$495,000
PENDING $5K PRICE DROP

Estimated payment $3,064/month

Total Views 6,455
4 Beds
3 Baths
3,328 Sq Ft
$149 Price per Sq Ft

Highlights

  • Skyline View
  • Open Floorplan
  • Property is near public transit
  • 0.23 Acre Lot
  • Deck
  • 3 Fireplaces

About This Home

Turnkey, Fully Rented 3 Family with Cincinnati Skyline Views and easy access to Mainstrasse and Cincinnati. All units have Stainless Steel Appliances and Washer/Dryer. Two private Parking Lots with room for up to ten cars. Upper Parking Lot allows for No Step entry to 3rd floor unit.Lower Parking Lot has direct access to apartments 1 and 2. Former owner is an architect, he kept most of the historic charm while adding a contemporary look.Property has been maintained regularly and updated as new tenants came on board. All current tenants are professionals who enjoy the easy access to work and play.

Listing Agent

Jim Ciuccio

Comey & Shepherd REALTORS License #252456

Comey & Shepherd REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,682

Year Built

  • Built in 1880

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 50 x 200

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,328 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Chandelier
  • 3 Fireplaces
  • Non-Functioning Fireplace
  • Free Standing Fireplace
  • Marble Fireplace
  • Gas Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • Wood Frame Window
  • Storage
  • Stacked Washer and Dryer
  • Skyline Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 9 Parking Spaces
  • No Garage
  • Private Parking
  • Driveway
  • Parking Lot

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • First District Elementary School
  • Holmes Middle School
  • Holmes Senior High School

Utilities

  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • 220 Volts
  • High Speed Internet

Additional Features

  • Efficiency Studio Dwelling Unit
  • Property is near public transit

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 041-33-01-008.01

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $4,548
  • Maintenance Expense $1,200
  • Other Expense $862
  • Water Sewer Expense $1,436
  • New Taxes Expense $4,303
  • Gross Income $48,600
  • Net Operating Income $36,251

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,682

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Cooling: Window Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.23
  • Year Built: 1880
  • Lot Size: 50 X 200
  • Directions: W Pike Street past Herb and Thelma's to 1115 W Pike on the right.
  • New Construction: No
  • Structure Type: Triplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: First District Elementary
  • Location Tax Legal Info:Middle or Junior School: Holmes Middle School
  • Location Tax Legal Info:High School: Holmes Senior High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: 50 X 200
  • General Property Description:Approx SqFt2: 2800.0
  • Appliances Microwave: Yes
  • Parking Features Parking Total: 9
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Electric Company: Duke Energy
  • Utilities Gas Company: Duke Energy
  • Water Company: NKY Water District
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.2296
  • General Property Description:Living Area: 3328.0
  • General Property Description:Lot Size Square Feet: 10000.0
  • Miscellaneous Home Warranty: No
  • Security Features:Smoke Detector(s): Yes
  • Location Tax Legal Info:Tax ID: 041-33-01-008.01
  • Appliances Refrigerators: Yes
  • General Property Description:Fireplaces Total: 3
  • Foundation:Stone3: Yes
  • Laundry Features:In Basement: Yes
  • View:City3: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Air Condition: Yes
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 3
  • Roof:Membrane: Yes
  • View:Skyline: Yes
  • Levels:Three Or More2: Yes
  • Structure Type:Triplex: Yes
  • Unit Info:Efficiency Units: 1
  • Unit Type:Efficiency: Yes
  • Financial Info:Maintenance Expense: 1200.0
  • Financial Info Net Operating Income: 36251.0
  • Financial Info:New Taxes Expense: 4303.0
  • Financial Info:Other Expense: 862.0
  • Financial Info:Water Sewer Expense: 1436.0
  • Electric:Circuit Breakers: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Storage, Stone Counters, Open Floorplan, Laminate Counters, Kitchen Island, High Speed Internet, Eat-in Kitchen, Chandelier, Built-in Features, Breakfast Bar
  • Basement: Partial
  • Heating: Natural Gas, Forced Air
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas
  • Number Of Buildings: 1
  • Appliances: Washer/Dryer Stacked, Electric Range, Stainless Steel Appliance(s), Gas Range, Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: See Remarks, Free Standing, Gas, Inoperable, Marble
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 3328.0
  • Window Features: Insulated Windows, Double Hung, Vinyl Clad Window(s), Wood Frames
  • Appliances Dishwasher: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Built-in Features2: Yes
  • Interior Features:Kitchen Island2: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Fireplace Features:Inoperable: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Fireplace Features:Gas: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Breakfast Bar2: Yes
  • Interior Features:Chandelier2: Yes
  • Interior Features:Stone Counters: Yes
  • Basement:Partial: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Storage11: Yes
  • Fireplace Features:Free Standing: Yes
  • Fireplace Features:Marble: Yes
  • Fireplace Features:See Remarks41: Yes

Exterior Features

  • View: City, Skyline
  • Roof: Membrane, Shingle
  • Lot Features: Near Public Transit
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding, Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Patio
  • Construction Materials:Brick2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Window(s): Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio: Yes
  • Window Features:Double Hung: Yes
  • Window Features:Vinyl Clad Window(s): Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Private, Driveway, No Garage, Oversized
  • Total Parking Spaces: 9.0
  • Parking Features:Driveway: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Private: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Basement, In Unit
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: 220 Volts, Circuit Breakers
  • Utilities: Natural Gas Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 1436.0

Schools

  • Elementary School: First District Elementary
  • Junior High Dist: Covington Indep
  • High School: Holmes Senior High
  • Middle Or Junior School: Holmes Middle School

Lot Info

  • Lot Size Sq Ft: 10000.0
  • Zoning Description: Residential, Multi Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 48600.0
  • Net Operating Income: 36251.0
  • Other Expense: 862.0
  • Number Of Units Total: 3
  • Insurance Expense: 4548.0
  • Maintenance Expense: 1200.0

Tax Info

  • New Taxes Expense: 4303.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $3,682 $280,000 $10,000 $270,000
2023 $3,730 $280,000 $10,000 $270,000
2022 $3,700 $280,000 $10,000 $270,000
2021 $4,261 $280,000 $5,000 $275,000
2020 $4,239 $280,000 $5,000 $275,000
2019 $4,288 $280,000 $5,000 $275,000
2018 $4,378 $280,000 $5,000 $275,000
2017 $4,443 $280,000 $20,000 $260,000
2015 $4,482 $225,000 $20,000 $205,000
2014 $4,285 $225,000 $20,000 $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Pending -- -- --
04/21/2025 04/21/25 Price Changed $495,000 -1.0% $149 / Sq Ft
04/19/2025 04/19/25 For Sale $500,000 0.0% $150 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $500,000 -- $150 / Sq Ft
Source: Northern Kentucky Multiple Listing Service

Deed History

Date Type Sale Price Title Company
Warranty Deed $280,000 Prominent Title Agency Llc
Warranty Deed $225,000 Lawyers Title Cincinnati Inc
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,000 Construction
Open $274,928 FHA
Previous Owner $215,713 FHA
Previous Owner $216,218 FHA
Previous Owner $35,000 Credit Line Revolving
Previous Owner $128,500 Unknown
Source: Public Records

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Source: Northern Kentucky Multiple Listing Service

MLS Number: 631297

Northern Kentucky Multiple Listing Service

APN: 041-33-01-008.01