$899,000
PENDING $86K PRICE DROP

238 S Wayne Ave Cincinnati, OH 45215

Estimated payment $5,812/month

Total Views 63,374
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Coin Laundry
  • 0.54 Acre Lot
  • Patio

About This Home

Welcome to an exceptional investment opportunity in Cincinnati! This 12-unit apartment building, located at 238 S Wayne Ave, offers a fantastic chance to expand your real estate portfolio. Built in 1969, this two-story complex is situated in a prime location, providing easy access to shopping, dining, and public transportation. Each unit is designed for comfort and convenience, with potential for increases in the rent to market rates. The property boasts ample parking, a well-maintained exterior, and a layout that ensures tenant satisfaction. Investors will appreciate the steady rental demand in the area and the opportunity for long-term growth. Whether you're looking to add to your existing portfolio or start fresh with a promising multi-family investment, this 12-unit building is an excellent choice.

Listing Agent

Jonathan Hardy

Keller Williams Seven Hills Re License #2016000849 Listed on: 03/05/2025

Keller Williams Seven Hills Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,410

Year Built

  • Built in 1969

Parking

  • 12 Open Parking Spaces
  • 12 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Membrane Roofing

Interior Spaces

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

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

Overview

  • No Home Owners Association
  • Lockland Subdivision

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $3,600
  • Maintenance Expense $4,700
  • Other Expense $2,159
  • Water Sewer Expense $5,173
  • Gross Income $105,013
  • Net Operating Income $71,304

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,410

Year Built

Built in 1969

Lot Details

0

Parking

12

Listing Details

  • Suburb: Lockland
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 274.00
  • Cooling: Window Unit
  • Heating: Gas
  • Lot Area Realist: 23392.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Lockland
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 1674115.46
  • Zoning: Multi Family
  • Year Built: 1969
  • Appliance Include: Oven/Range, Refrigerator, inWall AC (12)
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Lot Measurement: Acres
  • Status: Pending
  • Total Units: 12
  • Property Subtype 1: Apartment
  • Street Direction: S
  • Suburb (SIC): Lockland
  • Occupancy: Tenant Right
  • Other Expense1: 2159.00
  • ADU Y/N: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Security System
  • Net Operating Income: 71304.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 4905.00
  • Heat Paid: Owner
  • Other Features: Corp Owned
  • Reciprocal Listing: No
  • Semi Annual Taxes: $5705
  • Waste Removal: 1762.00
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Windows: Vinyl
  • One Bedroom Rent: 717.00
  • One Bedroom Sq Ft: 570
  • One Bedroom Number of Units: 12

Exterior Features

  • View: City
  • Roof: Membrane
  • Construction: Brick
  • Outside Features: Patio
  • Foundation: Poured
  • Listing Price: 899000.00
  • Acres: 0.5370
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 12.00
  • Parking Spaces: 12
  • Parking: Asphalt, Lot, Off Street, Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes
  • Water and Sewer: 5173.00

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 4700.00

Fee Information

  • Taxes: 11410

Schools

  • District: Lockland City SD

Lot Info

  • Lot Size Sq Ft: 23392.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 105013.00
  • Other Expense: 2159.00
  • Total Buildings: 1
  • Insurance: 3600.00

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

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 Pending -- -- --
07/29/2025 07/29/25 For Sale $899,000 0.0% --
05/18/2025 05/18/25 Pending -- -- --
05/12/2025 05/12/25 Price Changed $899,000 -5.4% --
04/22/2025 04/22/25 Price Changed $950,000 -3.6% --
03/11/2025 03/11/25 For Sale $985,000 0.0% --
03/10/2025 03/10/25 Off Market $985,000 -- --
03/05/2025 03/05/25 For Sale $985,000 +131.8% --
03/09/2022 03/09/22 Off Market $425,000 -- --
12/07/2021 12/07/21 Sold $425,000 -22.0% $73 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/23/2021 07/23/21 For Sale -- -- --
06/15/2021 06/15/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $545,000 -- $93 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

About the Listing Agent

Jonathan Hardy
Jonathan Hardy

Keller Williams Seven Hills Re

(513) 986-5462

Section Image

In today's fast paced real estate market, it is important to work with a real estate professional and brokerage you can trust.

I bring my clients:
•More than two decades worth of excellent customer service experience in a variety of different fields of expertise
•Loyalty to your goal(s) - buying and/or selling your home
•Honesty
•Professionalism
•Dedication
•A willingness and desire to get you into your new home as soon as possible, while making the process as easy as

View Jonathan's Profile

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Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1832347

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45215

238 S Wayne Ave, Cincinnati, OH

This home is located at 238 S Wayne Ave, Cincinnati, OH 45215 and is currently priced at $899,000. This property was built in 1969. 238 S Wayne Ave is a home located in Hamilton County with nearby schools including Lockland Elementary School, Lockland Middle School, and Lockland High School.

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Jonathan Hardy
Jonathan Hardy
Listing Agent Section Image
Keller Williams Seven Hills Re
(513) 986-5462