NOT LISTED FOR SALE

2575 W Galbraith Rd Cincinnati, OH 45239

1 Bed
1 Bath
-- Sq Ft
1.67 Acres Lot

Sale Details

Date Sold: August 19, 2025

Last sale price $1,600,000

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

Lot Details

  • 1.67

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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