$390,000
SOLD OCT 31, 2024

3640 Reading Rd Cincinnati, OH 45229

North Avondale Neighborhood
-- Bed
-- Bath
3,890 Sq Ft
7,057 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

2% Below List Price

1 Day on Market

Highlights

  • Forced Air Heating System
  • Walnut Hills High School Rated A+
  • 4-minute walk to Martin Luther King Park

About This Home

As of October 2024

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!

Last Agent to Sell the Property

Denise Taylor

eXp Realty License #2003013365 Listed on: 09/26/2024

eXp Realty

Co-Listed By

Steven Taylor

eXp Realty License #2015003828

Last Buyer's Agent

Tyler Everidge

eXp Realty License #2020004351

eXp Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,890

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Suburb: Avondale
  • Cross Street: Dana
  • Broker Approved: Yes
  • Basement Sq Ft: 1970
  • Census Tract Realist: 66.00
  • Cooling: Window Unit
  • Heating: Gas, Forced Air
  • Lot Area Realist: 7057.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Avondale
  • Annual Assessment Amount: 0
  • Price Per Acre: 2407407.41
  • Year Built: 1900
  • Directions: South from Dana on Reading Road. Two blocks up on the left.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: At Closing
  • Second Floor Area: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Reciprocal Listing: No
  • Semi Annual Taxes: $1445
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 3890.00
  • Windows: Insulated, Vinyl
  • One Bedroom Rent: 1400.00
  • Two Bedroom Rent: 1200.00
  • Three+ Bedroom Rent: 1200.00
  • Three+ Bedroom Units: 4

Exterior Features

  • Roof: Shingle
  • Construction: Other
  • Foundation: Poured
  • Listing Price: 399900.00
  • Acres: 0.1620
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 4
  • Parking: Lot

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 2890

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Size Sq Ft: 7057.00

Multi Family

  • Total Buildings: 1

Range of Values:

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Sold Price
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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
10/31/2024 10/31/24 Sold $390,000 -2.5% $100 / Sq Ft
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
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Denise Taylor

    Seller's Agent in 2024

    Denise Taylor

    eXp Realty

    (513) 986-1421

    3 in this area

    200 Total Sales

    Denise Taylor
    Section Image
  • Steven Taylor

    Seller Co-Listing Agent in 2024

    Steven Taylor

    eXp Realty

    (513) 777-8100

    3 in this area

    128 Total Sales

    Steven Taylor
    Section Image
  • Tyler Everidge

    Buyer's Agent in 2024

    Tyler Everidge

    eXp Realty

    (937) 789-4598

    1 in this area

    95 Total Sales

    Tyler Everidge
    Section Image

  • M

    Seller's Agent in 2023

    Mark Keels

    Keller Williams Seven Hills Re

    Section Image
  • Samreen Arshad

    Buyer's Agent in 2023

    Samreen Arshad

    Keller Williams Seven Hills Re

    (513) 652-5292

    1 in this area

    23 Total Sales

    Samreen Arshad
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1819460

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45229 North Avondale

3640 Reading Rd, Cincinnati, OH

This home is located at 3640 Reading Rd, Cincinnati, OH 45229 and is currently priced at $390,000, approximately $100 per square foot. This property was built in 1900. 3640 Reading Rd is a home located in Hamilton County with nearby schools including South Avondale School, Clark Montessori High School, and Robert A. Taft Information Technology High School.

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