$399,900
PENDING

Estimated payment $2,469/month

Total Views 533
-- Bed
-- Bath
3,890 Sq Ft
$103 Price per Sq Ft

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!

Listing Agent

Denise Taylor

eXp Realty License #2003013365

eXp Realty

Co-Listing Agent

Steven Taylor

eXp Realty License #2015003828

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: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Avondale
  • Annual Assessment Amount: 0
  • Price Per Acre: 2468518.52
  • Year Built: 1900
  • Directions: South from Dana on Reading Road. Two blocks up on the left.
  • Lot Measurement: Acres
  • Status: Pending
  • Total Units: 4
  • Showing Start Date: 2024-09-26
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: At Closing
  • Second Floor Area: 1920
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Reciprocal Listing: No
  • Semi Annual Taxes: 1445.13
  • 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

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Size Sq Ft: 7057.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Total Buildings: 1

Map

Range of Values:

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Average Value
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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
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)

Similar Home in Cincinnati, OH

  • 3901 Dickson Ave, Cincinnati, OH 45229

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    • 10 Beds
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    • 5,288 Sq Ft
    • 3901 Dickson Ave
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    "Multi-family investment opportunity with upside potential! Sold 'as-is,' this property features 2 fully updated units, while offering renovation possibilities for the rest - notably a new roof will be needed. Perfect blend of instant income and future value-add projects."

    Africa A Wallace Keller Williams Distinctive RE

    Section Image

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1819460

MLS of Greater Cincinnati (CincyMLS)