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  • $450,000

    5582 S Ridge Rd, Madison, OH 44057

    8beds
    --sqft
    : 
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    Quadruplex, Multi Family
    Built in 1850
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Large two-story barnWell-maintained triplexEnclosed porchTwo poultry barnsNewer windows
    This property has been in the same family since 1905!!! Exceptional income-producing farm and multifamily investment opportunity situated on a total of 8.7159 acres of picturesque farmland! This unique property features a well-maintained triplex and a separate ranch home, offering multiple streams of rental income and endless possibilities for investors, owner-occupants, hobby farmers, or those seeking a rural retreat with cash flow potential. The triplex sits on 6.2172 acres and consists of three separate 2-bedroom, 1-bath units, each with its own private entrance. It is considered a Century Home. Unit 1 features private laundry, newer windows, and an enclosed porch. Units 2 and 3 share a common laundry area. Current rents include Unit 3 at $660/month and Unit 2 at $680/month, providing immediate income with additional upside potential. The separate 2-bedroom, 1-bath ranch home is situated on 2.4987 acres and includes its own septic system, creating excellent flexibility for owner occupancy, additional rental income, or multigenerational living. Current rent at $825/month. Outdoor improvements are extensive and include two poultry barns, a large two-story barn, a 3-car garage, a lean-to, and an additional barn equipped with 220-volt electric service and multiple outlets, making it ideal for a workshop, equipment storage, farming operations, small business use, or recreational hobbies. One barn is currently leased for storage at $265/month, adding another income source. Whether you're looking for a cash-flowing investment property, hobby farm, agricultural property, homestead, rental portfolio expansion, or income-producing acreage, this versatile property offers incredible potential. Opportunities like this are rare-schedule your private showing today!
    11 days
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    684
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    32
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    Zillow last checked:

    Listing updated:

    Listed by:

    Clorice L Vines 440-812-2542 cloricedlugos@gmail.com,

    McDowell Homes Real Estate Services,

    Meagan Dowdell 440-415-3708,

    McDowell Homes Real Estate Services

    Source: MLS Now,MLS#: 5219929MLS LogoOriginating MLS: Lake Geauga Area Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Fireplace(s), Hot Water, Radiator(s), Steam
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Laundry: Inside, Multiple Locations
      Features
      • Built-in Features, Ceiling Fan(s), High Ceilings, High Speed Internet, Primary Downstairs, Storage
      • Basement: French Drain,Interior Entry,Unfinished,Walk-Out Access
      • Has fireplace: Yes
      • Fireplace features: Wood Burning

      Property

      Parking
      • Total spaces: 3
      • Parking features: Additional Parking, Boat, Common, Detached, Garage
      • Garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Storage
      Lot
      • Size: 8.72 Acres
      • Features: Agricultural, Subdivided
      Details
      • Parcel number: 01A0110000010
      • Special conditions: Estate

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Aluminum Siding, Brick, Vinyl Siding
      • Foundation: Slab
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1850

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: See Remarks, Shared Well

      Community & HOA

      Community
      • Features: Stable(s), Lake, Medical Service, Park, Restaurant, Shopping
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Madison

      Financial & listing details

      • Annual tax amount: $3,382
      • Date on market: 6/17/2026
      • Cumulative days on market: 12 days
      • Listing terms: Cash,Conventional,FHA 203(b),USDA Loan,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/17/2026Listed for sale$450,000
        Source: MLS Now #5219929 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2018-- --

        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

          2 / 100
          Car-Dependent
          25 / 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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