$229,000
PENDING

306 Pearl St Cincinnati, OH 45215

Estimated payment $1,456/month

Total Views 868
-- Bed
-- Bath
2,439 Sq Ft
$94 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 3-minute walk to Quiet Park

About This Home

Investor opportunity, priced to sell in the heart of Reading. Three family building with two long term tenants and a renovated unit that is currently set up as a short term rental. Pleanty of ways to build value by adding laudry facilities or finishing off the third floor attic. Off street parking.

Listing Agent

Jason Bowman

RE/MAX Alliance Realty License #2005016240 Listed on: 03/04/2026

RE/MAX Alliance Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,810

Year Built

  • Built in 1890

Lot Details

  • 7,187 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,439 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Parking

  • 3 Open Parking Spaces
  • Private Parking

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • 220 Volts

Community Details

Overview

  • No Home Owners Association
  • Blunts Subdivision

Building Details

  • Insurance Expense $1,800
  • Gross Income $34,800
  • Net Operating Income $23,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,810

Year Built

Built in 1890

Lot Details

7,187 Sq Ft Lot

Listing Details

  • Suburb: Reading
  • Cross Street: Church
  • Broker Approved: Yes
  • Census Tract Realist: 232.01
  • Cooling: Window Unit, Central Air
  • Heating: Forced Air, Gas
  • Lot Area Realist: 7187.00
  • Suburb S I C: Reading
  • Public Transportn: Metro Near
  • Zoning: Multi Family
  • Year Built: 1890
  • Appliance Include: All Kitchen Appliances
  • Separate Air Condi: Yes
  • Separate Gas Elect: No
  • Separate Air Cond: Yes
  • Directions: From Benson St to N on Church to R on Pearl
  • Lot Measurement: Acres
  • Status: Pending
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • Suburb (SIC): Blunts
  • Occupancy: Tenant Right
  • Second Floor Area: 849
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt
  • Net Operating Income: 23356.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 6834.00
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • Semi Annual Taxes: $1405
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 2439.00
  • Windows: Vinyl
  • One Bedroom Rent: 900.00
  • One Bedroom Number of Units: 1
  • Two Bedroom Rent: 1100.00
  • Two Bedroom Units: 1

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Stone
  • Listing Price: 229000.00
  • Acres: 0.1650
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 3
  • Parking: Private

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: No

Condo/Co-op/Association

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

Fee Information

  • Taxes: 2810

Schools

  • District: Reading Community Ci

Lot Info

  • Lot Size Sq Ft: 7187.00

Rental Info

  • Sub Lease: No

Multi Family

  • Efficiency Rent: 900.00
  • Efficiency Units: 1
  • Gross Income: 34800.00
  • Total Buildings: 1
  • Insurance: 1800.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $2,810 $52,501 $9,958 $42,543
2024 $2,771 $52,501 $9,958 $42,543
2023 $2,794 $52,501 $9,958 $42,543
2022 $2,643 $38,528 $8,008 $30,520
2021 $2,228 $38,528 $8,008 $30,520
2020 $2,230 $38,528 $8,008 $30,520
2019 $2,166 $34,098 $7,088 $27,010
2018 $2,167 $34,098 $7,088 $27,010
2017 $2,054 $34,098 $7,088 $27,010
2016 $2,213 $36,684 $7,508 $29,176
2015 $2,220 $36,684 $7,508 $29,176
2014 $1,946 $36,684 $7,508 $29,176
2013 $1,972 $37,433 $7,662 $29,771
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2026 03/12/26 Pending -- -- --
03/04/2026 03/04/26 For Sale $229,000 0.0% $94 / Sq Ft
02/10/2025 02/10/25 Off Market $950 -- --
02/01/2025 02/01/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $950 -- --
10/01/2024 10/01/24 For Rent $950 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1868962

MLS of Greater Cincinnati (CincyMLS)

APN: 671-0005-0159-00

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