$560,000

502 Riddle Rd Cincinnati, OH 45220

Clifton Neighborhood

Estimated payment $3,463/month

-- Bed
-- Bath
2,949 Sq Ft
$190 Price per Sq Ft

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • Walnut Hills High School Rated A+

About This Home

A rare opportunity to acquire a turnkey student housing portfolio in the heart of Clifton. This six-building, eighteen-unit package produces over $369,000 in annual gross rent and has a proven track record of consistent performance. The portfolio is offered at 3.99 million and features a mix of stabilized multi-family buildings and a single-family residence, strategically clustered along Fairview Avenue, West Clifton Avenue, Warner Street, and Riddle Road. This prime UC location offers unmatched demand, built-in management efficiencies, and long-term appreciation potential. With immediate cash flow and strong future upside, this is an exceptional opportunity for investors seeking scale, stability, and growth in one of Cincinnati's most sought-after rental markets. Seller will entertain individual sales, smaller packages OR one big package and sell this portfolio with the OTR portfolio

Listing Agent

JULZ BROWN

Comey & Shepherd License #0000437219 Listed on: 09/18/2025

Comey & Shepherd

Co-Listing Agent

Michael Tekulve

TREO REALTORS License #2006006116

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,072

Year Built

  • Built in 1908

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 40 x 140

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,949 Sq Ft Home
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,996
  • Maintenance Expense $352
  • Water Sewer Expense $2,749
  • Gross Income $54,012
  • Net Operating Income $42,843

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,072

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Suburb: Clifton
  • Broker Approved: Yes
  • Miscellaneous: Cable TV, Smoke Alarm
  • Basement Sq Ft: 1189
  • Census Tract Realist: 29.02
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Lot Area Realist: 5706.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Clifton
  • Annual Assessment Amount: $12.40
  • Price Per Acre: 4274809.16
  • Zoning: Multi Family
  • Year Built: 1908
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: MLK to Riddle
  • Lot Measurement: Acres
  • Status: Active
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • Occupancy: Tenant Right
  • Second Floor Area: 1189
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 42843.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • Semi Annual Taxes: $3036
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 2949.00
  • Windows: Vinyl
  • One Bedroom Rent: 1110.00
  • One Bedroom Sq Ft: 812
  • One Bedroom Number of Units: 1
  • Two Bedroom Rent: 1695.00
  • Two Bedroom Sq Ft: 853
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Porch
  • Foundation: Stone
  • Listing Price: 560000.00
  • Acres: 0.1310
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes
  • Water and Sewer: 2749.00

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 352.00

Fee Information

  • Taxes: 6073

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 40 x 140
  • Lot Size Sq Ft: 5706.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 54012.00
  • Total Buildings: 1
  • Insurance: 1996.00

Map

Range of Values:

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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 Change Sq Ft Price
09/18/2025 09/18/25 For Sale $560,000 -- $190 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1855651

MLS of Greater Cincinnati (CincyMLS)

APN: 101-0004-0057-00

Ohio Hamilton County Cincinnati 45220 Clifton

502 Riddle Rd, Cincinnati, OH

This home is located at 502 Riddle Rd, Cincinnati, OH 45220 and is currently priced at $560,000, approximately $189 per square foot. This property was built in 1908. 502 Riddle Rd is a home located in Hamilton County with nearby schools including Clifton Area Neighborhood School, Robert A. Taft Information Technology High School, and Gilbert A. Dater High School.

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JULZ BROWN
Listing Agent
JULZ BROWN
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Comey & Shepherd
(513) 224-6992