$489,000
PENDING $71K PRICE DROP

502 Riddle Rd Cincinnati, OH 45220

Clifton Neighborhood

Estimated payment $3,076/month

Total Views 4,251
-- Bed
-- Bath
2,949 Sq Ft
$166 Price per Sq Ft

Highlights

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

About This Home

Located steps from campus, this fully leased multifamily property combines convenience, comfort, and strong investment performance. Designed for today's students, each unit offers spacious living areas, updated interiors, and easy access to local amenities. A rare opportunity to own a high-demand student housing asset in one of the area's most sought-after rental corridors.

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
  • 3-Story Property
  • 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
  • Census Tract Realist: 29.02
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Lot Area Realist: 5706.00
  • Suburb S I C: Clifton
  • Price Per Acre: 3732824.43
  • 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: Pending
  • 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: 489000.00
  • 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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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
11/26/2025 11/26/25 Pending -- -- --
11/17/2025 11/17/25 Price Changed $489,000 -5.8% $166 / Sq Ft
10/27/2025 10/27/25 Price Changed $519,000 -5.5% $176 / Sq Ft
10/14/2025 10/14/25 Price Changed $549,000 -2.0% $186 / Sq Ft
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

Pending

MultiFamily

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