OPPORTUNITY KNOCKS in Madison! This fully furnished 8-bedroom, 3-full-bath single-family property offers a turnkey opportunity with an incredibly versatile layout. With 8 bedrooms, TWO full kitchens, TWO living rooms and a bonus first-floor office, the space lends itself to a variety of residential, investment and organizational uses. The layout offers exciting possibilities for a recovery home, group home, shared housing, foster care setting, nonprofit organization, mentorship program or similar use. Buyers should complete their own due diligence regarding requirements for intended use. It’s also a fantastic option for multigenerational living, with bedrooms, a full bathroom, laundry and office conveniently located on the first floor. Two kitchens and multiple living areas provide extended family with additional space and privacy. Looking for an investment? Explore furnished housing or short-term, mid-term or long-term rental strategies with modifications as needed. Located in Northeast Ohio’s Lake Erie and Grand River Valley wine-country region, near wineries, Lake Erie recreation, parks, Geneva-on-the-Lake and SPIRE Institute, creating appeal for vacationers, traveling professionals, athletes and extended-stay guests. FULLY FURNISHED and ready for your vision!
Unique home where upper level could be rented. Upper level features exterior entrance, 4 bedrooms, 2 living rooms, 1 full bathroom, kitchen, and 2 fireplaces. First floor features eat-in-kitchen, dining, 3 bedrooms, enclosed Sun Room, and 2 full baths, 1 fireplace. This is a Fannie Mae HomePath Property. Purchase this property with as little as 5% down!! This property is approved from HomePath Renovation Mortgage Financing.
MLSNOW #3379861
Apr 30, 2013
Listing Removed
—
Feb 1, 2013
Listed
$99,900
$32/sq ft
MLSNOW #3356078
Jan 31, 2013
Listing Removed
—
Oct 4, 2012
Listed
$129,900
$41/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,225 (+2.1%)
$16,320 + $64,680
$81,000
2024
$4,138 (−8.8%)
$16,320 + $64,680
$81,000
2023
$4,538 (+19.1%)
$13,180 + $45,820
$59,000
2022
$3,809 (−6.6%)
$13,180 + $45,820
$59,000
2021
$4,078 (−65.7%)
$13,180 + $45,820
$59,000
2020
$11,886 (−31.8%)
$11,360 + $7,540
$18,900
2019
$17,423 (+37.2%)
$11,360 + $7,540
$18,900
2018
$12,700 (+814.3%)
$11,360 + $7,540
$18,900
2017
$1,389 (−64.4%)
$11,360 + $7,540
$18,900
2016
$3,907 (+1.2%)
$11,360 + $48,340
$59,700
2014
$3,862
$11,360 + $48,340
$59,700
Public record
Beds
4
Baths
2.5
Stories
2
Lot width
75 ft.
Lot depth
150 ft.
Lot size
0.26 Acres
Year renovated
1982
Finished Sq. Ft.
3,169
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,169
Year built
1950
Style
Single Family Residential
County
Lake County
APN
01B112A040710
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Madison, OH • 44057
Average low and high temperatures (°F)
30
17
36
21
53
34
62
42
66
49
79
61
82
66
77
60
75
56
64
47
51
39
39
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 1.9 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
1.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1875 Perth Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $246,000 and $369,900.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $246K to $370K.