$540,000
SOLD AUG 18, 2022

1812 Compton Rd Cincinnati, OH 45231

-- Bed
-- Bath
-- Sq Ft
1958 Built

Recently Sold

6% Below List Price

8 Days on Market

About This Home

As of August 2022

The 10 unit multi-family offering consists of an all brick construction building with pitched shingle roof. The roof and gutters were replaced in 2021. There are nine one bedroom units and one two bedroom unit. The tenants pay their own electric. Heat is provided by a gas boiler and owner pays heat, water and trash. The rents are well below market and can easily be increased upon turnovers and lease renewals.

Last Agent to Sell the Property

Jennifer Donathan

Keller Williams Advisors License #2004004706 Listed on: 04/29/2022

Keller Williams Advisors

Last Buyer's Agent

Jacob Meinzer

Keller Williams Distinctive RE License #2019001251

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1958

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Parking

  • 10 Open Parking Spaces
  • Private Parking

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $1,753
  • Maintenance Expense $5,017
  • Water Sewer Expense $7,421
  • Gross Income $69,000
  • Net Operating Income $40,092

Property Details

Home Type

Condominium

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Suburb: Mt. Healthy
  • Cross Street: Hamilton
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Cooling: None
  • Heating: Gas
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Mt. Healthy
  • Annual Assessment Amount: of record
  • Year Built: 1958
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Hamilton Avenue South to right on Compton Road.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 10
  • Property Subtype 1: Apartment
  • StructureType: Garden
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 40092.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 2034
  • Gasand Electric: 2722
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-729-0077
  • Semi Annual Taxes: of record
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Vinyl
  • One Bedroom Rent: 650.00
  • One Bedroom Number of Units: 9
  • Two Bedroom Rent: 725.00
  • Two Bedroom Units: 1

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 575000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 10
  • Parking: Lot, Private

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 7421

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 5017.00

Fee Information

  • Taxes: 9959

Schools

  • District: Mount Healthy City S

Lot Info

  • Lot Dimensions: .211 acres

Multi Family

  • Gross Income: 69000.00
  • Total Buildings: 1
  • Insurance: 1753.00

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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
11/16/2022 11/16/22 Off Market $540,000 -- --
08/18/2022 08/18/22 Sold $540,000 -6.1% --
05/11/2022 05/11/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $575,000 +122.9% --
08/04/2015 08/04/15 Off Market $258,000 -- --
05/01/2015 05/01/15 Sold $258,000 -4.3% --
03/17/2015 03/17/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $269,500 -- --
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: 1737325

MLS of Greater Cincinnati (CincyMLS)