NOT LISTED FOR SALE
5 Beds
3 Baths
3,497 Sq Ft
4,574 Sq Ft Lot

Last Sold May 14, 2024

Last sale price $365,000 $104 Per Sq Ft

3 Days on Market

Highlights

  • Balcony
  • Porch
  • 4-minute walk to Nothern-Larona Community Park
  • Walnut Hills High School Rated A+
  • Storage

About This Home

As of May 2024

Outstanding cash-flow opportunity offering $3,880/month in gross rents! Centrally located & updated throughout, this 3,497sf, brick triplex is fully occupied & features two 2-bedroom, 1 bath units (units 1 & 2) + one 3-bedroom, 1 bath unit (unit 3). Minutes to downtown & only a 2-minute drive to Children's Hospital. Owner pays water/sewer of approx. $240/month - tenants pay gas/electric (separate meters). Recent updates include: new metal roof, new furnaces & thermostats, 3 new water heaters, all new windows (all 43 windows!!), updated kitchens & baths, new LVP flooring, new interior paint in units, hallways & staircase. Seller is in the process of applying for a tax abatement. Washer & dryer to convey.

Last Agent to Sell the Property

Martine Greco

Keller Williams Pinnacle Group License #2015003314 Listed on: 04/08/2024

Keller Williams Pinnacle Group

Last Buyer's Agent

Wendy Furbay

Coldwell Banker Realty License #2018002354

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1926

Lot Details

  • 4,574 Sq Ft Lot
  • Lot Dimensions are 41 x 110.08

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 3,497 Sq Ft Home
  • 3-Story Property
  • Vinyl Clad Windows
  • Double Hung Windows
  • Storage
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

Overview

  • T Wilson Sub Subdivision

Building Details

  • Insurance Expense $1,700
  • Water Sewer Expense $3,120
  • Gross Income $46,560
  • Net Operating Income $38,196

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,544

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Suburb: Avondale
  • Cross Street: Forest Ave
  • Broker Approved: Yes
  • Basement Sq Ft: 1206
  • Census Tract Realist: 69.00
  • Cooling: Window Unit
  • Heating: Gas
  • Lot Area Realist: 4574.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Avondale
  • Annual Assessment Amount: of record
  • Price Per Acre: 3476190.48
  • Public Transportn: Near
  • Year Built: 1926
  • Appliance Include: (3) stoves, (3) fridges
  • Separate Gas Elect: Yes
  • Directions: Reading Road to west on Forest Ave, turn right on Wilson Ave
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Triplex
  • Suburb (SIC): T WILSON SUB
  • Occupancy: Tenant Right
  • Second Floor Area: 2291
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage Area
  • Net Operating Income: 38196.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • Semi Annual Taxes: 1772.18
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 3497.00
  • Windows: Double Hung, Vinyl
  • Two Bedroom Rent: 1240.00
  • Two Bedroom Units: 2
  • Three+ Bedroom Rent: 1400.00
  • Three+ Bedroom Units: 1

Exterior Features

  • Roof: Metal
  • Construction: Brick
  • Outside Features: Porch, Balcony
  • Foundation: Poured
  • Listing Price: 365000.00
  • Acres: 0.1050
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 3120

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 3544

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 41 X 110.08
  • Lot Size Sq Ft: 4574.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 46560.00
  • Total Buildings: 1
  • Insurance: 1700.00

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
05/14/2024 05/14/24 Sold $365,000 0.0% $104 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $365,000 +128.1% $104 / Sq Ft
12/01/2022 12/01/22 Off Market $160,000 -- --
08/31/2022 08/31/22 Sold $160,000 0.0% $47 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $160,000 -- $47 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1801275

MLS of Greater Cincinnati (CincyMLS)

APN: 216-0044-0170-00