$1,175,000

1226 Rutledge Ave Cincinnati, OH 45205

West Price Hill Neighborhood

Estimated payment $7,221/month

Total Views 6,109
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

This well-maintained property consists of 13 units, featuring one, one-bedroom and twelve, two-bedroom units. Each tenant also has their own separate storage. The property is situated in the West Price Hill neighborhood of Cincinnati, a residential area known for its affordability, community feel, and proximity to downtown. Just four miles from the city center, the location offers convenient access to major roadways, public transportation, and everyday amenities. Residents benefit from nearby retail centers like Glenway Crossing, as well as outdoor recreation at Rapid Run Park and Mount Echo Park. The area has a strong rental base, with consistent demand for affordable and Section 8 housing. This neighborhood combines accessibility, stability, and growth potentialmaking it an ideal setting for long-term multifamily investment. 65% of rents guaranteed!

Listing Agent

Tryfon Christoforou

3CRE Residential Advisors, LLC License #2021003683 Listed on: 05/08/2025

3CRE Residential Advisors, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,192

Year Built

  • Built in 1925

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Membrane Roofing

Interior Spaces

  • 3-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Parking

  • 20 Open Parking Spaces
  • Private Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Separate Meters

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $10,793
  • Maintenance Expense $14,774
  • Other Expense $14,128
  • Water Sewer Expense $15,075
  • Gross Income $194,304
  • Net Operating Income $85,495

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,192

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Suburb: Price Hill
  • Broker Approved: Yes
  • Cooling: Window Unit
  • Heating: Radiant
  • Suburb S I C: Price Hill
  • Price Per Acre: 3916666.67
  • Year Built: 1925
  • Appliance Include: Oven, Stove, refrigerator
  • Separate Air Condi: No
  • Separate Gas Elect: Yes
  • Separate Air Cond: No
  • Lot Measurement: Acres
  • Status: Active
  • Total Units: 13
  • Property Subtype 1: Apartment
  • Occupancy: Tenant Right
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 85495.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 9625.00
  • Gasand Electric: 28148.00
  • Heat Paid: Owner
  • Lease Information: Year Leases, MTM Leases
  • Reciprocal Listing: No
  • Semi Annual Taxes: $6096
  • Waste Removal: 4073.00
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Windows: Vinyl
  • One Bedroom Rent: 1084.00
  • One Bedroom Sq Ft: 759
  • One Bedroom Number of Units: 1
  • Two Bedroom Rent: 1246.50
  • Two Bedroom Sq Ft: 746
  • Two Bedroom Units: 12

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 1175000.00
  • Acres: 0.3000
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 20
  • Parking: Asphalt, Off Street, Private

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: At Street
  • Separate Gas/Elec: Yes
  • Water and Sewer: 15075.00

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 14774.00

Fee Information

  • Taxes: 12193

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Size Sq Ft: 13068.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 194304.00
  • Other Expense: 14128.00
  • Total Buildings: 1
  • Insurance: 10793.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $1,175,000 0.0% --
10/18/2025 10/18/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $1,175,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1840112

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45205 West Price Hill

1226 Rutledge Ave, Cincinnati, OH

For Sale

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Tryfon Christoforou
Listing Agent
Tryfon Christoforou
Section Image
3CRE Residential Advisors, LLC
(513) 995-7025