NOT LISTED FOR SALE
1 Bed
1 Bath
4,312 Sq Ft
0.29 Acres

Last Sold February 10, 2021

Last sale price $360,000 $83 Per Sq Ft

9 Days on Market

Highlights

  • 0.29 Acre Lot
  • 3 Car Detached Garage
  • Heating System Uses Gas
  • Walnut Hills High School Rated A+
  • Central Air

About This Home

As of February 2021

Kemper Lane Apartments - A TriPlex located in the heart of Walnut Hills. This property is currently 100% occupied with three [3] units comprised of a 2BR | 2BA, 2BR | 1BA, and a 1BR | 1BA. The Tenants pay their own heat and electric while the landlord is responsible for water. The units contain updated units, kitchens, exposed brick, stainless steel appliances, and laundry in the units. This property has off street parking for all the tenants. Updated Cash Flowing Property in East Walnut Hills!

Last Agent to Sell the Property

Tryfon Christoforou

3CRE Residential Advisors, LLC License #2021003683 Listed on: 01/15/2021

3CRE Residential Advisors, LLC

Co-Listed By

Brian Coyle

3CRE Commercial Real Estate License #2018002440

Last Buyer's Agent

Roxanne Qualls

Sibcy Cline, Inc. License #2009004524

Sibcy Cline, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 0.29 Acre Lot

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway
  • Parking Lot
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 4,312 Sq Ft Home
  • 3-Story Property
  • Non-Functioning Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Partial Basement

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $1,120
  • Maintenance Expense $3,013
  • Water Sewer Expense $2,174
  • Gross Income $37,140
  • Net Operating Income $19,698

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

3

Listing Details

  • Suburb: Walnut Hills
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Cooling: Central Air
  • Heating: Gas, Electric
  • Suburb S I C: Walnut Hills
  • Price Per Acre: 1258741.26
  • Year Built: 1937
  • Appliance Include: Refrigerator, Stove, Microwave
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Take Exit 1B and Columbia Pkwy to Kemper Lane. Drive to Kemper Lane.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Triplex
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 19698.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Vacancy: 1857
  • Gasand Electric: 1128
  • Heat Paid: Tenant
  • Lease Information: 2 Tenants MTM, 1 Tenant Yearly Lease
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: Of Record
  • Water Paid: Owner
  • Basement: Partial
  • Fireplaces: 3
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Bldg Sq Ft (Realist): 4312.00
  • Windows: Insulated, Vinyl
  • One Bedroom Rent: 735.00
  • One Bedroom Sq Ft: 850
  • One Bedroom Number of Units: 1
  • Two Bedroom Rent: 1180.00
  • Two Bedroom Sq Ft: 1700
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Stone
  • Listing Price: 319000.00
  • Acres: 0.2860
  • New Construction: No

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 3.00
  • Parking Spaces: 3
  • Parking: Lot, Off Street, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2174

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 3013.00

Fee Information

  • Taxes: 8150

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: Of Record
  • Lot Size Sq Ft: 12458.00

Multi Family

  • Gross Income: 37140.00
  • Total Buildings: 3
  • Insurance: 1120.00

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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Average Value
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List Price
Sold Price
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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
05/12/2021 05/12/21 Off Market $360,000 -- --
02/10/2021 02/10/21 Sold $360,000 +12.9% $83 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $319,000 0.0% $74 / Sq Ft
05/04/2016 05/04/16 Off Market $695 -- --
02/01/2016 02/01/16 Rented $695 0.0% --
01/18/2016 01/18/16 Under Contract -- -- --
12/28/2015 12/28/15 Price Changed $695 -12.6% --
11/24/2015 11/24/15 Price Changed $795 -11.2% --
10/29/2015 10/29/15 Price Changed $895 -18.6% --
09/09/2015 09/09/15 For Rent $1,100 0.0% --
05/22/2015 05/22/15 Off Market $305,000 -- --
02/06/2015 02/06/15 Sold $305,000 +1.7% $71 / Sq Ft View Prior Sale
12/23/2014 12/23/14 Pending -- -- --
12/17/2014 12/17/14 For Sale $300,000 -- $70 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

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
2025 $7,991 $126,001 $26,583 $99,418
2024 $7,980 $126,001 $26,583 $99,418
2023 $8,144 $126,001 $26,583 $99,418
2022 $8,280 $117,425 $18,816 $98,609
2021 $8,288 $117,425 $18,816 $98,609
2020 $8,149 $117,425 $18,816 $98,609
2019 $8,150 $106,751 $17,105 $89,646
2018 $8,156 $106,751 $17,105 $89,646
2017 $7,698 $106,751 $17,105 $89,646
2016 $6,454 $87,501 $9,013 $78,488
2015 $5,902 $87,501 $9,013 $78,488
2014 $7,707 $87,501 $9,013 $78,488
2013 $937 $10,501 $9,293 $1,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1687780

MLS of Greater Cincinnati (CincyMLS)