OH > Madison > Dreamhaven
Madison, OH 44057,5465 Chapel RD
Madison, OH 44057,5465 Chapel RD
Madison, OH 44057,5465 Chapel RD
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$1,200,000
Est. payment /mo
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12 Beds
6 Baths
6,634 SqFt
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5465 Chapel RD Madison, OH 44057

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David Frye

David Frye

+1(330) 402-1347

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,634 sqft

Price per Sqft $180

Subdivision Dreamhaven

MLS Listing ID 5129377

Bedrooms 12

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 6,634

Year Built 1932

Annual Tax Amount $9,069

Tax Year 2024

Lot Size 3.066 Acres

Acres 3.0663

Property Sub-Type Quadruplex

Property Description

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 stunning sunset views, fire pits, dedicated entertainment areas, and two sheds thoughtfully transformed into cozy guest retreats. Each unit offers a fully equipped kitchen, while the main house and three cottages also feature in-unit laundry.
All cottages were thoughtfully restored and major upgrades include all new roofs (2023), siding, two fully renovated bathrooms (2025), now transformed into stylish, comfortable, and guest-ready spaces with strong rental appeal. Everything you see, stays! (except for the 4-wheeler) Whether you're seeking a profitable short- and long-term rental portfolio or a unique multi-family compound, this rare property delivers on charm, versatility, and immediate income potential.

Location

State OH

County Lake

Rooms

Basement Full, Unfinished

Interior

Interior Features Bookcases, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island, Natural Woodwork

Heating Baseboard, Hot Water, Steam

Cooling Wall Unit(s)

Fireplace No

Appliance Range, Refrigerator

Laundry In Basement, In Garage

Exterior

Exterior Feature Balcony, Dog Run, Fire Pit, Storage

Parking Features Driveway, Detached, Garage, Unpaved

Garage Spaces 6.0

Garage Description 6.0

Fence Wood

Waterfront Description Lake Front,Waterfront

View Y/N Yes

Water Access Desc Public

View Lake, Water

Roof Type Asphalt,Fiberglass

Porch Balcony

Private Pool No

Building

Lot Description Lake Erie Front, Lake Front, Wooded, Waterfront

Story 2

Sewer Septic Tank

Water Public

Level or Stories Two

Schools

School District Madison Lsd Lake- 4303

Others

Tax ID 01-B-129-A-00-025-0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Darlene Hall • Keller Williams Chervenic Rlty • darlenehall@kw.com 330-800-4255

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agent

David Frye

SAL.2020009032

+1(330) 402-1347

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5465 Chapel RD