now #5013888 Report a problem
        1/27/2024Listed for sale$600,000+87.5%$82/sqft
        Source: MLS Now #5013888 Report a problem
        1/30/2023Sold$320,000-11.1%$44/sqft
        Source: MLS Now #4409204 Report a problem
        11/30/2022Pending sale$360,000$49/sqft
        Source: MLS Now #4409204 Report a problem
        10/21/2022Price change$360,000-10%$49/sqft
        Source: MLS Now #4409204 Report a problem
        9/26/2022Pending sale$400,000$55/sqft
        Source: MLS Now #4409204 Report a problem
        9/16/2022Listed for sale$400,000-4.8%$55/sqft
        Source: MLS Now #4409204 Report a problem
        9/12/2022Listing removed--
        Source: MLS Now #4390620 Report a problem
        8/9/2022Price change$420,000-6.6%$58/sqft
        Source: MLS Now #4390620 Report a problem
        7/11/2022Listed for sale$449,900$62/sqft
        Source: MLS Now #4390620 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,493 +3.1%$162,710
        2024$8,234 +7.5%$162,710 +31.5%
        2023$7,657 -0.4%$123,700
        2022$7,690 -0.2%$123,700
        2021$7,704 -52.9%$123,700 +16%
        2020$16,369 -0.6%$106,640
        2019$16,470 +198.7%$106,640 +32.5%
        2018$5,514 $80,510
        2017$5,514 +10.4%$80,510
        2016$4,997 +3.6%$80,510
        2015$4,823 -4.7%$80,510
        2014$5,063 -0.2%$80,510
        2013$5,074 +0.8%$80,510
        2012$5,036 -1.3%$80,510 -12.8%
        2011$5,103 +2.2%$92,360
        2010$4,995 +2.9%$92,360 0%
        2009$4,852 -2.2%$92,366 -9%
        2008$4,962 +0.8%$101,504
        2007$4,921 -50.9%$101,504
        2006$10,020 +12.7%$101,504 +13.4%
        2005$8,889 +0.7%$89,489 +0.8%
        2004$8,823 -0.2%$88,771
        2003$8,841 +15.5%$88,771 +15.1%
        2002$7,651 -0.1%$77,133
        2001$7,655 -0.6%$77,133
        2000$7,698 -2.7%$77,133 -1.5%
        1999$7,910 $78,306
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 44057

        Getting around

        21 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Madison LSD Lake- 4303

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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