NOT LISTED FOR SALE

43 Phillips Ave Cincinnati, OH 45217

6 Beds
4 Baths
-- Sq Ft
4,748 Sq Ft Lot

Last Sold August 04, 2023

Last sale price $427,500

70 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Wood Fence
  • 3-minute walk to Ludlow Park
  • 4 Car Garage

About This Home

As of August 2023

New Price! Financials attached 9.4% Cap rate. 5-unit residential apt building in St.Bernard, steps away from Ludlow Park. 4 out of 5 units renovated in 2021, rented immediately w/ multiple applicants. Spacious units featuring hardwood floors, garage parking, a 1st-floor laundry room, and a private garden in the rear for tenant enjoyment. Value add opportunity to finish efficiency unit on 1st floor - rent $525p/m. Disclosure: 1st showing date July 20th > seller is an agent

Last Agent to Sell the Property

Josh Goodwin

Coldwell Banker Realty License #2018001589 Listed on: 05/04/2023

Coldwell Banker Realty

Last Buyer's Agent

Ben Freimuth

Comey & Shepherd License #2016004681

Comey & Shepherd

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,698

Year Built

  • Built in 1962

Lot Details

  • 4,748 Sq Ft Lot
  • Wood Fence

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • 220 Volts

Additional Features

  • 3-Story Property
  • Enclosed Patio or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,698

Year Built

Built in 1962

Lot Details

4,748 Sq Ft Lot

Parking

4

Listing Details

  • Suburb: St. Bernard
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 258.00
  • Cooling: Window Unit
  • Heating: Gas, Heat Pump
  • Lot Area Realist: 4748.00
  • Suburb S I C: St. Bernard
  • Price Per Acre: 3922018.35
  • Year Built: 1962
  • School 1 Type: District Phone
  • Directions: Traveling North on Vine Street turn left onto Phillips Avenue. The property is located 600 feet down the street on the left.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 5
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt
  • Property Type: Residential Income
  • Other Features: Corp Owned
  • Reciprocal Listing: No
  • School Name1: Call SD 513-482-7121
  • Semi Annual Taxes: 1849
  • Basement: None
  • Levels: Three
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Aluminum
  • One Bedroom Number of Units: 2
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Patio, Wood Fence, Enclosed Patio, Enclosed Porch
  • Foundation: Poured
  • Listing Price: 427500.00
  • Acres: 0.1090
  • New Construction: No

Garage/Parking

  • Garage: Built in,Front
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Lot, Garage

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: St Bernard Elmwood P

Lot Info

  • Lot Dimensions: .1090
  • Lot Size Sq Ft: 4748.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Efficiency Units: 1
  • 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 Prior Sale
01/28/2024 01/28/24 Off Market $427,500 -- --
08/04/2023 08/04/23 Sold $427,500 -0.3% --
07/19/2023 07/19/23 Pending -- -- --
07/17/2023 07/17/23 Price Changed $429,000 0.0% --
07/17/2023 07/17/23 For Sale $429,000 +0.4% --
06/19/2023 06/19/23 Off Market $427,500 -- --
05/11/2023 05/11/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $450,000 +32.4% --
10/25/2022 10/25/22 Off Market $340,000 -- --
07/27/2022 07/27/22 Sold $340,000 +2.7% -- View Prior Sale
06/07/2022 06/07/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $331,000 -- --
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 $9,464 $119,000 $9,240 $109,760
2024 $9,345 $119,000 $9,240 $109,760
2023 $9,521 $119,000 $9,240 $109,760
2022 $3,549 $34,405 $8,890 $25,515
2021 $3,382 $34,405 $8,890 $25,515
2020 $3,269 $34,405 $8,890 $25,515
2019 $3,300 $32,456 $8,386 $24,070
2018 $3,348 $32,456 $8,386 $24,070
2017 $3,177 $32,456 $8,386 $24,070
2016 $3,685 $38,500 $8,820 $29,680
2015 $3,481 $38,500 $8,820 $29,680
2014 $3,446 $38,500 $8,820 $29,680
2013 $4,232 $48,339 $8,820 $39,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1771060

MLS of Greater Cincinnati (CincyMLS)
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