5465 Chapel Rd Madison, OH 44057
Property details
About 5465 Chapel Rd
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.
Highlights
Summary
- Full Bathrooms: 6
- Appliances: Range, Refrigerator
- Basement: Yes
- Interior: Bookcases, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island, Natural Woodwork
- Total Bedroom Count: 12
- Garage Space: 6 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Driveway, Detached, Garage, Unpaved
- Waterfront: Lake Front, Waterfront
- View: Lake, Water
- Exterior: Balcony, Dog Run, Fire Pit, Storage
- Heating: Baseboard, Hot Water, Steam
- Cooling: Wall Unit(s)
- List Price: $1,200,000
- Price/SqFt: $180
- Annual Tax Amount: $13,376
- Tax Year: 2023
- Lot: Waterfront, Wooded
- Directions: Rt. 20 to McMackin Rd. to Chapel Rd.
- Year Built: 1932
- Stories: 2
- Living Area: 6,634 SqFt
- Lot Size: 3.0663 Acres
- MLS Number: 5129377
- MLS Name: NOWDD
- Office Name: Keller Williams Chervenic Rlty
- Office Phone: (330) 800-4255
- Office Email: darlenehall@kw.com
- Listing Agent: Darlene Hall
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 4:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 09, 2023 | Home Sold | $425,000 |
| Sep 01, 2006 | Home Sold | $316,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $101,900 | $13,376 |
| 2022 | $101,900 | $8,628 |
| 2021 | $101,900 | $8,577 |
| 2020 | $101,900 | $8,520 |
| 2019 | $101,900 | $1,153 |
| 2018 | $101,900 | $2,126 |
| 2017 | $93,610 | $7,972 |
History based on county public records data.
Nearby schools
7
North Elementary School
Public District KG-5
1.7 mi
•1941 Red Bird Rd
5
Perry Elementary School
Public District KG-4
4.0 mi
•1 Learning Ln
6
South Elementary School
Public District KG-5
4.3 mi
•92 E Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,581. The majority of Madison, OH residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
Motocross
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
GameStop
Kmart
Where do the neighbors go to eat?
Little Caesars
Sonic
Bob Evans
What do the neighbors drive?
Chevrolet
Jeep
Buick
What do the neighbors listen to?
Country
Oldies- Classic Country
Frequently asked questions
About 5465 Chapel Rd
The listing price of 5465 Chapel Rd property is $1,200,000.
The property 5465 Chapel Rd is a multi located in Madison, Ohio, 44057.
Active Listing: 5465 Chapel Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5465 Chapel Rd are: North Elementary School (GreatSchools Rating 7/10), Perry Elementary School (GreatSchools Rating 5/10), South Elementary School (GreatSchools Rating 6/10), Madison Middle School (GreatSchools Rating 5/10), Perry Middle School (GreatSchools Rating 6/10), Geneva Middle School (GreatSchools Rating 5/10), Madison High School (GreatSchools Rating 5/10), Perry High School (GreatSchools Rating 7/10), Geneva High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $13,376 (source: MLS/based on county public records data).
The last sale was on March 9, 2023 for $425,000 (source: MLS/tax record).
The property 5465 Chapel Rd is 6,634 SqFt (source: MLS/tax record).
The year of construction for 5465 Chapel Rd is 1932.
This home is located at 5465 Chapel Rd in Madison, OH and zip code 44057. This 6,634 square foot home, which was built in 1932, sits on a 3.07 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $1,200,000.
In June 2025, from all listings sold in Madison, OH there were more than 3 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Madison, OH between May and June 2025 increased by 14.1%. In June 2025, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $207,500.