161 E McMicken Ave Cincinnati, OH 45202
Over-The-Rhine NeighborhoodEstimated payment $5,189/month
Highlights
- No HOA
- Forced Air Heating and Cooling System
- 3-minute walk to Grant Recreation Area
- Walnut Hills High School Rated A+
About This Home
Turnkey 6-unit multifamily in Cincinnati's Over-the-Rhine with City tax abatement through 2032 (taxes just $1,679/yr). Mix of 3 one-bedroom and 3 studio units. Each unit features separate HVAC, in-unit laundry, and recently renovated. Updated plumbing, electrical, modern interiors, zero deferred maintenance. Hardwired internet system charged back to tenants, security cameras, and ample nearby public parking. Offered at 7.2% cap rate on $8,205/mo current rents. Value-add upside through rent growth as abatement matures and OTR submarket continues to strengthen.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,672
Year Built
- Built in 1885
Home Design
- Brick Exterior Construction
- Stone Foundation
- Membrane Roofing
Interior Spaces
- 3-Story Property
- Vinyl Clad Windows
- Basement Fills Entire Space Under The House
Parking
- Public Parking
- On-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Not Available
Community Details
- No Home Owners Association
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 | $1,672 | $105,263 | $10,196 | $95,067 |
| 2024 | $1,661 | $105,263 | $10,196 | $95,067 |
| 2023 | $1,657 | $105,263 | $10,196 | $95,067 |
| 2022 | $7,872 | $86,853 | $4,550 | $82,303 |
| 2021 | $1,173 | $13,125 | $4,550 | $8,575 |
| 2020 | $1,174 | $13,125 | $4,550 | $8,575 |
| 2019 | $1,017 | $10,500 | $3,640 | $6,860 |
| 2018 | $1,018 | $10,500 | $3,640 | $6,860 |
| 2017 | $985 | $10,500 | $3,640 | $6,860 |
| 2016 | $402 | $4,169 | $3,171 | $998 |
| 2015 | $369 | $4,169 | $3,171 | $998 |
| 2014 | $371 | $4,169 | $3,171 | $998 |
| 2013 | $379 | $4,253 | $3,234 | $1,019 |
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 |
|---|---|---|---|---|---|
| 04/21/2026 04/21/26 | Pending | -- | -- | -- | |
| 04/08/2026 04/08/26 | For Sale | $935,000 | +16.9% | -- | |
| 03/10/2025 03/10/25 | Off Market | $800,000 | -- | -- | |
| 02/27/2025 02/27/25 | Sold | $800,000 | -10.6% | -- | View Prior Sale |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- | |
| 11/08/2024 11/08/24 | For Sale | $895,000 | -- | -- |
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 |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Fiduciary Deed | -- | None Available | |
| Warranty Deed | $30,000 | -- | |
| Limited Warranty Deed | -- | Attorney | |
| Warranty Deed | $15,500 | None Available | |
| Warranty Deed | -- | -- |
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 |
|---|---|---|---|
| Closed | $688,000 | New Conventional | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $592,500 | New Conventional | |
| Closed | $520,000 | Commercial |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1873809
APN: 094-0007-0184
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