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$342,400
Monthly Est:$1,704
8 Beds
3 Baths3 full baths
3,169sqft
1875 Perth Rd, Madison, OH 44057
$342,400
$1,704/moEst:
Get Pre-Approved
Single Family Residence
Built in 1950
$-- HOA
0.26 acre lot
$108/sq.ft
Description
$6,000 SELLER CREDIT with closing by December 15! Use it toward a rate buydown, closing costs or prepaids. OPPORTUNITY KNOCKS in Madison. This fully furnished 8-bedroom, 3-full-bath home has TWO full kitchens, TWO living rooms and a bonus first-floor office. The flexible layout suits a recovery home, group home, shared housing, foster care, nonprofit or mentorship program, or multigenerational living, with 4 bedrooms, a full bath, laundry and the office on the first floor. THE NUMBERS: At up to $700 per bed, 8 beds could gross about $5,600/month. With 20% down at 6.5%, estimated P&I is about $1,745/month. Add taxes of $4,225/yr (about $352/mo) and estimated insurance near $200/mo, for a total payment around $2,300/month. After an estimated 45% for vacancy, utilities, taxes, insurance and upkeep, that is roughly a 10% cap rate. Also a fit for furnished short, mid or long-term rentals. Located in Northeast Ohio's Lake Erie and Grand River Valley wine country, near wineries, Lake Erie recreation, parks, Geneva-on-the-Lake and SPIRE Institute. All figures are estimates. Rents, rates, insurance and occupancy limits vary. Buyers to verify all numbers and complete their own due diligence on requirements for their intended use. FULLY FURNISHED and ready for your vision!
- Houzeo last checked: 14 minutes ago
- Listing updated: October 30, 2026 at 6:17 pm
- Listing Provided by: Kit Custer (330) 221-6578 DRE #2013003758 | RE/MAX Transitions (440) 597-3629
- Source: MLS Now-OH | MLS#: 5245872
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
3,169 sqft
Lot Size
0.26 acre lot
Basement Area
- sqft
MLS Name
MLS Now
MLS Number
5245872
MLS Status
Active
Days on Market
51
Cumulative Days on Market
41
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 3
Kitchen
Level: Second
Area: NaN Square Feet
Dimensions: ND x ND
Kitchen
Level: First
Area: NaN Square Feet
Dimensions: ND x ND
Interior
Heating
Forced Air, Gas, Hot Water, Steam
Appliances
Cooktop, Dishwasher, Microwave, Range, Refrigerator
Cooling
Central Air
Sewer
Public Sewer
Construction
Year Built
Year Built: 1950
Home type
Single Family Residence
Roof
Asphalt, Fiberglass
Foundation Details
Slab
Architectural Style
Colonial
Construction Materials
Vinyl Siding
Utilities & Energy
Pool Features
None
Laundry Features
Laundry Room
Parking Features
Detached, Garage
Water Source
Public
Fireplace Features
None
Other Features
Subdivision Name
Madison Golf Lakelands
Patio And Porch Features
Patio
Disclosures
Owner Is Listing Agent
Price History
| Date | Event | Price |
|---|---|---|
10/22/2026 Source: | Price Increased | $344,900 +0.73% $109/sqft |
10/19/2026 Source: | Price Decreased | $342,400 -2.17% $108/sqft |
09/18/2026 Source: | Off Market | $350,000 $110/sqft |
09/18/2026 Source: | Listed for Sale | $350,000 +537.52% $110/sqft |
03/30/2014 Source: | Sold | $54,900 +13.43% $17/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Nov 09, 2026, 02:15AM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. Houzeo participates in MLS Now IDX program, allowing us to display other IDXP’s’ listings on our website. However, Houzeo does not display the entire MLS Now IDX database on this website. The listings of some real estate brokerage firms have been excluded. The photos may be altered, edited, enhanced or virtually staged. © 2026 Multiple Listing Service, Inc. All Rights Reserved
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