5582 S Ridge Road
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$450,000

5582 S Ridge Road
Madison, OH 44057
Listed by Clorice L Vines · McDowell Homes Real Estate Services
Bedrooms
8
Bathrooms
4
Living area
N/A
Year built
1850

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 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!

Highlights

Fireplace

Property details

MLS #
5219929
Property type
Quadruplex
Subdivision
N/A
Status
Active
Days on market
4
On market date
N/A
Stories
2
Garage spaces
3
Lot size
8.7159 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
South Elementary School
2.32 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
572
Student:teacher ratio
21.2:1
District
Madison Local
Middle
Madison Middle School
2 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
632
Student:teacher ratio
24.3:1
District
Madison Local
High
Madison High School
2.11 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
911
Student:teacher ratio
21.7:1
District
Madison Local

Mortgage calculator

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Est. monthly payment
$2,860/mo
$90,000 down
$360,000 loan
Principal & interest$2,335
Property tax (est.)$375
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated June 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.