1226 Rutledge Ave Cincinnati, OH 45205
West Price Hill NeighborhoodEstimated payment $7,196/month
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
3CRE Residential Advisors, LLC License #2021003683 Listed on: 05/08/2025
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
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 | $12,275 | $147,784 | $23,660 | $124,124 |
| 2024 | $12,193 | $147,784 | $23,660 | $124,124 |
| 2023 | $12,162 | $147,784 | $23,660 | $124,124 |
| 2022 | $8,473 | $93,191 | $22,911 | $70,280 |
| 2021 | $8,316 | $93,191 | $22,911 | $70,280 |
| 2020 | $8,325 | $93,191 | $22,911 | $70,280 |
| 2019 | $8,503 | $87,914 | $21,613 | $66,301 |
| 2018 | $8,507 | $87,914 | $21,613 | $66,301 |
| 2017 | $8,238 | $87,914 | $21,613 | $66,301 |
| 2016 | $7,736 | $80,875 | $20,020 | $60,855 |
| 2015 | $7,108 | $80,875 | $20,020 | $60,855 |
| 2014 | $7,132 | $80,875 | $20,020 | $60,855 |
| 2013 | $8,124 | $91,903 | $22,750 | $69,153 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2026 02/18/26 | Pending | -- | -- | -- |
| 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)
MLS Number: 1840112
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