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5582 S Ridge Road, Madison, OH 44057

Madison
Local realty services provided by:CENTURY 21 DeAnna Realty
5582 S Ridge Road,Madison, OH 44057
$450,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: clorice l vines, meagan dowdell
Office: mcdowell homes real estate services
MLS#:5219929
Source:OH_NORMLS

Price summary

  • Price:$450,000

About this home

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...

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Home facts

  • Year built:1959
  • Listing ID #:5219929
  • Added:1 day(s) ago
  • Updated:June 18, 2026 at 03:38 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement:Yes
  • Basement Description:Unfinished, Walk Out Access

Heating and cooling

  • Heating:Fireplaces, Hot Water, Radiators, Steam

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1959
  • Lot area:8.72 Acres
  • Construction Materials:Aluminium Siding, Brick, Vinyl Siding
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$450,000
  • Tax amount:$3,382 (2025)

Features and amenities

  • Amenities:Carbon Monoxide Detectors, Smoke Detectors

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:3
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