NOT LISTED FOR SALE

1914 Waverly Ave Cincinnati, OH 45212

Norwood Area
-- Bed
-- Bath
2,264 Sq Ft
5,401 Sq Ft Lot

Sale Details

Date Sold: October 28, 2021

Last sale price $299,000 $132 Per Sq Ft

10 Days on Market

Highlights

  • Deck
  • Porch
  • Central Air
  • 2 Car Detached Garage
  • Patio
  • Wood Fence

About This Home

As of October 2021

Rare Opportunity to own this fully updated, Turn Key, successful Xavier University Student Duplex Rental. Two [2] 2BA|1BR Units. Meticulously maintained with all major capital expenditure already taken care of. Fresh new exterior paint, Roofs (2017), (2) HVAC Systems (2016), Water Heaters (2016), Basement Laundry, Currently vacant and ready for next school year to rent at $1,300 per Unit! 7.38% Cap Rate on Pro Forma & 15.35% Cash-on-Cash Return (YR 1).

Last Agent to Sell the Property

Brian Coyle

3CRE Commercial Real Estate License #2018002440 Listed on: 09/20/2021

Last Buyer's Agent

James Mike Martin

RE/MAX Victory + Affiliates License #2003007029

RE/MAX Victory + Affiliates
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 5,401 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Membrane Roofing

Interior Spaces

  • 2,264 Sq Ft Home
  • 3-Story Property
  • Non-Functioning Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $559
  • Maintenance Expense $1,600
  • Water Sewer Expense $1,503
  • Gross Income $31,200
  • Net Operating Income $22,070

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

5,401 Sq Ft Lot

Parking

2

Listing Details

  • Suburb: Norwood
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Cooling: Central Air
  • Heating: Gas
  • Suburb S I C: Norwood
  • Price Per Acre: 2411290.32
  • Year Built: 1905
  • Appliance Include: Stove, Refrigerator
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Get on I-71 N, Follow I-71 N to Duck Creek Rd. Take exit 5 from I-71 N, Take US-22 E/Montgomery Rd to Waverly Ave in Norwood.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Duplex
  • Occupancy: At Closing
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 22070.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Vacancy: 1560
  • Gasand Electric: 974
  • Heat Paid: Tenant
  • Lease Information: Rent Per Bedroom
  • Reciprocal Listing: No
  • School Name1: Call SD 513-396-5520
  • Semi Annual Taxes: OF RECORD
  • Water Paid: Owner
  • Basement: Full
  • Fireplaces: 2
  • Levels: Three
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Bldg Sq Ft (Realist): 2264.00
  • Windows: Insulated, Vinyl
  • Two Bedroom Rent: 1300.00
  • Two Bedroom Sq Ft: 1137
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle, Membrane
  • Construction: Brick
  • Outside Features: Patio, Deck, Porch, Wood Fence
  • Foundation: Block
  • Listing Price: 299000.00
  • Acres: 0.1240
  • New Construction: No

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 2.00
  • Parking Spaces: 2
  • Parking: Garage, Onstreet, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1503

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1600.00

Fee Information

  • Taxes: 2935

Schools

  • District: Norwood City SD

Lot Info

  • Lot Dimensions: Of Record
  • Lot Size Sq Ft: 5401.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 31200.00
  • Total Buildings: 1
  • Insurance: 559.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 4, 2021
Sold by
Bought by
Seller's Agent
Brian Coyle
3CRE Commercial Real Estate
Buyer's Agent
James Mike Martin
RE/MAX Victory + Affiliates
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Outstanding Balance
$201,185
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 28, 2021
Sold by
Bought by
Seller's Agent
Brian Coyle
3CRE Commercial Real Estate
Buyer's Agent
James Mike Martin
RE/MAX Victory + Affiliates
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Outstanding Balance
$201,185
Interest Rate
2.88%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$299,000 --
$299,000 None Available
Source: Public Records

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 Borrower Loan Amount
Open $224,250
Source: Public Records

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
01/27/2022 01/27/22 Off Market $299,000 -- --
10/28/2021 10/28/21 Sold $299,000 0.0% $132 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $299,000 -- $132 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

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 $5,567 $104,651 $10,266 $94,385
2024 $5,569 $104,651 $10,266 $94,385
2023 $5,600 $104,651 $10,266 $94,385
2022 $3,025 $47,562 $6,895 $40,667
2021 $3,001 $47,562 $6,895 $40,667
2020 $2,935 $47,562 $6,895 $40,667
2019 $2,796 $41,720 $6,048 $35,672
2018 $2,798 $41,720 $6,048 $35,672
2017 $2,675 $41,720 $6,048 $35,672
2016 $2,895 $43,110 $7,077 $36,033
2015 $2,559 $43,110 $7,077 $36,033
2014 $2,548 $43,110 $7,077 $36,033
2013 $2,155 $36,845 $6,048 $30,797
Source: Public Records

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1716302

MLS of Greater Cincinnati (CincyMLS)

APN: 651-0053-0090-00

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