$100,000
SOLD DEC 20, 2017

2622 Kipling Ave Cincinnati, OH 45239

Mount Airy Neighborhood
-- Bed
-- Bath
-- Sq Ft
5,619 Sq Ft Lot

Recently Sold

9% Below List Price

15 Days on Market

Highlights

  • 4 Car Attached Garage
  • Walnut Hills High School Rated A+
  • Coin Laundry

About This Home

As of November 2019

This brick 4 unit easily meets the basic 1% rule. Unit 1 is vacant so you can choose your own tenant as well as increase rent. 4 garage spaces and plenty of storage in the basement for added income. Solid building.

Last Agent to Sell the Property

Erin Tarantino

Coldwell Banker Realty License #2014002022 Listed on: 11/04/2017

Coldwell Banker Realty

Last Buyer's Agent

Diane Kallmeyer

Huff Realty License #0000298644

Huff Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,583

Year Built

  • Built in 1960

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 50x115

Parking

  • 4 Car Attached Garage
  • 4 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

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

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $1,500
  • Water Sewer Expense $2,200
  • Gross Income $23,280
  • Net Operating Income $15,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,583

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Suburb: Mt. Airy
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 83.00
  • Cooling: Wall Unit
  • Heating: Gas
  • Lot Area Realist: 5619.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Mt. Airy
  • Annual Assessment Amount: 51610
  • Price Per Acre: 775193.80
  • Year Built: 1960
  • Appliance Include: 4 refrigerators, 4 stoves
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Colerain to Kipling to corner of Shadymist.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: Tenant Right
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 15443.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 950
  • Gasand Electric: 1464
  • Heat Paid: Owner
  • Lease Information: Leases available upon request
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 791.43
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Casement, Aluminum
  • One Bedroom Rent: 475.00
  • One Bedroom Number of Units: 4

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 107000.00
  • Acres: 0.1290
  • New Construction: No

Garage/Parking

  • Garage: Built in
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Garage, Onstreet, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2200

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 1723

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 50x115
  • Lot Size Sq Ft: 5619.00

Multi Family

  • Gross Income: 23280.00
  • Total Buildings: 1
  • Insurance: 1500.00

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Range of Values:

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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 Change Sq Ft Price
02/25/2020 02/25/20 Off Market $143,500 -- --
11/26/2019 11/26/19 Sold $143,500 0.0% --
10/24/2019 10/24/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $143,500 +43.5% --
03/26/2018 03/26/18 Off Market $100,000 -- --
12/20/2017 12/20/17 Sold $100,000 -6.5% --
11/22/2017 11/22/17 Pending -- -- --
11/17/2017 11/17/17 Price Changed $107,000 -2.7% --
11/07/2017 11/07/17 For Sale $110,000 +26.4% --
10/25/2016 10/25/16 Off Market $87,000 -- --
07/22/2016 07/22/16 Sold $87,000 -3.2% --
05/20/2016 05/20/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $89,900 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Diane Kallmeyer

    Seller's Agent in 2019

    Diane Kallmeyer

    Huff Realty

    (513) 633-3606

    47 Total Sales

    Section Image
  • Lisa Graham

    Buyer's Agent in 2019

    Lisa Graham

    Coldwell Banker Realty

    (513) 706-8540

    1 in this area

    16 Total Sales

    Section Image
  • Erin Tarantino

    Seller's Agent in 2017

    Erin Tarantino

    Coldwell Banker Realty

    (513) 551-9167

    1 in this area

    133 Total Sales

    Section Image
  • Julie Ferguson

    Seller's Agent in 2016

    Julie Ferguson

    Century 21 Premiere Properties

    (513) 543-7369

    28 Total Sales

    Section Image

  • J

    Buyer Co-Listing Agent in 2016

    Jim Basquette

    Huff Referral Company

    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1559711

MLS of Greater Cincinnati (CincyMLS)

Ohio Hamilton County Cincinnati 45239 Mount Airy

2622 Kipling Ave, Cincinnati, OH

This home is located at 2622 Kipling Ave, Cincinnati, OH 45239 and is currently priced at $100,000. This property was built in 1960. 2622 Kipling Ave is a home located in Hamilton County with nearby schools including Mt. Airy Elementary School, Western Hills High School, and Gilbert A. Dater High School.

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