$1,600,000
SOLD AUG 19, 2025

2575 W Galbraith Rd Cincinnati, OH 45239

-- Bed
-- Bath
-- Sq Ft
72,745 Sq Ft Lot

Recently Sold

3% Below List Price

58 Days on Market

Highlights

  • 1.67 Acre Lot
  • No HOA
  • Baseboard Heating
  • Deck
  • Storage
  • Coin Laundry

About This Home

As of August 2025

Welcome to Wedgewood Apartments, 24 One Bedroom apartments. Easy to own & easy to manage! All units occupied except one apartment vacant & available for showings. Heat & electric is paid by Tenants. Additional Washer/Dryer Income. Current rent roll over $18,000/month with opportunity for additional projected rents.

Last Agent to Sell the Property

Mark McGrath

Home Information Network, Inc. License #0000344295 Listed on: 05/14/2025

Co-Listed By

John McGrath

Home Information Network, Inc. License #2018001403

Last Buyer's Agent

Non Member

NonMember Firm

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,560

Year Built

  • Built in 1981

Home Design

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

Interior Spaces

  • 3-Story Property
  • Storage

Parking

  • 24 Open Parking Spaces
  • Private Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • Natural Gas Not Available

Additional Features

  • Deck
  • Wood Fence

Community Details

Building Details

  • Insurance Expense $5,910
  • Water Sewer Expense $10,233
  • Gross Income $222,012
  • Net Operating Income $168,089

Additional Features

  • No Home Owners Association
  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,560

Year Built

Built in 1981

Lot Details

1.67 Acres

Listing Details

  • Suburb: Groesbeck
  • Cross Street: Colerain Ave.
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Cooling: Wall Unit
  • Heating: Baseboard, Electric
  • Suburb S I C: Groesbeck
  • Price Per Acre: 958083.83
  • Zoning: Multi Family
  • Year Built: 1981
  • Appliance Include: 24 stoves, 24 refrigerators, W/D on site
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: Galbraith Rd, West of Pippin
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 24
  • Property Subtype 1: Apartment
  • Street Direction: W
  • Occupancy: Tenant Right
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Storage Area
  • Net Operating Income: 168089.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 3120.00
  • Heat Paid: Tenant
  • Lease Information: Some MTM, Some under lease
  • Other Tax Parcel I D: 510-0072-0412-00
  • Reciprocal Listing: No
  • Semi Annual Taxes: $16280
  • Waste Removal: 2100.00
  • Water Paid: Owner
  • Basement: None
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Windows: Aluminum
  • One Bedroom Rent: 771.00
  • One Bedroom Sq Ft: 625
  • One Bedroom Number of Units: 24

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Outside Features: Deck, Wood Fence
  • Foundation: Poured
  • Listing Price: 1650000.00
  • Acres: 1.6700
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 24
  • Parking: Lot, Off Street, Private

Utilities

  • Gas: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes
  • Water and Sewer: 10233.00

Condo/Co-op/Association

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

Fee Information

  • Taxes: 32560

Schools

  • District: Northwest Local SD

Lot Info

  • Lot Size Sq Ft: 72745.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 222012.00
  • Total Buildings: 2
  • Insurance: 5910.00
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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
08/19/2025 08/19/25 Sold $1,600,000 -3.0% --
07/11/2025 07/11/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $1,650,000 0.0% --
02/06/2019 02/06/19 Off Market $515 -- --
11/08/2018 11/08/18 Rented $515 0.0% --
10/22/2018 10/22/18 Under Contract -- -- --
09/26/2018 09/26/18 Price Changed $515 -6.4% --
08/22/2018 08/22/18 For Rent $550 -4.3% --
05/30/2018 05/30/18 Off Market $575 -- --
05/30/2018 05/30/18 Off Market $550 -- --
03/01/2018 03/01/18 Rented $575 +4.5% --
03/01/2018 03/01/18 Rented $550 -4.3% --
02/26/2018 02/26/18 Under Contract -- -- --
02/08/2018 02/08/18 Under Contract -- -- --
01/02/2018 01/02/18 For Rent $575 +4.5% --
11/09/2017 11/09/17 For Rent $550 -12.0% --
10/16/2017 10/16/17 Off Market $625 -- --
07/18/2017 07/18/17 Rented $625 0.0% --
07/18/2017 07/18/17 Under Contract -- -- --
06/12/2017 06/12/17 For Rent $625 -- --
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 $1,412 $5,740 $5,740 --
2024 $1,393 $5,740 $5,740 --
2023 $1,386 $5,740 $5,740 $0
2022 $1,432 $5,551 $5,551 $0
2021 $1,434 $5,551 $5,551 $0
2020 $1,426 $5,551 $5,551 $0
2019 $1,410 $5,236 $5,236 $0
2018 $1,369 $5,236 $5,236 $0
2017 $1,354 $5,236 $5,236 $0
2016 $1,380 $5,513 $5,513 $0
2015 $443 $5,513 $5,513 $0
2014 $446 $5,513 $5,513 $0
2013 $432 $5,513 $5,513 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1840622

MLS of Greater Cincinnati (CincyMLS)
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