Map
Listed price in listed location currency (USD).
$450,000

843

MLS® 5219929

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes $3,382
Days Active 0
Lot Size 8.7159 Acres
Approx. Age 1959
MLS® Number 5219929

Property Address: 5582 S Ridge Road, Madison, OH, 44057

Average square foot calculated using Size range provided by listing agent.

Description

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. Unit 1 features private laundry, newer windows, and an enclosed porch. Units 2 and 3 share a common laundry area. Current rents include Unit 2 at $660/month and Unit 3 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!
MLS® Number5219929
Laundry LevelEnsuite
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1959
BasementFrench Drain, Interior Entry, Unfinished, Walk Out Access
DrivewayAdditional Parking, Boat, Common, Detached, Garage
Garage Spaces
HeatFireplaces, Hot Water, Radiators, Steam
A/CCeiling Fans

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 17, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
5582 S Ridge Road, Madison, OH

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