NOT LISTED FOR SALE

3938 Hazel Ave Cincinnati, OH 45212

-- Bed
-- Bath
-- Sq Ft
8,756 Sq Ft Lot

Sale Details

Date Sold: May 24, 2024

Last sale price $370,000

About This Home

As of May 2024

Introducing a fantastic investment opportunity in Norwood! Walk to Rookwood, shopping & entertainment. This four unit building features one bedroom and one bath apartments. All units are occupied. Low maintenance brick exterior, glass block windows, 4 gas forced air furnaces (heat paid by tenants) & 4 car detached garage. Upside potential for increasing rental income to market rates. Professional property management available. Don't miss out on this chance to own a solid performing income producer. Current rents are well below market rates.

Last Agent to Sell the Property

Mark McGrath

Home Information Network, Inc. License #0000344295 Listed on: 03/26/2024

Co-Listed By

John McGrath

Home Information Network, Inc. License #2018001403

Last Buyer's Agent

Mark McGrath

Home Information Network, Inc. License #0000344295 Listed on: 03/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,242

Year Built

  • Built in 1910

Lot Details

  • 8,756

Parking

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

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Casement Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Porch
  • 8,756 Sq Ft Lot

Community Details

  • Insurance Expense $1,800
  • Water Sewer Expense $2,439
  • Gross Income $30,240
  • Net Operating Income $18,979

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,242

Year Built

Built in 1910

Lot Details

8,756 Sq Ft Lot

Parking

4

Listing Details

  • Suburb: Norwood
  • Cross Street: Williams Ave.
  • Broker Approved: Yes
  • Census Tract Realist: 256.00
  • Cooling: Window Unit
  • Heating: Gas, Forced Air
  • Lot Area Realist: 8756.00
  • Suburb S I C: Norwood
  • Price Per Acre: 1840796.02
  • Year Built: 1910
  • Appliance Include: 4 stoves, 4 refrigerators & 4 A/C
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Directions: Williams Ave to Hazel
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 18979.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 780
  • Heat Paid: Tenant
  • Lease Information: 3 are MTM, 1 thru 9/24
  • Reciprocal Listing: No
  • Semi Annual Taxes: 3121
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Casement
  • One Bedroom Rent: 630.00
  • One Bedroom Sq Ft: 700
  • One Bedroom Number of Units: 4

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Porch
  • Foundation: Poured
  • Listing Price: 355000.00
  • Acres: 0.2010
  • New Construction: No

Garage/Parking

  • Garage: Detached,Rear
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Lot, Off Street

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2439

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 6242

Schools

  • District: Norwood City SD

Lot Info

  • Lot Size Sq Ft: 8756.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 30240.00
  • Total Buildings: 1
  • Insurance: 1800.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $370,000 +4.2% --
03/27/2024 03/27/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $355,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,244 $90,479 $10,640 $79,839
2024 $6,223 $90,479 $10,640 $79,839
2023 $6,242 $90,479 $10,640 $79,839
2022 $4,259 $53,894 $10,231 $43,663
2021 $4,233 $53,894 $10,231 $43,663
2020 $4,063 $53,894 $10,231 $43,663
2019 $3,761 $46,459 $8,820 $37,639
2018 $3,776 $46,459 $8,820 $37,639
2017 $3,665 $46,459 $8,820 $37,639
2016 $3,856 $45,476 $8,113 $37,363
2015 $3,505 $45,476 $8,113 $37,363
2014 $3,483 $45,476 $8,113 $37,363
2013 $3,561 $49,431 $8,820 $40,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1800169

MLS of Greater Cincinnati (CincyMLS)
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