$2,359,000
PENDING

Estimated payment $13,617/month

Total Views 13,770
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

consists of 20 units, featuring a mix of studios, one- bedroom, two-bedroom, and three-bedroom units. There is an opportunity to acquire a neighboring property as well at 1801 Lang Street (Six-Unit Fully Renovated Complex). Fully occupied with stable, long-term tenants, the property generates strong cash flow. Located in the highly sought-after Over-the-Rhine neighborhood, this asset presents an excellent investment opportunity with solid rental demand and value-added opportunity. Fully rehabbed units . Tenants are responsible for heat, electric, and water reimbursement.

Listing Agent

Tryfon Christoforou

3CRE Residential Advisors, LLC License #2021003683 Listed on: 03/10/2025

3CRE Residential Advisors, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,902

Year Built

  • Built in 1870

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • Vinyl Clad Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Separate Meters

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $12,000
  • Maintenance Expense $17,904
  • Other Expense $27,504
  • Water Sewer Expense $10,000
  • Gross Income $268,596
  • Net Operating Income $169,417

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,902

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Suburb: City
  • Broker Approved: Yes
  • Cooling: Wall Unit
  • Heating: Electric
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: City
  • Annual Assessment Amount: of record
  • Year Built: 1870
  • Appliance Include: Stover, Refrigerator, Oven, Washer,Dryer
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Lot Measurement: Acres
  • Status: Pending
  • Total Units: 20
  • Property Subtype 1: Apartment
  • Occupancy: Tenant Right
  • Other Expense1: 27504.00
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 169417.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Vacancy: 12830.00
  • Efficiency Sq Ft: 413
  • Gasand Electric: 1200.00
  • Heat Paid: Tenant
  • Lease Information: Active Leases
  • Reciprocal Listing: No
  • Semi Annual Taxes: $6951
  • Waste Removal: 3840.00
  • Water Paid: Tenant
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Windows: Vinyl, Insulated
  • One Bedroom Rent: 1054.00
  • One Bedroom Sq Ft: 678
  • One Bedroom Number of Units: 11
  • Two Bedroom Rent: 1100.00
  • Two Bedroom Sq Ft: 700
  • Two Bedroom Units: 1
  • Three+ Bedroom Rent: 1899.00
  • Three+ Bedroom Sq Ft: 1100
  • Three+ Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Stone
  • Listing Price: 2359000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes
  • Water and Sewer: 10000.00

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 17904.00

Fee Information

  • Taxes: 13902

Schools

  • District: Cincinnati City SD

Rental Info

  • Sub Lease: No

Multi Family

  • Efficiency Rent: 829.00
  • Efficiency Units: 6
  • Gross Income: 268596.00
  • Other Expense: 27504.00
  • Total Buildings: 2
  • Insurance: 12000.00

Map

Range of Values:

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Average Value
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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 $696 $10,973 $88 $10,885
2023 $544 $8,555 $88 $8,467
2022 $0 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $999 -13.1% $2 / Sq Ft
07/26/2025 07/26/25 Price Changed $1,150 0.0% $3 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
06/03/2025 06/03/25 Price Changed $899 -17.9% $2 / Sq Ft
04/14/2025 04/14/25 Price Changed $1,095 +4.3% $2 / Sq Ft
04/04/2025 04/04/25 For Rent $1,050 0.0% --
03/10/2025 03/10/25 For Sale $2,359,000 0.0% --
12/04/2024 12/04/24 Off Market $1,050 -- --
09/27/2024 09/27/24 Price Changed $1,050 -4.5% $2 / Sq Ft
09/19/2024 09/19/24 Price Changed $1,099 +37.5% $2 / Sq Ft
08/06/2024 08/06/24 Price Changed $799 -11.1% $2 / Sq Ft
05/16/2024 05/16/24 Price Changed $899 -10.0% $2 / Sq Ft
05/14/2024 05/14/24 For Rent $999 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1833132

MLS of Greater Cincinnati (CincyMLS)

APN: 094-0005-0438