1246 Quebec Rd Cincinnati, OH 45205
East Price Hill NeighborhoodEstimated payment $2,046/month
Highlights
- City View
- No HOA
- Patio
- 0.24 Acre Lot
- Porch
- Central Air
About This Home
Incredible turnkey investment opportunity! Priced to sell and conveniently located minutes from I-75 and only 15 minutes from downtown Cincinnati. This fourplex features four spacious 1-bedroom units, each boasting exceptionally large rooms and comfortable layouts. Enjoy peace of mind with major recent upgrades, including new water heaters and furnaces installed in 2024, and a brand-new gas line installed in 2025. Situated on a prominent corner lot, the property offers dedicated off-street parking spots for tenants. Benefit from a steady income stream from day one with mostly long-term, stable tenants already in place. Management is made easy with separate utilities where tenants pay gas/electric and the owner pays water/sewer. With immediate cash flow and clear value-add potential to increase rents and boost your Cap rate, this asset is a must-have for any serious portfolio! Or occupy one unit and the remaining units will off-set the mortage!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,668
Year Built
- Built in 1890
Lot Details
- 10,585 Sq Ft Lot
Home Design
- Stone Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,269 Sq Ft Home
- 2-Story Property
- Non-Functioning Fireplace
- Vinyl Clad Windows
- City Views
- Basement Fills Entire Space Under The House
Parking
- 3 Open Parking Spaces
- Gravel Driveway
Outdoor Features
- Patio
- Porch
Utilities
- Central Air
- Window Unit Cooling System
- Heating System Uses Gas
- Separate Meters
- Gas Available at Street
- Cable TV Available
Community Details
Building Details
- Insurance Expense $2,576
- Water Sewer Expense $2,400
- Gross Income $39,000
- Net Operating Income $28,115
Additional Features
- No Home Owners Association
- Coin Laundry
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,670 | $68,250 | $7,280 | $60,970 |
| 2024 | $5,584 | $68,250 | $7,280 | $60,970 |
| 2023 | $5,603 | $68,250 | $7,280 | $60,970 |
| 2022 | $2,380 | $25,550 | $7,049 | $18,501 |
| 2021 | $2,318 | $25,550 | $7,049 | $18,501 |
| 2020 | $2,321 | $25,550 | $7,049 | $18,501 |
| 2019 | $1,480 | $14,875 | $6,650 | $8,225 |
| 2018 | $1,480 | $14,875 | $6,650 | $8,225 |
| 2017 | $1,431 | $14,875 | $6,650 | $8,225 |
| 2016 | $1,376 | $14,000 | $6,160 | $7,840 |
| 2015 | $1,267 | $14,000 | $6,160 | $7,840 |
| 2014 | $1,271 | $14,000 | $6,160 | $7,840 |
| 2013 | $3,215 | $36,019 | $7,000 | $29,019 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/21/2026 06/21/26 | For Sale | $285,888 | +46.6% | $126 / Sq Ft | |
| 12/20/2023 12/20/23 | Off Market | $195,000 | -- | -- | |
| 10/12/2022 10/12/22 | Sold | $195,000 | +16.1% | -- | View Prior Sale |
| 08/20/2022 08/20/22 | Pending | -- | -- | -- | |
| 08/19/2022 08/19/22 | For Sale | $168,000 | 0.0% | -- | |
| 08/09/2022 08/09/22 | Pending | -- | -- | -- | |
| 08/05/2022 08/05/22 | For Sale | $168,000 | +130.1% | -- | |
| 04/09/2020 04/09/20 | Off Market | $73,000 | -- | -- | |
| 07/08/2019 07/08/19 | Sold | $73,000 | -26.3% | -- | View Prior Sale |
| 06/19/2019 06/19/19 | Pending | -- | -- | -- | |
| 04/12/2019 04/12/19 | Price Changed | $99,000 | -5.7% | -- | |
| 02/24/2019 02/24/19 | For Sale | $105,000 | 0.0% | -- | |
| 02/11/2019 02/11/19 | Pending | -- | -- | -- | |
| 01/28/2019 01/28/19 | For Sale | $105,000 | +147.1% | -- | |
| 03/27/2017 03/27/17 | Off Market | $42,500 | -- | -- | |
| 12/23/2016 12/23/16 | Sold | $42,500 | -5.3% | -- | View Prior Sale |
| 11/21/2016 11/21/16 | Pending | -- | -- | -- | |
| 11/04/2016 11/04/16 | For Sale | $44,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $195,000 | -- | |
| Warranty Deed | -- | Prodigy Title | |
| Warranty Deed | $73,000 | American Homeland Title | |
| Warranty Deed | $42,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $185,250 | New Conventional | |
| Previous Owner | $92,400 | Commercial | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $8,000 | Future Advance Clause Open End Mortgage |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1883807
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