Residential Land with Home for Sale in Madison, Ohio
5466 S Ridge Rd, Madison, OH 44057
Large 4 Family with New Roof! Rents bring in $3350/month. New luxury vinyl plank flooring in the foyer. Three units remodeled with luxury vinyl plank flooring and several kitchen and bathroom updates. One long term tenant over ten years. Tenants supply their own appliances, self-deposit rent and do laundry offsite. Security and Final Month's Rent on deposit. Two off-street parking spaces per unit. Well and septic. New well pump installed in Nov 2024 and new pressure gauge in Oct 2025. Water at the street if wanted to switch over. Septic inspected and pumped bi-annually. Barn has been torn down. Large 2.69 acre lot. Great income producing property at $40,200/year!
Location
- Street address
- 5466 S Ridge Rd
- County
- Lake County
- School district
- Madison LSD Lake- 4303
- Elevation
- 735 feet
Directions
Rt 90, exit Rt 528 and go north, left on Rt 84/S Ridge, corner of Wood.
Property details
- Acreage
- 2.69 acres
- MLS #
- NEOHREX 5144766
- Posted
Property taxes
- 2024
- $10,087 - Residential Four Family
Parcels
- 01-A-011-0-00-016-0
Legal description
Residential Four Family
Details and features
Listing
- Type
- Residential Multi Family
- Franchise
- Berkshire Hathaway Home Services
Exterior
- Parking
- Off Street
Structure
- Stories
- 2
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Natural Gas, Zoned
- Materials
- Wood Siding
- Roof
- Asphalt, Shingle
Interior
- Rooms
- Bathroom x 4, Bedroom x 9, Laundry Room
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 7, 2025 | Price drop | $250,000 | $25,000 -9.1% | NEOHREX |
| Aug 12, 2025 | New listing | $275,000 | — | NEOHREX |