$400,000

Estimated payment $2,344/month

Total Views 759
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Wood Frame Window
  • Forced Air Heating and Cooling System
  • Walnut Hills High School Rated A+
  • Detached Garage
  • 2-minute walk to Lick Run Greenway and South Fairmount Playground

About This Home

Well-built brick 3 unit multi family building in a convenient location close to the highway, shops, restaurants & more. 1 2 bedroom unit, 1 5 bedrooms unit & 1 can be a 3rd unit inside detached garage). Tenants are responsible for their own gas and electric utilities, while the landlord covers water. Unit 1 is fully electric with its own electric water heater, and Unit 2 utilizes both gas and electric. The second unit is currently leased at $1,549 per month. The property has seen approximately $87,000 in improvements since purchase, offering a solid investment opportunity with strong functionality and upside potential.

Listing Agent

Oscar Asesyan

Coldwell Banker Realty License #2015000892 Listed on: 02/03/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1895

Lot Details

  • 5,706 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Non-Functioning Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • 3 Open Parking Spaces

Utilities

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

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $100
  • Net Operating Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,390

Year Built

Built in 1895

Lot Details

5,706 Sq Ft Lot

Listing Details

  • Suburb: Fairmount
  • Broker Approved: Yes
  • Census Tract Realist: 272.00
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Gas
  • Lot Area Realist: 5706.00
  • Suburb S I C: Fairmount
  • Zoning: Multi Family
  • Year Built: 1895
  • Appliance Include: Yes inside units
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: From Downtown Cincinnati, take US-50 W / River Rd, turn right onto State Ave, then left onto Queen City Ave. Property will be on the right.
  • Lot Measurement: Acres
  • Status: Active
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • Occupancy: At Closing
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 47400.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 100.00
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • Semi Annual Taxes: $1695
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Available for Lease: No
  • Windows: Wood, Insulated
  • Two Bedroom Units: 1
  • Three+ Bedroom Rent: 1549.00

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 400000.00
  • Acres: 0.1310
  • New Construction: No

Garage/Parking

  • Garage: Detached
  • Parking Spaces: 3
  • Parking: Concrete

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
  • Maintenance: 100.00

Fee Information

  • Taxes: 3390

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Size Sq Ft: 5706.00

Rental Info

  • Sub Lease: No

Multi Family

  • Total Buildings: 1
  • Insurance: 1500.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $3,321 $39,253 $5,800 $33,453
2024 $3,299 $39,253 $5,800 $33,453
2023 $3,291 $39,253 $5,800 $33,453
2022 $1,654 $17,500 $6,146 $11,354
2021 $1,604 $17,500 $6,146 $11,354
2020 $1,606 $17,500 $6,146 $11,354
2019 $3,424 $35,004 $5,800 $29,204
2018 $3,425 $35,004 $5,800 $29,204
2017 $43 $35,004 $5,800 $29,204
2016 $43 $27,465 $6,062 $21,403
2015 $43 $27,465 $6,062 $21,403
2014 $43 $27,465 $6,062 $21,403
2013 $41 $27,465 $6,062 $21,403
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2026 02/03/26 For Sale $400,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 None Listed On Document
Warranty Deed $200,000 None Listed On Document
Warranty Deed $50,000 Springdale Title Llc
Warranty Deed $1,500,000 Attorney
Executors Deed -- Attorney
Interfamily Deed Transfer -- --
Source: Public Records

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1867813

MLS of Greater Cincinnati (CincyMLS)

APN: 203-0029-0135

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