$385,000
SOLD APR 9, 2025

3931 E Gatewood Ln Cincinnati, OH 45236

-- Bed
-- Bath
-- Sq Ft
9,975 Sq Ft Lot

Recently Sold

3% Above List Price

7 Days on Market

About This Home

As of April 2025

Strong rental history with this income producing property! This 4 family features two 2 BR and two 1 BR apartments. Smart investment opportunity! Unlock the potential in this brick four family, featuring 4 car garage, on site laundry, insulated windows and tenant paid heat. Whether you're expanding your portfolio or a first time investor, this property provides stability and long term income. Enjoy steady rental income or live in one unit while leasing the others; an ideal strategy for offsetting expenses. With low maintenance features and a desirable location that attracts tenants, this is a turnkey opportunity you won't want to miss. Invest in your future! Separate electric and tenants pay their own heat! Easy to own and easy to manage.

Last Agent to Sell the Property

Mark McGrath

Home Information Network, Inc. License #0000344295 Listed on: 03/07/2025

Co-Listed By

Judith Warren

Home Information Network, Inc. License #2024000416

Last Buyer's Agent

Jeanette Pantanella

RE/MAX Preferred Group License #2024005222

RE/MAX Preferred Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 9,975 Sq Ft Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Heating System
  • Baseboard Heating

Community Details

  • Silverton Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

9,975 Sq Ft Lot

Parking

4

Listing Details

  • Suburb: Silverton
  • Cross Street: Ohio Ave.
  • Broker Approved: Yes
  • Census Tract Realist: 238.00
  • Cooling: Window Unit, Wall Unit
  • Heating: Baseboard, Individual, Electric, Radiant
  • Lot Area Realist: 9975.00
  • Suburb S I C: Silverton
  • Price Per Acre: 1681222.71
  • Year Built: 1957
  • Appliance Include: 4 stoves, 4 refrigerators
  • Directions: Montgomery Rd to Ohio Ave. to E. Gatewood
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • Street Direction: E
  • StructureType: Quad
  • Suburb (SIC): Silverton
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Reciprocal Listing: No
  • Semi Annual Taxes: $0
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Vinyl, Insulated
  • One Bedroom Rent: 785.00
  • One Bedroom Sq Ft: 650
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 860.00
  • Two Bedroom Sq Ft: 750
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 375000.00
  • Acres: 0.2290
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Off Street

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: 9975.00

Multi Family

  • Total Buildings: 1
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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
04/11/2025 04/11/25 Off Market $385,000 -- --
04/09/2025 04/09/25 Sold $385,000 +2.7% --
03/14/2025 03/14/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $375,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

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
2025 $6,818 $80,500 $10,640 $69,860
2024 $6,526 $80,500 $10,640 $69,860
2023 $6,509 $80,500 $10,640 $69,860
2022 $5,160 $56,109 $10,231 $45,878
2021 $5,113 $56,109 $10,231 $45,878
2020 $5,058 $56,109 $10,231 $45,878
2019 $4,782 $48,370 $8,820 $39,550
2018 $4,799 $48,370 $8,820 $39,550
2017 $4,670 $48,370 $8,820 $39,550
2016 $3,335 $33,600 $8,820 $24,780
2015 $3,072 $33,600 $8,820 $24,780
2014 $3,081 $33,600 $8,820 $24,780
2013 $3,020 $33,600 $8,820 $24,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1833084

MLS of Greater Cincinnati (CincyMLS)
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