NOT LISTED FOR SALE

2561 Kipling Ave Cincinnati, OH 45239

Mount Airy Neighborhood
6 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold August 25, 2022

Last sale price $225,000

17 Days on Market

Highlights

  • Hot Water Heating System
  • Walnut Hills High School Rated A+
  • 4 Car Garage

About This Home

As of August 2022

Welcome to your next investment. Great location on busline and close to highways. Room for added value with the new owner.All tenants are MTM. 24 hour notice required. access to unit 3 and common areas. Gross rental income $2,300/month. Access to all units with offer.

Last Agent to Sell the Property

Tony Vanjohnson

eXp Realty License #2015000969 Listed on: 07/06/2022

eXp Realty

Last Buyer's Agent

Brody Nelson

Sibcy Cline, Inc. License #2022001918

Sibcy Cline, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,939

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x200

Parking

  • 4 Car Garage
  • 8 Open Parking Spaces
  • Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

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

Utilities

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

Community Details

  • Maintenance Expense $700
  • Water Sewer Expense $2,600
  • Gross Income $27,600
  • Net Operating Income $23,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,939

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Suburb: Mt. Airy
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 83.00
  • Cooling: Window Unit
  • Heating: Gas, Hot Water, Heat Pump, Gravity
  • Lot Area Realist: 10019.00
  • Suburb S I C: Mt. Airy
  • Price Per Acre: 978260.87
  • Year Built: 1950
  • Appliance Include: Stove & Refrigerator
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: North on Colerain - T/R on Kipling
  • 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: 23800.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 1200
  • Heat Paid: Owner
  • Lease Information: Month to Month
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 2969.73
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Casement
  • One Bedroom Rent: 500.00
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 650.00
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Aluminum Siding
  • Foundation: Poured
  • Listing Price: 239900.00
  • Acres: 0.2300
  • New Construction: No

Garage/Parking

  • Garage: Attached,Built in,Rear
  • Garage Spaces: 4.00
  • Parking Spaces: 8
  • Parking: Garage, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2600

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 700.00

Fee Information

  • Taxes: 2969

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 50x200
  • Lot Size Sq Ft: 10019.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 27600.00
  • Total Buildings: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
11/24/2022 11/24/22 Off Market $225,000 -- --
08/25/2022 08/25/22 Sold $225,000 -6.2% --
07/24/2022 07/24/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $239,900 +152.5% --
08/08/2018 08/08/18 Off Market $95,000 -- --
05/10/2018 05/10/18 Sold $95,000 -9.5% -- View Prior Sale
03/12/2018 03/12/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $105,000 -- --
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
2023 $6,479 $78,750 $10,780 $67,970
2022 $3,027 $33,250 $10,388 $22,862
2021 $2,970 $33,250 $10,388 $22,862
2020 $2,973 $33,250 $10,388 $22,862
2019 $2,285 $23,569 $9,800 $13,769
2018 $2,286 $23,569 $9,800 $13,769
2017 $2,213 $23,569 $9,800 $13,769
2016 $833 $8,624 $6,979 $1,645
2015 $766 $8,624 $6,979 $1,645
2014 $769 $8,624 $6,979 $1,645
2013 $874 $9,800 $7,931 $1,869
Source: Public Records

Agents Affiliated with this Home

  • Tony Vanjohnson

    Seller's Agent in 2022

    Tony Vanjohnson

    eXp Realty

    (937) 510-0690

    2 in this area

    197 Total Sales

    Tony Vanjohnson
    Section Image
  • Brody Nelson

    Buyer's Agent in 2022

    Brody Nelson

    Sibcy Cline

    (440) 231-0770

    2 in this area

    13 Total Sales

    Brody Nelson
    Section Image
  • Ronald Roberto

    Seller's Agent in 2018

    Ronald Roberto

    RE/MAX

    (513) 385-2424

    58 Total Sales

    Ronald Roberto
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1745504

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45239 Mount Airy

2561 Kipling Ave, Cincinnati, OH

Not Listed for Sale

MultiFamily

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