$710,000
SOLD NOV 4, 2024
-- Bed
-- Bath
3,348 Sq Ft
1,873 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

5% Below List Price

12 Days on Market

Highlights

  • City View
  • Patio
  • Forced Air Heating and Cooling System
  • Walnut Hills High School Rated A+
  • Storage
  • 5-minute walk to Ziegler Park

About This Home

As of November 2024

Investment opportunity; newly renovated, 3-unit apartment building in the heart of Pendleton. Redeveloped in 2022 (roof, HVAC, appliances, electric, etc) Fully occupied building: 1 long term renter and 2 short term rentals. Outdoor patio for all the Tenants to enjoy. High demand location as it is walkable to Casino, stadiums, venues, bars, restaurants, businesses and more. Be a part of the renaissance in Cincy and add this incredibly maintained property to your portfolio. Tens of millions of investments taking place within blocks of this property. Tax abated. Easily accessible from I-471,I-71/75 and Gilbert Ave

Last Agent to Sell the Property

Ben Trautmann

J.A. Trautmann Realty, Inc., W License #2014001683 Listed on: 09/06/2024

Last Buyer's Agent

Austin Long

Keller Williams Advisors License #2021002431

Keller Williams Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,200

Year Built

  • Built in 1865

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation
  • Membrane Roofing

Interior Spaces

  • 3,348 Sq Ft Home
  • Storage
  • City Views
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • Public Parking
  • Private Parking
  • On-Street Parking

Utilities

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

Additional Features

  • Patio
  • 1,873 Sq Ft Lot

Community Details

  • Insurance Expense $3,173
  • Other Expense $37,198
  • Gross Income $102,484
  • Net Operating Income $49,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,200

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Suburb: City
  • Broker Approved: Yes
  • Miscellaneous: Individual Laundry, Smoke Alarm
  • Basement Sq Ft: 1116
  • Census Tract Realist: 11.00
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 1873.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: City
  • Annual Assessment Amount: Of record
  • Price Per Acre: 16511627.91
  • Year Built: 1865
  • Appliance Include: Wash/dry, Stove/oven, dishwasher, fridge
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • Street Direction: E
  • StructureType: Triplex
  • Occupancy: Tenant Right
  • Second Floor Area: 2232
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage Area
  • Net Operating Income: 49370.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 5355
  • Heat Paid: Tenant
  • Lease Information: 1-long term renter, 2-short term rentals
  • Reciprocal Listing: No
  • Semi Annual Taxes: $3600
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Bldg Sq Ft (Realist): 3348.00
  • Windows: Wood
  • One Bedroom Sq Ft: 771
  • One Bedroom Number of Units: 2
  • Three+ Bedroom Sq Ft: 1556
  • Three+ Bedroom Units: 1

Exterior Features

  • View: City
  • Roof: Membrane
  • Construction: Brick, Stone
  • Outside Features: Patio
  • Foundation: Stone
  • Listing Price: 749000.00
  • Acres: 0.0430
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Private, Public, Onstreet

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 7200

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Size Sq Ft: 1873.00

Multi Family

  • Gross Income: 102484.00
  • Other Expense: 37198
  • Total Buildings: 1
  • Insurance: 3173.00

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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
05/09/2025 05/09/25 For Rent $1,525 0.0% --
11/04/2024 11/04/24 Sold $710,000 -5.2% $212 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $749,000 0.0% $224 / Sq Ft
01/24/2022 01/24/22 Off Market $1,245 -- --
12/21/2021 12/21/21 Off Market $1,195 -- --
10/19/2021 10/19/21 Rented -- -- --
10/19/2021 10/19/21 Rented $1,245 +4.2% --
09/30/2021 09/30/21 Under Contract -- -- --
09/26/2021 09/26/21 For Rent -- -- --
09/22/2021 09/22/21 For Rent $1,195 0.0% --
09/22/2021 09/22/21 Rented -- -- --
09/22/2021 09/22/21 Rented $1,195 -7.7% --
09/13/2021 09/13/21 Under Contract -- -- --
08/02/2021 08/02/21 For Rent $1,295 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1816984

MLS of Greater Cincinnati (CincyMLS)

APN: 075-0003-0121-00