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Madison, OH Multifamily Home for Sale

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    $1,200,000

    • 12 Beds
    • 6 Baths
    • 6,634 Sq Ft

    5465 Chapel Rd, Madison, OH 44057

    Long/Short term-Ready Investment Opportunity! Welcome to your turnkey rental retreat—featuring a main house and five fully furnished cottages on 3 private, park-like acres on Lake Erie, just minutes from Geneva-on-the-Lake and Mentor Headlands. This income-generating property is ideally located just steps from a public park and close to shopping, dining, and top regional attractions. Enjoy

    Darlene Hall Keller Williams Chervenic Rlty

    5465 Chapel Rd, Madison, OH 44057

Why Live in Madison

Madison, OH, offers a tranquil village lifestyle by the Grand River, attracting both lifelong residents and newcomers with its rural charm and slower pace. The village is surrounded by dense forests and features spacious lots, providing ample opportunities for new construction. Architectural styles in Madison range from New Traditional and colonial-inspired homes to ranch-style houses and condos. The village's small downtown district includes local businesses such as Flagship Craft Cocktails & Eatery, Madison Brewing Company, and Osaka, alongside unique shops like Main Street Vintiques and Video Game Nirvana. Madison is also near several Grand River Valley wineries, including Debonné Vineyards and Laurentia Vineyard & Winery, which host tastings and live music. The village is well-connected via State Routes 528 and 84, with Interstate 90 and Highway 20 leading to Cleveland, about 55 miles away. Commuters can also use the Laketran Park-n-Ride stop for access to downtown Cleveland. Madison Village Square Park is a central outdoor space featuring historical monuments, flower beds, and a pavilion for summer concerts. Other recreational options include Dana's Park, Powderhorn Golf Course, and nearby natural areas like Hidden Valley and Hogback Ridge. Seasonal festivals such as Oktoberfest and Christmas in the Village Park bring the community together with vendors, music, and activities. Despite the presence of two freight lines causing occasional traffic stops, Madison remains a peaceful village with locally owned businesses and a close-knit community feel.

Home Trends in Madison, OH

Housing Trends

Median Sale Price
$200,000
Median Single Family Sale Price
$206,000
Median 2 Bedroom Sale Price
$197,450
Average Price Per Sq Ft
$142
Number of Homes for Sale
37
Last 12 months Home Sales
175
Months of Supply
2.50
Median List Price
$209,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-5%
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