$339,000
SOLD JUN 21, 2013

2316 Indian Mound Ave Cincinnati, OH 45212

-- Bed
-- Bath
1,888 Sq Ft
1959 Built

Recently Sold

$180 Per Sq Ft

3% Below List Price

25 Days on Market

About This Home

As of June 2013

Cash Flow!! over $100/door/month. Excellent opportunity on one of Norwood's best streets; to own 13 units with longer term tenants and great income. new roof on both buildings

Last Agent to Sell the Property

Jennifer Murtland

eXp Realty License #2010001633 Listed on: 04/11/2013

eXp Realty

Co-Listed By

Anne Cavellier

Keller Williams Advisors License #2007001124

Last Buyer's Agent

Cody Hartje

Keller Williams Pinnacle Group License #2012002960

Keller Williams Pinnacle Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Parking

  • 13 Car Detached Garage
  • 13 Open Parking Spaces
  • Rear-Facing Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,888 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $4,704
  • Maintenance Expense $6,672
  • Other Expense $8,448
  • Water Sewer Expense $8,700
  • Gross Income $85,200
  • Net Operating Income $20,160

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0

Parking

13

Listing Details

  • Suburb: Norwood
  • Cross Street: Montgomery
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Tax Rate: of record
  • Basement Sq Ft: 944
  • Census Tract Realist: 253.00
  • Cooling: Window Unit, Wall Unit
  • Heating: Gas
  • Lot Area Realist: 9191.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Norwood
  • Annual Assessment Amount: of record
  • Year Built: 1959
  • Appliance Include: fridges, stoves, window units
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Montgomery to Indian Mound Road
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 13
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Second Floor Area: 944
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 20160.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 5712
  • Gasand Electric: 7200
  • Heat Paid: Owner
  • Lease Information: varied
  • Other Tax Parcel I D: 651-0011-0049-00
  • Reciprocal Listing: No
  • School Name1: Call SD 513-396-5520
  • Semi Annual Taxes: of record
  • Waste Removal: 720
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 1888.00
  • Street Number Modifier: 2316
  • Windows: Aluminum
  • One Bedroom Rent: 500.00
  • One Bedroom Sq Ft: 650
  • One Bedroom Number of Units: 10
  • Two Bedroom Rent: 650.00
  • Two Bedroom Sq Ft: 900
  • Two Bedroom Units: 3

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 350000.00
  • New Construction: No

Garage/Parking

  • Garage: Detached, Rear
  • Garage Spaces: 13.00
  • Parking Spaces: 13
  • Parking: Lot

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 8700

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 6672.00

Fee Information

  • Taxes: 8484

Schools

  • District: Norwood City SD

Lot Info

  • Lot Dimensions: 113.75*175.01

Multi Family

  • Gross Income: 85200.00
  • Other Expense: 8448
  • Total Buildings: 2
  • Insurance: 4704.00

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Range of Values:

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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
11/15/2021 11/15/21 Off Market $700 -- --
08/16/2021 08/16/21 Rented -- -- --
08/16/2021 08/16/21 Rented $700 0.0% --
08/03/2021 08/03/21 Under Contract -- -- --
07/29/2021 07/29/21 For Rent $700 -3.4% --
04/04/2021 04/04/21 Off Market $725 -- --
01/04/2021 01/04/21 Rented $725 0.0% --
01/02/2021 01/02/21 Under Contract -- -- --
12/08/2020 12/08/20 Price Changed $725 -3.3% --
11/16/2020 11/16/20 Off Market $750 -- --
11/03/2020 11/03/20 For Rent $750 0.0% --
08/14/2020 08/14/20 Rented $750 +11.1% --
07/31/2020 07/31/20 Under Contract -- -- --
07/20/2020 07/20/20 Off Market $675 -- --
07/14/2020 07/14/20 Price Changed $750 -3.2% --
06/16/2020 06/16/20 For Rent $775 +14.8% --
04/21/2020 04/21/20 Rented $675 0.0% --
04/07/2020 04/07/20 Price Changed $675 -3.6% --
02/13/2020 02/13/20 For Rent $700 0.0% --
09/29/2013 09/29/13 Off Market $339,000 -- --
06/21/2013 06/21/13 Sold $339,000 -3.1% $180 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $350,000 -- $185 / Sq Ft
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: 1352519

MLS of Greater Cincinnati (CincyMLS)