407 Elm St Cincinnati, OH 45238
Central Delhi NeighborhoodEstimated payment $1,923/month
About This Home
Attention investors and owner occupants! Don't miss this great and solid performer in Delhi! This spacious duplex has Unit 1 as a 3 bed, 1 bath and Unit 2 is 4 bed, 1 bath! Property exceeds the 1% rule and currently has 2 tenants that pay on time. This property has been lovingly cared for with a renovation last year and plumbing, electric, flooring and window repairs made in the last few months. Roof 1 year old, HVAC 12 years old and water heater is 4 years old and recently updated electric Large off street parking behind property. Nothing left to do but purchase this awesome investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,904
Year Built
- Built in 1920
Lot Details
- 7,275 Sq Ft Lot
Parking
- 4 Open Parking Spaces
- 2 Car Garage
- Off-Street Parking
Home Design
- Stone Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 2,389 Sq Ft Home
- 2-Story Property
- Vinyl Clad Windows
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Gross Income $38,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,905 | $63,886 | $8,859 | $55,027 |
| 2023 | $3,846 | $63,886 | $8,859 | $55,027 |
| 2022 | $2,052 | $30,241 | $7,921 | $22,320 |
| 2021 | $2,049 | $30,241 | $7,921 | $22,320 |
| 2020 | $2,029 | $30,241 | $7,921 | $22,320 |
| 2019 | $1,955 | $26,069 | $6,829 | $19,240 |
| 2018 | $1,955 | $26,069 | $6,829 | $19,240 |
| 2017 | $1,793 | $26,069 | $6,829 | $19,240 |
| 2016 | $2,255 | $32,551 | $7,151 | $25,400 |
| 2015 | $2,227 | $32,551 | $7,151 | $25,400 |
| 2014 | $2,227 | $32,551 | $7,151 | $25,400 |
| 2013 | $2,209 | $34,266 | $7,529 | $26,737 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $299,900 | +3.4% | $126 / Sq Ft |
| 06/16/2025 06/16/25 | For Sale | $289,900 | 0.0% | $121 / Sq Ft |
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | Price Changed | $289,900 | -3.3% | $121 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $299,900 | +53.8% | $126 / Sq Ft |
| 09/16/2024 09/16/24 | Sold | $195,000 | -22.0% | $82 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $249,900 | -- | $105 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $195,000 | None Listed On Document | |
| Warranty Deed | $175,000 | Rapid Title | |
| Warranty Deed | $120,000 | None Listed On Document | |
| Warranty Deed | $137,000 | None Listed On Document | |
| Executors Deed | $40,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $146,250 | New Conventional | |
| Previous Owner | $50,150 | Stand Alone Second | |
| Closed | $0 | No Value Available |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1853659
APN: 540-0041-0311
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