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).
Active
Price cut: $49.9K (9/10)
$549,990
2824 Haines Rd, Madison, OH 44057
8beds
7,297sqft
Quadruplex, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$75/sqft
$-- HOA
What's special
- 82 days
- 285
- 9
Zillow last checked:
Listing updated:
Listed by:
Adam T Zimmerman 440-568-0400 cleveland@evrealestate.com,
Engel & Völkers Distinct
Source: MLS Now,MLS#: 5223525
Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- 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: $75/sqft
- Tax assessed value: $464,890
- Annual tax amount: $8,493
- Date on market: 7/1/2026
- Cumulative days on market: 83 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Price change | $549,990-8.3%$75/sqft |
Source: | ||
| 7/1/2026 | Listed for sale | $599,900+14.3%$82/sqft |
Source: | ||
| 4/25/2024 | Sold | $525,000-6.3%$72/sqft |
Source: | ||
| 4/5/2024 | Pending sale | $560,000$77/sqft |
Source: | ||
| 3/22/2024 | Price change | $560,000-3.4%$77/sqft |
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| 3/6/2024 | Price change | $580,000-3.3%$79/sqft |
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| 1/27/2024 | Listed for sale | $600,000+87.5%$82/sqft |
Source: | ||
| 1/30/2023 | Sold | $320,000-11.1%$44/sqft |
Source: MLS Now #4409204 Report a problem | ||
| 11/30/2022 | Pending sale | $360,000$49/sqft |
Source: | ||
| 10/21/2022 | Price change | $360,000-10%$49/sqft |
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| 9/26/2022 | Pending sale | $400,000$55/sqft |
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| 9/16/2022 | Listed for sale | $400,000-4.8%$55/sqft |
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| 9/12/2022 | Listing removed | -- |
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| 8/9/2022 | Price change | $420,000-6.6%$58/sqft |
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| 7/11/2022 | Listed for sale | $449,900$62/sqft |
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Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: 44057
Nearby schools
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.





