$650,000
PENDING $50K PRICE DROP

Estimated payment $4,747/month

Total Views 8,963
-- Bed
-- Bath
8,004 Sq Ft
$81 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Forced Air Heating System

About This Home

Solid 9‑unit investment property offering 100% occupancy with tenant‑paid gas and electric, ensuring consistently low and predictable operating expenses. The building reflects responsible ownership with major capital improvements completed in recent years, including: * New roof installation * Fresh asphalt and parking lot upgrades * Balcony renovations * Basement waterproofing Updated units With a stable tenant base, strong rental history, and significant recent updates, this property stands out as a turnkey, low‑maintenance addition to any investment portfolio. Ideal for investors seeking reliable cash flow and minimized future capital needs.

Listing Agent

kamal istaphanous

Home Connections License #2007003337 Listed on: 05/04/2026

Home Connections

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,084

Year Built

  • Built in 1963

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Slate Roof

Interior Spaces

  • 8,004 Sq Ft Home
  • 3-Story Property
  • Sliding Windows
  • City Views
  • Partial Basement

Parking

  • Driveway
  • Parking Lot

Utilities

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

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $3,300
  • Maintenance Expense $12,000
  • Gross Income $80,400

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,084

Year Built

Built in 1963

Lot Details

5,998 Sq Ft Lot

Listing Details

  • Suburb: Cuyahoga
  • Cross Street: Langley
  • Broker Approved: Yes
  • Census Tract Realist: 1223.00
  • Cooling: Window Unit
  • E Q D Environ Qual Dst: 804
  • Heating: Forced Air
  • Lot Area Realist: 5998.00
  • Suburb S I C: Cuyahoga
  • Zoning: Multi Family
  • Year Built: 1963
  • Appliance Include: Yes
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: From I‑480: Exit Northfield Rd/Lee Rd (Exit 23) → turn north onto Lee Rd → property will be on the right.
  • Lot Measurement: Acres
  • Status: Pending
  • Total Units: 9
  • On Market Date: 2026-05-04
  • Property Subtype 1: Apartment
  • Occupancy: At Closing
  • Second Floor Area: 2668
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: Yes
  • E Q D Environ Qual Dis: 804
  • Heat Paid: Tenant
  • Lease Information: Yes
  • Reciprocal Listing: No
  • Semi Annual Taxes: $7042
  • Water Paid: Owner
  • Basement: Partial
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 8004.00
  • Windows: Aluminum, Slider
  • Two Bedroom Units: 9

Exterior Features

  • View: City
  • Roof: Slate
  • Construction: Brick, Other
  • Foundation: Block
  • Listing Price: 650000.00
  • Acres: 0.1377
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Asphalt, Lot, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 12000.00

Fee Information

  • Taxes: 14085

Schools

  • District: Cleveland Municipal

Lot Info

  • Lot Size Sq Ft: 5998.00

Rental Info

  • Sub Lease: No

Multi Family

  • Efficiency Rent: 80400.00
  • Efficiency Units: 9
  • Gross Income: 80400.00
  • Total Buildings: 1
  • Insurance: 3300.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $14,085 $135,940 $4,200 $131,740
2024 $14,030 $135,940 $4,200 $131,740
2023 $20,951 $122,190 $12,220 $109,970
2022 $7,819 $78,400 $7,840 $70,560
2021 $7,842 $78,400 $7,840 $70,560
2020 $7,277 $49,250 $4,200 $45,050
2019 $4,820 $140,700 $12,000 $128,700
2018 $4,832 $49,250 $4,200 $45,050
2017 $4,949 $48,730 $3,960 $44,770
2016 $4,952 $48,730 $3,960 $44,770
2015 $7,948 $48,730 $3,960 $44,770
2014 $8,352 $51,840 $4,200 $47,640
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
08/01/2026 08/01/26 Pending -- -- --
06/19/2026 06/19/26 Price Changed $650,000 -4.3% $81 / Sq Ft
06/02/2026 06/02/26 Price Changed $679,000 -3.0% $85 / Sq Ft
05/04/2026 05/04/26 For Sale $700,000 -- $87 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Purchase 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 Type Sale Price Title Company
Quit Claim Deed -- Ohio Real Title
Warranty Deed $370,000 Resource Title Agency
Warranty Deed $200,000 None Available
Quit Claim Deed $7,500 Executive Title Agency
Warranty Deed $135,000 Executive Title Agency
Interfamily Deed Transfer -- Stewart Title Agency Of Ohio
Certificate Of Transfer -- --
Deed -- --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $272,226 New Conventional
Previous Owner $296,000 Commercial
Previous Owner $150,000 Commercial
Previous Owner $32,500 Commercial
Previous Owner $105,000 Commercial
Source: Public Records

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1877963

MLS of Greater Cincinnati (CincyMLS)
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