1029 Dana Ave Cincinnati, OH 45229
North Avondale NeighborhoodEstimated payment $3,911/month
Highlights
- No HOA
- Balcony
- Storage
- Walnut Hills High School Rated A+
- Attached Garage
- Forced Air Heating System
About This Home
Well-maintained solid brick five-unit (all 3/bed-1/bath) multifamily property with a strong rental history and significant upside potential. Currently operating at 80% occupancy with one vacant unit that is turn-key ready, presenting a substantial opportunity for increased rental revenue and strong return at full occupancy. Property features efficient and well-designed floor plans, beautiful hardwood floors throughout, on-site laundry, and off-street parking including attached carport spaces. Centrally located in desirable North Avondale, minutes from Cincinnati's major medical corridor, steps from Xavier University, with easy access to all major interstates, downtown Cincinnati, and situated on the bus line. Same ownership as 1025 Dana Ave., offering potential for portfolio acquisition and streamlined management.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,890
Year Built
- Built in 1913
Home Design
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Membrane Roofing
Interior Spaces
- 3-Story Property
- Vinyl Clad Windows
- Storage
- Basement Fills Entire Space Under The House
Parking
- Attached Garage
- 4 Open Parking Spaces
- Carport
- Rear-Facing Garage
- Off-Street Parking
Outdoor Features
- Balcony
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- Separate Meters
Community Details
Building Details
- Insurance Expense $3,600
- Maintenance Expense $3,500
- Water Sewer Expense $2,333
- Gross Income $87,600
- Net Operating Income $29,948
Additional Features
- No Home Owners Association
- Coin Laundry
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $6,890 | $82,954 | $9,100 | $73,854 |
| 2024 | $6,844 | $82,954 | $9,100 | $73,854 |
| 2023 | $6,827 | $82,954 | $9,100 | $73,854 |
| 2022 | $4,367 | $48,003 | $8,586 | $39,417 |
| 2021 | $4,285 | $48,003 | $8,586 | $39,417 |
| 2020 | $4,290 | $48,003 | $8,586 | $39,417 |
| 2019 | $4,261 | $44,037 | $7,875 | $36,162 |
| 2018 | $4,251 | $44,037 | $7,875 | $36,162 |
| 2017 | $4,117 | $44,037 | $7,875 | $36,162 |
| 2016 | $5,587 | $58,563 | $7,403 | $51,160 |
| 2015 | $5,132 | $58,563 | $7,403 | $51,160 |
| 2014 | $5,150 | $58,563 | $7,403 | $51,160 |
| 2013 | $5,495 | $62,300 | $7,875 | $54,425 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $625,000 | +40.4% | -- | |
| 02/12/2015 02/12/15 | Off Market | $445,000 | -- | -- | |
| 11/10/2014 11/10/14 | Sold | $445,000 | -10.1% | -- | View Prior Sale |
| 08/26/2014 08/26/14 | Pending | -- | -- | -- | |
| 07/11/2014 07/11/14 | For Sale | $495,000 | -- | -- |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1868414
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