$634,000

Estimated payment $3,808/month

-- Bed
-- Bath
2,294 Sq Ft
$276 Price per Sq Ft

Highlights

  • Newly Remodeled
  • Deck
  • Porch
  • Walnut Hills High School Rated A+
  • No HOA
  • Bay Window

About This Home

Turnkey + high-return in the heart of Oakley. This fully remodeled 3-family delivers beauty, stability, off street parking and incredible cash flow 9.5% cap rate. Perfect for investors or house-hackers: All three units feature new kitchens with granite, modern baths, updated lighting, and oversized windows flooding each space with natural light. Major updates: 3 new furnaces, 3 new water heaters, 5 new baths, new roof, new deck. Private off-street parking. the 1st-floor 2BR/2BA unit is already leased at $2,000/mo, while the 2BR/2BA 2nd-floor unit and 3rd-floor studio are vacant, giving you full freedom to choose which one you prefer unit or place your own tenants at market rent. Walkable Oakley location near new developments, shops, and dining. A rare, fully turnkey income property in one of Cincinnati's fastest-growing neighborhoods.

Listing Agent

Rich Thompson

OwnerLand Realty, Inc. License #2002001581 Listed on: 11/19/2025

OwnerLand Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 1913 | Newly Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Privacy Fence

Home Design

  • Poured Concrete
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 2,294 Sq Ft Home
  • 3-Story Property
  • Vinyl Clad Windows
  • Double Hung Windows
  • Bay Window
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 5 Open Parking Spaces
  • Private Parking
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts

Community Details

Overview

  • No Home Owners Association
  • Oakley Neighborhood Cincinnati Subdivision

Building Details

  • Insurance Expense $2,500
  • Water Sewer Expense $1,800
  • Gross Income $62,400
  • Net Operating Income $48,275

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,524

Year Built

Built in 1913 | Newly Remodeled

Lot Details

0

Listing Details

  • Suburb: Oakley
  • Cross Street: Robertson Av
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Smoke Alarm
  • Census Tract Realist: 53.01
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Lot Area Realist: 5227.00
  • Suburb S I C: Oakley
  • Price Per Acre: 5283333.33
  • Public Transportn: Metro
  • Zoning: Multi Family
  • Year Built: 1913
  • Appliance Include: 3 Fridges, 3 stoves, 2 micro, 2 wash/dry
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: 71N Exit 6, L OH-561 N/Edmondson Rd/Smith Rd,R Melrose Ave, R Robertson Ave, R Brownway Ave
  • Lot Measurement: Acres
  • Status: Active
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • Suburb (SIC): Oakley Neighborhood - Cincinnati
  • Occupancy: At Closing
  • Second Floor Area: 928
  • ADU Y/N: No
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt
  • Net Operating Income: 48275.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 4300.00
  • Heat Paid: Owner
  • Lease Information: First Floor on Lease
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • Semi Annual Taxes: $2762
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 2294.00
  • Windows: Bay, Vinyl, Double Hung
  • Two Bedroom Rent: 2000.00
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle, Membrane
  • Construction: Vinyl Siding
  • Outside Features: Deck, Porch, Privacy Fence
  • Foundation: Poured
  • Listing Price: 634000.00
  • Acres: 0.1200
  • New Construction: Yes

Garage/Parking

  • Garage: None
  • Parking Spaces: 5
  • Parking: Off Street, Onstreet, Private, Gravel

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes
  • Water and Sewer: 1800.00

Condo/Co-op/Association

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

Fee Information

  • Taxes: 5525

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Size Sq Ft: 5227.00

Rental Info

  • Sub Lease: No

Multi Family

  • Efficiency Rent: 1200.00
  • Efficiency Units: 1
  • Gross Income: 62400.00
  • Total Buildings: 1
  • Insurance: 2500.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
11/19/2025 11/19/25 For Sale $634,000 +199.1% $276 / Sq Ft
08/25/2020 08/25/20 Off Market $212,000 -- --
05/26/2020 05/26/20 Sold $212,000 -9.8% $103 / Sq Ft View Prior Sale
03/27/2020 03/27/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $235,000 -- $114 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1862498

MLS of Greater Cincinnati (CincyMLS)

APN: 050-0002-0091-00