NOT LISTED FOR SALE

2529 Williams Ave Cincinnati, OH 45212

-- Bed
-- Bath
-- Sq Ft
5,097 Sq Ft

Last Sold April 30, 2024

Last sale price $370,000

About This Home

As of April 2024

Introducing a fantastic investment opportunity in Norwood! Walk to Rookwood, shopping & entertainment. This four unit building features one bedroom and one bath apartments. All units are occupied. Low maintenance brick exterior, glass block windows, updated boiler & circuit breaker electric! Upside potential for increasing rental income to market rates. Coin laundry included! Professional property management available. Don't miss out on this chance to own a solid performing income producer. Current rents are well below market rates.

Last Agent to Sell the Property

Mark McGrath

Home Information Network, Inc. License #0000344295 Listed on: 03/26/2024

Co-Listed By

John McGrath

Home Information Network, Inc. License #2018001403

Last Buyer's Agent

Mark McGrath

Home Information Network, Inc. License #0000344295 Listed on: 03/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,714

Year Built

  • Built in 1942

Lot Details

  • 5,097 Sq Ft Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Lot
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Casement Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $1,800
  • Water Sewer Expense $3,637
  • Gross Income $32,400
  • Net Operating Income $18,169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,714

Year Built

Built in 1942

Lot Details

5,097 Sq Ft Lot

Parking

4

Listing Details

  • Suburb: Norwood
  • Cross Street: Smith Rd.
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry,Smoke Alarm
  • Census Tract Realist: 254.02
  • Cooling: Window Unit
  • Heating: Gas, Hot Water
  • Lot Area Realist: 5097.00
  • Suburb S I C: Norwood
  • Price Per Acre: 3162393.16
  • Year Built: 1942
  • Appliance Include: 4 stoves, refrigerators, A/C & Coin W/D
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 18169.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 4080
  • Heat Paid: Owner
  • Lease Information: All units are MTM
  • Reciprocal Listing: No
  • Semi Annual Taxes: 2357
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Casement
  • One Bedroom Rent: 675.00
  • One Bedroom Sq Ft: 675
  • One Bedroom Number of Units: 4

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 355000.00
  • Acres: 0.1170
  • New Construction: No

Garage/Parking

  • Garage: Built in,Rear
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Lot, Off Street

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 3637

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 4714

Schools

  • District: Norwood City SD

Lot Info

  • Lot Size Sq Ft: 5097.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 32400.00
  • Total Buildings: 1
  • Insurance: 1800.00
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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
04/30/2024 04/30/24 Sold $370,000 +4.2% --
03/27/2024 03/27/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $355,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

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 $4,716 $68,257 $10,640 $57,617
2024 $4,850 $68,257 $10,640 $57,617
2023 $4,715 $68,257 $10,640 $57,617
2022 $4,336 $54,867 $10,231 $44,636
2021 $4,309 $54,867 $10,231 $44,636
2020 $4,137 $54,867 $10,231 $44,636
2019 $3,829 $47,299 $8,820 $38,479
2018 $3,844 $47,299 $8,820 $38,479
2017 $3,730 $47,299 $8,820 $38,479
2016 $3,905 $46,053 $8,113 $37,940
2015 $3,550 $46,053 $8,113 $37,940
2014 $3,527 $46,053 $8,113 $37,940
2013 $3,606 $50,061 $8,820 $41,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1800167

MLS of Greater Cincinnati (CincyMLS)
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