$275,000

5466 S Ridge Rd Madison, OH 44057

Estimated payment $1,879/month

Total Views 36,156
9 Beds
4 Baths
4,015 Sq Ft
$68 Price per Sq Ft

Highlights

  • 2.69 Acre Lot
  • Energy-Efficient Roof
  • Wood Siding
  • Zoned Heating

About This Home

Large 4 Family with New Roof! 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 valve 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 to be torn down. Large 2.69 acre lot. Great income producing property!

Listing Agent

Joseph Zingales

Berkshire Hathaway HomeServices Professional Realty Brokerage Email: josephzingales@gmail.com, 440-346-2031 License #2013000048 Listed on: 08/12/2025

Berkshire Hathaway HomeServices Professional Realty

Co-Listing Agent

Dianna Turk

Berkshire Hathaway HomeServices Professional Realty Brokerage Email: josephzingales@gmail.com, 440-346-2031 License #2013000271

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1812

Parking

  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 4,015 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Septic Tank

Additional Features

  • Energy-Efficient Roof
  • 2.69 Acre Lot

Community Details

  • No Laundry Facilities
  • Operating Expense $12,000

Listing and Financial Details

  • The owner pays for gas
  • Assessor Parcel Number 01-A-011-0-00-016-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1812

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1812
  • Attribution Contact: josephzingales@gmail.com, 440-346-2031
  • Co List Office Phone: 440-296-5006
  • Above Grade Finished Sq Ft: 4015.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Efficiency: Roof
  • Tax Year: 2024
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Shingle
  • Acres: 2.69
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • LaundryFeatures: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Zoned
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Madison LSD Lake- 4303

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 01-A-011-0-00-016-0

Rental Info

  • Owner Pays: Gas
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 40200.0
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 10087.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,247 $94,610 $21,290 $73,320
2023 $5,247 $71,680 $15,330 $56,350
2022 $4,562 $71,680 $15,330 $56,350
2021 $4,570 $71,680 $15,330 $56,350
2020 $7,145 $61,790 $13,220 $48,570
2019 $5,360 $61,790 $13,220 $48,570
2018 $4,816 $47,900 $13,440 $34,460
2017 $4,415 $47,900 $13,440 $34,460
2016 $4,153 $47,900 $13,440 $34,460
2015 $2,945 $47,900 $13,440 $34,460
2014 $3,012 $47,900 $13,440 $34,460
2013 $3,019 $47,900 $13,440 $34,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2025 08/12/25 For Sale $275,000 -- $68 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Cannon & Aveni Co Lpa
Deed $74,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 New Conventional
Source: Public Records

About the Listing Agent

Joseph Zingales

Berkshire Hathaway HomeServices Professional Realty

(440) 970-1757

Section Image

Joseph A. Zingales is a broker in the states of Ohio and Florida. Zingales serves as Principal of The Zingales Team and has been a licensed real estate agent since January 1998. In addition to listing and selling homes, Joseph likes sharing his experience and knowledge, therefore managing comes effortlessly for him.

Joseph continues to stay current on the real estate laws, procedures, and trends which helps him provide value to his office. His mission in business and his personal life

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Source: MLS Now

MLS Number: 5144766

MLS Now

APN: 01-A-011-0-00-016