$469,000
SOLD FEB 5, 2025

3929 Spencer Ave Cincinnati, OH 45212

-- Bed
-- Bath
3,720 Sq Ft
7,579 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

6% Below List Price

2 Days on Market

Highlights

  • Deck
  • Balcony
  • Porch
  • No HOA
  • Wood Frame Window
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

Welcome to this turnkey, fully updated 3-unit multifamily property in the sought-after neighborhood of Norwood. This stunning investment opportunity is perfect for both seasoned investors and those looking to live in one unit while renting out the others. With modern finishes, brand-new systems, and a spacious 2-car garage, this property offers exceptional value in a prime location. Unit 1 & Unit 3 are both completely renovated -- Unit 2 has several great updates! Perfect Owner Occupant Property. Plenty of Off Street Parking. New Windows Throughout.

Last Agent to Sell the Property

Drew Homan

Coldwell Banker Realty License #2013002701 Listed on: 01/17/2025

Coldwell Banker Realty

Co-Listed By

Ingrid Likes

Coldwell Banker Realty License #2009000980

Last Buyer's Agent

Tracy Tomer

RE/MAX Preferred Group License #2001012900

RE/MAX Preferred Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,422

Year Built

  • Built in 1915

Lot Details

  • 7,579 Sq Ft Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Vinyl Clad Windows
  • Wood Frame Window
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,422

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Suburb: Norwood
  • Broker Approved: Yes
  • Miscellaneous: Smoke Alarm
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Suburb S I C: Norwood
  • Price Per Acre: 2695402.30
  • Year Built: 1915
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • Occupancy: Negotiable
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Reciprocal Listing: No
  • Semi Annual Taxes: $3211
  • Basement: Full
  • Levels: Three
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Windows: Vinyl, Wood
  • One Bedroom Number of Units: 1
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Deck, Porch, Balcony
  • Foundation: Block
  • Listing Price: 499900.00
  • Acres: 0.1740
  • New Construction: No

Garage/Parking

  • Garage: Rear,Detached
  • Garage Spaces: 2.00
  • Parking: Driveway, Garage

Utilities

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

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 6423

Schools

  • District: Norwood City SD

Lot Info

  • Lot Size Sq Ft: 7579.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No

Multi Family

  • Total Buildings: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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 List to Sale Price per Sq Ft Prior Sale
02/05/2025 02/05/25 Sold $469,000 -6.2% $126 / Sq Ft
01/19/2025 01/19/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $499,900 +45.0% $134 / Sq Ft
09/28/2022 09/28/22 Off Market $344,700 -- --
06/27/2022 06/27/22 Sold $344,700 -1.4% $93 / Sq Ft View Prior Sale
05/31/2022 05/31/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $349,500 0.0% $94 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $349,500 +24.8% $94 / Sq Ft
05/02/2021 05/02/21 Off Market $280,000 -- --
02/01/2021 02/01/21 Sold $280,000 -5.1% $75 / Sq Ft View Prior Sale
01/12/2021 01/12/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $295,000 +34.1% $79 / Sq Ft
12/25/2017 12/25/17 Off Market $220,000 -- --
09/22/2017 09/22/17 Sold $220,000 -3.9% $59 / Sq Ft View Prior Sale
08/21/2017 08/21/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $229,000 -- $62 / 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: 1828472

MLS of Greater Cincinnati (CincyMLS)

APN: 651-0039-0096-00