237 Highway Ave Ludlow, KY 41016
Estimated payment $1,511/month
Highlights
- Very Popular Property
- Wood Frame Window
- Mini Split Air Conditioners
- 0.16 Acre Lot
- Porch
- Patio
About This Home
One or more photo(s) were virtually staged. Investor Opportunity!
This well-maintained duplex in the heart of Ludlow offers a great opportunity for owner-occupants or investors seeking steady income. Both units are tenant-occupied with long-term leases, ensuring immediate cash flow. The property has been recently updated, featuring modern finishes and separate washer and dryer for each apartment in basement—an added convenience your tenants will appreciate. In addition to updating, some maintainance items were also addressed. New sewer lateral line installed, Some gas lineswere replaced due to leaking. Gas lines pressure tested after repairs. Some electrical outletsreplaced, new electric installed for washer, dryer, and lighting in basement. Permits pulled and work done by license plumber and electrician.
Also, fascia and gutter repairs, power washed exterior, some exterior panels replaced, repaired windows, painted exterior, poured new concrete pad and new sidewalk on the side ofhouse, rerouted sub pump discharge away from house, re-tucking chimney and exterior, added flashing to chimney. Both units have newer appliances (stove, fridge, washer, dryer, and 2 ac window units/unit). Located minutes from downtown Cincinnati, parks, and local amenities, this property combines strong rental history, updated condition, and an ideal location. The city of Ludlow—just across the river from Cincinnati—has quietly carved out a charm all its own. With a compact footprint and a walkable downtown core (especially along Elm Street), it offers an eclectic mix of businesses that blend historic architecture with creative, locally-driven retail. Many buildings retain historic charm, giving the area a sense of authenticity and uniqueness rather than a cookie-cutter retail strip. A smart addition to any portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,690
Lot Details
- 6,970 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Block Foundation
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,426 Sq Ft Home
- 2-Story Property
- Non-Functioning Fireplace
- Brick Fireplace
- Vinyl Clad Windows
- Wood Frame Window
- Fire and Smoke Detector
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Patio
- Porch
Schools
- Mary A. Goetz Elementary School
- Ludlow Middle School
- Ludlow High School
Utilities
- Mini Split Air Conditioners
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 040-12-01-002.00
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,690 | $130,000 | $10,000 | $120,000 |
| 2023 | $1,351 | $105,000 | $10,000 | $95,000 |
| 2022 | $1,388 | $105,000 | $10,000 | $95,000 |
| 2021 | $1,537 | $105,000 | $10,000 | $95,000 |
| 2020 | $1,027 | $68,700 | $10,000 | $58,700 |
| 2019 | $764 | $50,000 | $10,000 | $40,000 |
| 2018 | $759 | $50,000 | $10,000 | $40,000 |
| 2017 | $615 | $40,000 | $10,000 | $30,000 |
| 2015 | $579 | $40,000 | $10,000 | $30,000 |
| 2014 | $234 | $14,000 | $10,000 | $4,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $260,000 | +100.0% | $182 / Sq Ft | |
| 08/01/2023 08/01/23 | Sold | $130,000 | -13.3% | $91 / Sq Ft | View Prior Sale |
| 05/05/2023 05/05/23 | Pending | -- | -- | -- | |
| 04/19/2023 04/19/23 | For Sale | $150,000 | -- | $105 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | 360 American Title | |
| Commissioners Deed | $105,000 | None Listed On Document | |
| Commissioners Deed | $105,000 | None Listed On Document | |
| Warranty Deed | $105,000 | 360 American Title Svcs Llc | |
| Warranty Deed | $68,750 | Northwest Ttl Fam Of Compani | |
| Special Warranty Deed | $14,000 | None Available | |
| Commissioners Deed | $45,400 | None Available | |
| Deed | -- | First American Title Ins Co | |
| Warranty Deed | $60,000 | All-Ohio Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $143,000 | New Conventional | |
| Previous Owner | $49,600 | Purchase Money Mortgage |
About the Listing Agent
Patricia A.'s Other Listings
Source: Northern Kentucky Multiple Listing Service
MLS Number: 637764
APN: 040-12-01-002.00
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