$900,000
SOLD JUN 6, 2025

1331 Le Mar Dr Cincinnati, OH 45238

-- Bed
-- Bath
-- Sq Ft
0.58 Acres

Recently Sold

5% Below List Price

25 Days on Market

Highlights

  • 0.58 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Walnut Hills High School Rated A+
  • 9 Car Attached Garage

About This Home

As of June 2025

Excellent investment property located in Covedale. Multi-family has 9 two bedroom units with one full bathroom. In the basement are hook-ups for washer and dryer Each unit has its own garage with off street parking in the rear of the building. Building is 100% occupied. Opportunity to raise the rent on all units to $850.00 Roof was updated in 2021.

Last Agent to Sell the Property

Max Arroyo

Federle, Inc. License #2011001833 Listed on: 03/01/2025

Last Buyer's Agent

Faruk Atmaca

Lou Park Realty License #2024005035

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,758

Year Built

  • Built in 1950

Parking

  • 9 Car Attached Garage
  • 12 Open Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Brick Fireplace
  • Partial Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • No Home Owners Association
  • Gross Income $81,660

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,758

Year Built

Built in 1950

Lot Details

0

Parking

9

Listing Details

  • Suburb: Covedale
  • Broker Approved: Yes
  • Census Tract Realist: 212.02
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Lot Area Realist: 25265.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Covedale
  • Annual Assessment Amount: of record
  • Price Per Acre: 1551724.14
  • Year Built: 1950
  • Appliance Include: 9 stoves 9 refrigerators
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: Go West on Cleves Warsaw Road. Make a right on Le Mar Drive. Property located on the left.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 9
  • Property Subtype 1: Apartment
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • Semi Annual Taxes: $8879
  • Water Paid: Owner
  • Basement: Partial
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: Brick, None
  • Available for Lease: No
  • Windows: Aluminum
  • Two Bedroom Rent: 756.00
  • Two Bedroom Sq Ft: 1018
  • Two Bedroom Units: 9

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Foundation: Poured
  • Listing Price: 950000.00
  • Acres: 0.5800
  • New Construction: No

Garage/Parking

  • Garage: Attached
  • Garage Spaces: 9.00
  • Parking Spaces: 12
  • Parking: Off Street, Onstreet, Garage

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes

Condo/Co-op/Association

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

Fee Information

  • Taxes: 17759

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 200 X 120
  • Lot Size Sq Ft: 25265.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 81660.00
  • Total Buildings: 1

Range of Values:

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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 Change Sq Ft Price
06/06/2025 06/06/25 Sold $900,000 -5.3% --
03/26/2025 03/26/25 Pending -- -- --
03/10/2025 03/10/25 Off Market $950,000 -- --
03/01/2025 03/01/25 For Sale $950,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1832293

MLS of Greater Cincinnati (CincyMLS)