NOT LISTED FOR SALE

241 Gilman Ave Cincinnati, OH 45219

Mount Auburn Neighborhood
-- Bed
-- Bath
3,242 Sq Ft
6,229 Sq Ft Lot

Last Sold December 01, 2023

Last sale price $230,000 $71 Per Sq Ft

54 Days on Market

Highlights

  • 0.14 Acre Lot
  • Walnut Hills High School Rated A+
  • Forced Air Heating System

About This Home

As of December 2023

Introducing a fantastic, 5 unit investment opportunity in the thriving Mt. Auburn area near University of Cincinnati! This multi-family property is a savvy investor's dream, with a potential for substantial value appreciation. Currently offering below-market rents and partially occupied, there is significant room for rental income growth Imagine the cash flow potential as you raise rents to match market rates and enhance the property's appeal through strategic renovations. With an estimated After Repair Value (ARV) of $650,000+/-, this investment promises attractive returns. Being sold as is where is. Whether you're looking to expand your real estate portfolio, secure a steady cash flow, or capitalize on the thriving University community, this property has it all. Owner is a licensed agent in Ohio.

Last Agent to Sell the Property

Varun Varma

Coldwell Banker Realty License #2015005166 Listed on: 10/17/2023

Coldwell Banker Realty

Last Buyer's Agent

Robert Speckert

eXp Realty License #2019003755

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1900

Lot Details

  • 6,229

Home Design

  • Stone Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,242 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,768

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Suburb: Mt. Auburn
  • Broker Approved: Yes
  • Cooling: Wall Unit
  • Heating: Forced Air
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Mt. Auburn
  • Price Per Acre: 1608391.61
  • Year Built: 1900
  • Directions: Auburn Ave to Gilman (across from Christ Hospital)
  • Lot Measurement: Acres
  • Status: Sold
  • Property Subtype 1: Apartment
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Reciprocal Listing: No
  • Semi Annual Taxes: 1884
  • Basement: Full
  • Levels: Two
  • Bldg Sq Ft (Realist): 3242.00
  • Windows: Aluminum

Exterior Features

  • Roof: Shingle
  • Construction: Stucco
  • Foundation: Stone
  • Listing Price: 265000.00
  • Acres: 0.1430
  • New Construction: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 76 X 86
  • Lot Size Sq Ft: 6229.00

Range of Values:

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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 Change Sq Ft Price
01/28/2024 01/28/24 Off Market $3,000 -- --
12/01/2023 12/01/23 Sold $230,000 +7566.7% $71 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $3,000 -99.9% $1 / Sq Ft
08/07/2023 08/07/23 For Sale $3,000,000 -- $925 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Varun Varma

    Seller's Agent in 2023

    Varun Varma

    Coldwell Banker Realty

    (513) 307-3599

    3 in this area

    222 Total Sales

    Section Image
  • Robert Speckert

    Buyer's Agent in 2023

    Robert Speckert

    eXp Realty

    (513) 478-7599

    4 in this area

    130 Total Sales

    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1787206

MLS of Greater Cincinnati (CincyMLS)

Ohio Hamilton County Cincinnati 45219 Mount Auburn

241 Gilman Ave, Cincinnati, OH

This home is located at 241 Gilman Ave, Cincinnati, OH 45219 since 17 October 2023. This property was built in 1900. 241 Gilman Ave is a home located in Hamilton County with nearby schools including Taft Elementary School, Robert A. Taft Information Technology High School, and Clark Montessori High School.

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