
3640 Reading Rd Cincinnati, OH 45229
North Avondale NeighborhoodEstimated payment $2,469/month
Highlights
- Forced Air Heating System
- Walnut Hills High School Rated A+
- 4-minute walk to Martin Luther King Park
About This Home
Exceptional Investment Opportunity! This 12-room multifamily building features four spacious 3-bedroom units, including a massive two-story apartment with over 1,400 sq ft of living space. Two of the units have been beautifully updated, offering modern amenities and style. The property has a brand-new roof (2023) and newer HVAC systems, ensuring minimal upkeep for years to come. With current rents in the area reaching up to $1,500 per unit, this is an ideal purchase for investors seeking strong cash flow or owner-occupants looking for rental income to offset mortgage costs. Two units are currently unoccupied, allowing immediate income potential. Close to Xavier University, University of Cincinnati, shopping, restaurants, and local hospitals. Don't miss this rare opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,890
Year Built
- Built in 1900
Lot Details
- 7,057 Sq Ft Lot
Parking
- 4 Open Parking Spaces
Home Design
- Shingle Roof
Interior Spaces
- 3,890 Sq Ft Home
- 2-Story Property
- Vinyl Clad Windows
- Insulated Windows
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/27/2024 09/27/24 | Pending | -- | -- | -- |
09/26/2024 09/26/24 | For Sale | $399,900 | +13.3% | $103 / Sq Ft |
01/28/2024 01/28/24 | Off Market | $353,000 | -- | -- |
10/31/2023 10/31/23 | Sold | $353,000 | -0.6% | $91 / Sq Ft |
10/02/2023 10/02/23 | Pending | -- | -- | -- |
09/19/2023 09/19/23 | Price Changed | $355,000 | -2.7% | $91 / Sq Ft |
04/20/2023 04/20/23 | Price Changed | $365,000 | -7.6% | $94 / Sq Ft |
02/23/2023 02/23/23 | Price Changed | $395,000 | -7.1% | $102 / Sq Ft |
01/14/2023 01/14/23 | For Sale | $425,000 | -- | $109 / Sq Ft |
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Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1819460

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