$157,000

Estimated payment $994/month

Total Views 644
-- Bed
-- Bath
1,222 Sq Ft
$128 Price per Sq Ft

Highlights

  • No HOA
  • Patio
  • Forced Air Heating System
  • Porch
  • 1-Story Property

About This Home

Investors Dream! Brick ranch duplex on a corner lot with low maintenance and strong rental potential. Each unit has a private entrance offering ideal layout for tenants or owner-occupant with income. 2242 Nill Ave & 9 Lutz Ave are both 1 Bed 1 Bath units, featuring cozy, functional layouts with 14x14 living rooms, 8x13 kitchens featuring wood-style cabinets, appliances included, 10x12 bedrooms, full baths, ceiling fans, and laundry rooms with washer/dryers included. Lutz unit is updated with new flooring, bath & kitchen. Gas furnaces new 2024, windows & roof in 2014. Wall A/C in both units. Parking on street for Nill & double driveway serves 9 Lutz currently. Long-term tenants (10+ yrs) with no rent increases since 2016. Tenants pay gas & electric; owner pays water/trash. The tenants maintain yard. Excellent condition, low upkeep, ready for immediate rental income. Privacy, upgrades, and strong cashflow all in one!

Listing Agent

Tina Greene

Irongate Inc. License #2017001832 Listed on: 10/07/2025

Irongate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1964

Lot Details

  • 3,411 Sq Ft Lot
  • Lot Dimensions are 40'x90'

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,222 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Insulated Windows

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Belmont Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,890

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Suburb: Montgomery Co.
  • Cross Street: Lutz Ave.
  • Broker Approved: Yes
  • Cooling: Wall Unit
  • Heating: Forced Air, Gas
  • Lot Area Realist: 3920.00
  • Suburb S I C: Montgomery Co.
  • Price Per Acre: 2005108.56
  • Public Transportn: See RTA schedule
  • Zoning: Residential,Multi Family
  • Year Built: 1964
  • Appliance Include: Range, Refrigerator, washer, dryer, in b
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: Waterveliet to Nill corner lot 2242 Nill Ave. & 9 Lutz
  • Lot Measurement: Acres
  • Status: Active
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • Suburb (SIC): Belmont
  • Occupancy: Tenant Right
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Lease Information: Long term tenants 10+years on both units
  • Other Features: Corner Lot
  • Reciprocal Listing: No
  • Semi Annual Taxes: $945
  • Water Paid: Owner
  • Basement: None
  • Levels: One
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1222.00
  • Windows: Vinyl, Insulated
  • One Bedroom Rent: 1000.00
  • One Bedroom Number of Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Patio, Porch
  • Foundation: Slab
  • Listing Price: 157000.00
  • Acres: 0.0783
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 2.00
  • Parking Spaces: 2
  • Parking: Onstreet, Driveway

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

Fee Information

  • Taxes: 1890

Schools

  • District: Dayton City SD

Lot Info

  • Lot Dimensions: 40'x90'
  • Lot Size Sq Ft: 3411.00

Rental Info

  • Sub Lease: No

Multi Family

  • Total Buildings: 1

Map

Range of Values:

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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
2024 $1,757 $30,040 $6,210 $23,830
2023 $1,757 $30,040 $6,210 $23,830
2022 $1,579 $20,820 $4,310 $16,510
2021 $1,571 $20,820 $4,310 $16,510
2020 $1,567 $20,820 $4,310 $16,510
2019 $1,905 $22,970 $4,780 $18,190
2018 $1,908 $22,970 $4,780 $18,190
2017 $1,894 $22,970 $4,780 $18,190
2016 $1,902 $21,930 $5,080 $16,850
2015 $1,800 $21,930 $5,080 $16,850
2014 $1,800 $21,930 $5,080 $16,850
2012 -- $19,830 $5,730 $14,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 For Sale $157,000 -- $128 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Company Llc
Warranty Deed $73,000 Chicago Title Company Llc
Survivorship Deed $80,000 None Available
Warranty Deed $77,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $64,000 Fannie Mae Freddie Mac
Previous Owner $61,600 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Tina Greene

Irongate Inc.

(326) 204-8100

Section Image

Hi! I’m Tina D. Greene, a Realtor and Military on the Move Specialist with Irongate Realtors, proudly serving both the Dayton and Cincinnati areas. With over a decade of experience in real estate, I’ve built my business around one core belief: your trust is a gift—and I work every day to honor that. I Don’t Believe in 9-to-5 Real Estate. Real estate isn’t a job to me—it’s a commitment. Whether you’re buying or selling, relocating across the country or just across town, I’ll be there—days,

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Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1857922

MLS of Greater Cincinnati (CincyMLS)

APN: R72-14609-0041