NOT LISTED FOR SALE

2564 Kipling Ave Cincinnati, OH 45239

Mount Airy Neighborhood
Studio
-- Bath
-- Sq Ft
1965 Built

Last Sold April 04, 2014

Last sale price $102,000

191 Days on Market

Highlights

  • 6 Car Attached Garage
  • Hot Water Heating System
  • Coin Laundry
  • Walnut Hills High School Rated A+

About This Home

As of April 2014

Beautiful 4-family with an additional basement office/living quarters. New Boiler and Windows in 2009. 13.5% Cap Rate. Easy to rent. All units have been remodeled. Easy to manage, turn key operation. Agent/owner.

Last Agent to Sell the Property

Adam Walter

OwnerLand Realty, Inc. License #2007001783 Listed on: 08/13/2013

OwnerLand Realty, Inc.

Last Buyer's Agent

M. Anita Clayton

Coldwell Banker Realty License #0000397756

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 52x151

Parking

  • 6 Car Attached Garage
  • 4 Open Parking Spaces
  • Lighted Parking
  • Rear-Facing Garage
  • Parking Lot
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Double Hung Windows
  • Sliding Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $942
  • Maintenance Expense $2,620
  • Water Sewer Expense $2,675
  • Gross Income $32,350
  • Net Operating Income $19,581

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,008

Year Built

Built in 1965

Lot Details

0

Parking

6

Listing Details

  • Suburb: Mt. Airy
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Tax Rate: Of Record
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 83.00
  • Cooling: Wall Unit
  • Heating: Gas, Hot Water
  • Lot Area Realist: 6273.00
  • Suburb S I C: Mt. Airy
  • Year Built: 1965
  • Appliance Include: 5 Fridges, 5 Stoves, 4 Microwaves, 5 A/C
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Colerain to Kipling Avenue. 6th property on the left past Shadymist Lane.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 5
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 19581.00
  • Property Type: Residential Income
  • Gasand Electric: 5533
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 503.78
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Insulated, Double Hung, Slider
  • One Bedroom Rent: 450.00
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 550.00
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 109900.00
  • New Construction: No

Garage/Parking

  • Garage: Attached, Rear
  • Garage Spaces: 6.00
  • Parking Spaces: 4
  • Parking: Lot, Private, Garage, Lights, Off Street

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2675

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 2620.00

Fee Information

  • Taxes: 998

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 52x151

Multi Family

  • Efficiency Rent: 375.00
  • Efficiency Units: 1
  • Gross Income: 32350.00
  • Total Buildings: 1
  • Insurance: 942.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/04/2014 07/04/14 Off Market $102,000 -- --
04/04/2014 04/04/14 Sold $102,000 -14.9% --
02/20/2014 02/20/14 Pending -- -- --
08/13/2013 08/13/13 For Sale $119,900 -- --
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
2024 $6,147 $74,498 $10,780 $63,718
2023 $6,131 $74,498 $10,780 $63,718
2022 $3,627 $39,869 $10,388 $29,481
2021 $3,559 $39,869 $10,388 $29,481
2020 $3,563 $39,869 $10,388 $29,481
2019 $3,639 $37,611 $9,800 $27,811
2018 $3,641 $37,611 $9,800 $27,811
2017 $3,526 $37,611 $9,800 $27,811
2016 $3,416 $35,700 $8,624 $27,076
2015 $3,139 $35,700 $8,624 $27,076
2014 $3,150 $35,700 $8,624 $27,076
2013 $1,039 $11,673 $9,800 $1,873
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Adam Walter

    OwnerLand Realty, Inc.

    (513) 476-4656

    42 Total Sales

    Adam Walter
    Section Image

  • M

    Buyer's Agent in 2014

    M. Anita Clayton

    Coldwell Banker Realty

    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1370372

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

2564 Kipling Ave, Cincinnati, OH

Not Listed for Sale

MultiFamily

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