$299,900
SOLD MAY 23, 2022

3025 Gilbert Ave Cincinnati, OH 45206

Walnut Hills Neighborhood
-- Bed
-- Bath
-- Sq Ft
7,797 Sq Ft Lot

Recently Sold

Highlights

  • Forced Air Heating System
  • Walnut Hills High School Rated A+
  • Coin Laundry

About This Home

As of February 2024

Extra-large one BR apts in brick four family. Showings begin on Tuesday 4/26/2022. Separate heat and electric paid by tenants. Owner pays common area electric and water/sewer only. Solid income producing property w/great appreciation and low maintenance. +8% CAP rate. Near shopping, hospitals, highways and entertainment, located between two growing Universities (Xavier/UC) and less than 5 minutes from booming downtown Cincinnati. Seller is an Ohio lic. Real estate agent.

Last Agent to Sell the Property

Mark McGrath

Home Information Network, Inc. License #0000344295 Listed on: 04/22/2022

Last Buyer's Agent

Kevin Hildebrand

eXp Realty License #0000409383

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 1916

Lot Details

  • 7,797 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $1,803
  • Water Sewer Expense $1,695
  • Gross Income $33,600
  • Net Operating Income $26,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,619

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Suburb: Walnut Hills
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 36.00
  • Cooling: Window Unit
  • Heating: Gas, Forced Air
  • Lot Area Realist: 7797.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Walnut Hills
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 1675418.99
  • Year Built: 1916
  • Appliance Include: 4 stoves + 4 refigerators
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: 71 N, right on Martin Luther King, left on Gilbert Ave.
  • 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: 26193.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 290
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 1809.70
  • Water Paid: Owner
  • Basement: Full
  • Fireplaces: 4
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Windows: Insulated, Double Hung, Vinyl
  • One Bedroom Rent: 700.00
  • One Bedroom Sq Ft: 695
  • One Bedroom Number of Units: 4

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 299000.00
  • Acres: 0.1790
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1695

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 3619

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 50 X 154.88 IRR PT LOT 8
  • Lot Size Sq Ft: 7797.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 33600.00
  • Total Buildings: 1
  • Insurance: 1803.00

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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
07/22/2025 07/22/25 For Sale $440,000 +2.3% $130 / Sq Ft
04/30/2025 04/30/25 For Sale $429,900 +21.2% $127 / Sq Ft
02/20/2024 02/20/24 Sold $354,565 -1.5% --
01/19/2024 01/19/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $360,000 +20.0% --
08/24/2022 08/24/22 Off Market $299,900 -- --
05/23/2022 05/23/22 Sold $299,900 +0.3% --
04/27/2022 04/27/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $299,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chase Rickey

    Seller's Agent in 2025

    Chase Rickey

    Coldwell Banker Realty

    (513) 518-3090

    3 in this area

    171 Total Sales

    Chase Rickey
    Section Image
  • Pamela Kurtz

    Seller Co-Listing Agent in 2025

    Pamela Kurtz

    Coldwell Banker Realty

    (513) 237-6495

    1 in this area

    194 Total Sales

    Pamela Kurtz
    Section Image

  • D

    Buyer's Agent in 2025

    Default zSystem

    zSystem Default

  • Kevin Hildebrand

    Seller's Agent in 2024

    Kevin Hildebrand

    eXp Realty

    (513) 509-5677

    9 in this area

    651 Total Sales

    Kevin Hildebrand
    Section Image

  • M

    Seller's Agent in 2022

    Mark McGrath

    Home Information Network, Inc.

    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1736076

MLS of Greater Cincinnati (CincyMLS)

Ohio Hamilton County Cincinnati 45206 Walnut Hills

3025 Gilbert Ave, Cincinnati, OH

This home is located at 3025 Gilbert Ave, Cincinnati, OH 45206 and is currently priced at $299,900. This property was built in 1916. 3025 Gilbert Ave is a home located in Hamilton County with nearby schools including Frederick Douglass Elementary School, Robert A. Taft Information Technology High School, and Clark Montessori High School.

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