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5582 S Ridge Road, Madison, OH 44057

$450,000
  • 5582 S Ridge Road, Madison, OH 44057 Main Photo

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New to the Market Active
BEDS8 BATHS4 full MLS#5219929
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMadison Local

Property 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. 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!

5582 S Ridge Road | MLS# 5219929

This multi-family property located at 5582 S Ridge Road, Madison, OH 44057 is currently listed for sale with an asking price of $450,000. S Ridge Road is located within the Madison Local school district. Search Madison real estate on laurenrasberry.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: French Drain, Interior Entry, Unfinished, Walk-Out Access
Basement: Yes
Cooling: Ceiling Fan(s)
Garage: 3
Heating: Fireplace(s), Hot Water, Radiator(s), Steam
Lot Size: 8.72 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $3,382 / year
Year Built: 1959

Amenities

Built-in Features
Ceiling Fan(s)
High Ceilings
High Speed Internet
Primary Downstairs
Storage
Storage

Feature Descriptions

Community Features: Stable(s), Lake, Medical Service, Park, Restaurant, Shopping
Days on Site: 1
Exterior: Aluminum Siding, Brick, Vinyl Siding
Fireplace: Wood Burning
Laundry: Inside, Multiple Locations
Lot: Agricultural, Subdivided
Parcel#: 01-A-011-0-00-001-0
Parking: Additional Parking, Boat, Common, Detached, Garage
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Septic Tank
Water: See Remarks, Shared Well

Local Schools

School District: Madison Local

Listed By / Shown By

Listed By

Agency Name: McDowell Homes Real Estate Services
Agency Contact: cloricedlugos@gmail.com, 440-812-2542

Shown By

Agent Name: Lauren Rasberry
Agent Phone: (567) 201-6460
Agency Title: Key Realty

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Estimated Payment

$ 2,930.26 per month $2,517.17 Principal & Interest $281.83 Property Tax $131.25 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/18/2026. The listing information on this page last changed on 06/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/18/2026 12:27:58 AM EST) or MichRic (Michigan Regional Information Center) (last updated Wed 06/17/2026 11:17:59 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Wed 06/17/2026 11:34:34 PM EST) or MRED MLS (last updated Thu 06/18/2026 12:19:07 AM EST) or NIRA MLS (last updated Wed 06/17/2026 11:04:49 PM EST) or RealComp MLS (last updated Thu 06/18/2026 12:16:33 AM EST) or Dayton MLS (last updated Wed 06/17/2026 11:46:51 PM EST) or NORIS MLS (last updated Wed 06/17/2026 11:14:26 PM EST) or IRES MLS (last updated Thu 06/18/2026 12:17:12 AM EST) or Colorado Real Estate Network IDX (last updated Wed 06/17/2026 7:08:10 PM EST) or CBRMLS (last updated Thu 06/18/2026 12:24:43 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Wed 06/17/2026 11:53:32 PM EST) or Terrehaute MLS (last updated Thu 06/18/2026 12:26:23 AM EST) or elevate MLS (last updated Thu 06/18/2026 12:15:24 AM EST) or Stellar MLS (last updated Thu 06/18/2026 12:14:02 AM EST) or NKY MLS (last updated Wed 06/17/2026 11:28:23 PM EST) or Wrist MLS (last updated Wed 06/17/2026 11:24:25 PM EST) or Firelands MLS (last updated Wed 06/17/2026 11:11:32 PM EST) or LCAR MLS (last updated Wed 06/17/2026 10:50:11 AM EST) or West Central MLS (last updated Wed 06/17/2026 9:51:36 PM EST) or Fort Myers (last updated Wed 06/17/2026 11:04:41 PM EST) or Aspen/Glenwood Springs MLS (last updated Wed 06/17/2026 9:30:06 PM EST) or Northern Nevada Regional MLS (last updated Thu 06/18/2026 12:26:52 AM EST) or MLS NOW (last updated Thu 06/18/2026 12:17:33 AM EST) or Northern Great Lakes Association of Realtors (last updated Thu 06/18/2026 12:19:17 AM EST) or Mansfield MLS (last updated Wed 06/17/2026 11:47:18 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Thu 06/18/2026 12:21:30 AM EST) or Grand Junction MLS (last updated Wed 06/17/2026 11:37:16 PM EST) or Knox County MLS (last updated Wed 06/17/2026 11:08:17 PM EST) or IRMLS (last updated Wed 06/17/2026 11:12:16 PM EST) or Pueblo MLS (last updated Wed 06/17/2026 11:44:07 PM EST) or Upper Peninsula MLS (last updated Wed 06/17/2026 11:10:13 PM EST) or Greater Lansing MLS (last updated Wed 06/17/2026 10:35:50 PM EST) or SEBAR MLS (last updated Wed 06/17/2026 11:39:23 PM EST) or Water Wonderland MLS (last updated Wed 06/17/2026 10:53:10 PM EST) or Eastern Upper Peninsula MLS (last updated Wed 06/17/2026 11:59:32 PM EST) or Scioto Valley MLS (last updated Wed 06/17/2026 10:03:55 PM EST) or Northern Michigan MLS (last updated Wed 06/17/2026 9:34:17 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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