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).
Multi-familyProperty Type
1910Year Built
1.8 acresLot Size
$99Price/Sq.Ft.
Listed by Adam Zimmerman• Engel & Völkers Distinct
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Madison, OH • 44057
Average low and high temperatures (°F)
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39
27
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Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 22% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2824 Haines Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $300,000 and $605,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $300K to $605K.