3846 Reading Rd Cincinnati, OH 45229
North Avondale NeighborhoodHighlights
- No HOA
- Forced Air Heating System
- 1-minute walk to Mitchell Triangle
- Walnut Hills High School Rated A+
About This Home
As of May 2025This premier property features three large-footprint units,each offering 3 bedrooms and 1 bathroom. Fully occupied, it reflects stable tenancy with tenants on month-to-month leases, offering flexibility for new ownership. Each unit has its own private entrance. Tenants pay for electric and heating (with two furnaces and one boiler), while the landlord covers water expenses. Rents average only $0.80 per square foot, presenting an opportunity for rental increases. Zoned as 419 - Other Commercial Housing, this property allows for both residential and commercial uses. It also offers potential for owner-occupancy. Located in North Avondale.
Last Agent to Sell the Property
Tryfon Christoforou
3CRE Residential Advisors, LLC License #2021003683
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,020
Year Built
- Built in 1926
Parking
- 10 Open Parking Spaces
- 10 Car Garage
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Shingle Roof
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Radiant Heating System
- Separate Meters
Additional Features
- Basement Fills Entire Space Under The House
- 0.28 Acre Lot
Community Details
Overview
- No Home Owners Association
Building Details
- Insurance Expense $1,800
- Maintenance Expense $1,800
- Other Expense $600
- Water Sewer Expense $4,584
- Gross Income $34,800
- Net Operating Income $20,256
Ownership History
Purchase Details
Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $299,000 | 0.0% | -- |
| 04/17/2025 04/17/25 | Off Market | $299,000 | -- | -- |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 04/06/2025 04/06/25 | Off Market | $299,000 | -- | -- |
| 03/31/2025 03/31/25 | For Sale | $299,000 | 0.0% | -- |
| 03/20/2025 03/20/25 | Pending | -- | -- | -- |
| 03/17/2025 03/17/25 | Price Changed | $299,000 | 0.0% | -- |
| 03/17/2025 03/17/25 | For Sale | $299,000 | -12.1% | -- |
| 02/19/2025 02/19/25 | Off Market | $340,000 | -- | -- |
| 02/13/2025 02/13/25 | For Sale | $340,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $4,021 | $48,671 | $18,522 | $30,149 |
| 2023 | $4,010 | $48,671 | $18,522 | $30,149 |
| 2022 | $3,841 | $42,239 | $17,371 | $24,868 |
| 2021 | $3,770 | $42,239 | $17,371 | $24,868 |
| 2020 | $3,774 | $42,239 | $17,371 | $24,868 |
| 2019 | $3,748 | $38,749 | $15,936 | $22,813 |
| 2018 | $3,750 | $38,749 | $15,936 | $22,813 |
| 2017 | $3,632 | $38,749 | $15,936 | $22,813 |
| 2016 | $3,385 | $35,396 | $16,492 | $18,904 |
| 2015 | $3,111 | $35,396 | $16,492 | $18,904 |
| 2014 | $3,121 | $35,396 | $16,492 | $18,904 |
| 2013 | $3,194 | $36,117 | $16,828 | $19,289 |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1830813
APN: 110-0001-0073
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