$700,000

2134 Ross Ave Cincinnati, OH 45212

Estimated payment $4,451/month

Total Views 70
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • Coin Laundry

About This Home

Excellent multifamily investment opportunity in Norwood! This professionally managed, fully occupied 8-unit apartment building is located in a high-demand rental market and offers stable in-place income. Most units have been updated with a modern look, appealing to today's renters and supporting strong occupancy. The property features on-site laundry providing additional income, and tenants pay their own gas and electric, helping keep operating expenses low. The building also benefits from a membrane roof that was replaced in 2022, along with various capital improvements over time, including updates to select water heaters and furnaces. Conveniently located near major employers, shopping, dining, and transportation, this well-maintained asset presents a solid opportunity for investors seeking a stabilized property in a desirable Norwood location.

Listing Agent

Shelby Kring

Agora Realty Group License #2021009001 Listed on: 12/31/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,396

Year Built

  • Built in 1955

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Membrane Roofing

Interior Spaces

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

Utilities

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

Community Details

Building Details

  • Insurance Expense $4,000
  • Maintenance Expense $8,448
  • Water Sewer Expense $7,577
  • Gross Income $87,820
  • Net Operating Income $51,342

Additional Features

  • No Home Owners Association
  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,396

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Suburb: Norwood
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 252.00
  • Cooling: None
  • Heating: Forced Air, Gas
  • Lot Area Realist: 5968.00
  • Suburb S I C: Norwood
  • Price Per Acre: 5109489.05
  • Year Built: 1955
  • Separate Gas Elect: Yes
  • Lot Measurement: Acres
  • Status: Active
  • Total Units: 8
  • Property Subtype 1: Apartment
  • Occupancy: Tenant Right
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 51342.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 1285.00
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • Semi Annual Taxes: $4698
  • Waste Removal: 338.00
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Windows: Vinyl
  • One Bedroom Number of Units: 8

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 700000.00
  • Acres: 0.1370
  • 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: 7577.00

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 8448.00

Fee Information

  • Taxes: 9396

Schools

  • District: Norwood City SD

Lot Info

  • Lot Size Sq Ft: 5968.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 87820.00
  • Total Buildings: 1
  • Insurance: 4000.00

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2025 12/31/25 For Sale $700,000 +185.7% --
04/15/2019 04/15/19 Off Market $245,000 -- --
01/10/2019 01/10/19 Sold $245,000 -30.0% -- View Prior Sale
12/13/2018 12/13/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $350,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1864889

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45212

2134 Ross Ave, Cincinnati, OH

For Sale

Condos

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Nearby Homes
Listing Agent
Shelby Kring
Section Image
Agora Realty Group
(513) 613-2559