NOT LISTED FOR SALE
-- Bed
-- Bath
5,548 Sq Ft
2,396 Sq Ft Lot

Last Sold February 27, 2024

Last sale price $979,000 $176 Per Sq Ft

150 Days on Market

Highlights

  • City View
  • Storage
  • Coin Laundry
  • Walnut Hills High School Rated A+
  • Forced Air Heating and Cooling System
  • Privacy Fence

About This Home

As of February 2024

FOR SALE - Newly renovated 7-unit apartment building in the heart of Pendleton. Fully occupied building: 3 long term renters and 4 short term rental units. 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. 8 space not yet converted to apartment. Two years remaining on tax abatement. 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: 07/17/2023

Co-Listed By

Tim Trautmann

J.A. Trautmann Realty, Inc., W License #2007004222

Last Buyer's Agent

Not Member

NOTCINCYMEM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 1875

Lot Details

  • Privacy Fence

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Metal Roof

Interior Spaces

  • 5,548 Sq Ft Home
  • Storage
  • City Views
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $3,715
  • Maintenance Expense $2,404
  • Other Expense $21,207
  • Water Sewer Expense $1,490
  • Gross Income $99,347
  • Net Operating Income $62,847

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,424

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Suburb: City
  • Cross Street: Pendleton St
  • Degree Complete: Renovation
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 11.00
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump
  • Lot Area Realist: 2396.00
  • 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: 17800000.00
  • Year Built: 1875
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Drive south west on Reading Rd from Liberty St. Turn right On Pendleton St. Turn Right on 12th. Property located on left.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 7
  • Property Subtype 1: Apartment
  • Street Direction: E
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Storage Area
  • Net Operating Income: 62847.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 3699
  • Heat Paid: Tenant
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 2712
  • Waste Removal: 985
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Bldg Sq Ft (Realist): 5548.00
  • Windows: Wood
  • One Bedroom Rent: 1050.00
  • One Bedroom Sq Ft: 560
  • One Bedroom Number of Units: 7

Exterior Features

  • View: City
  • Roof: Metal
  • Construction: Brick
  • Outside Features: Privacy Fence
  • Foundation: Stone
  • Listing Price: 1099000.00
  • Acres: 0.0550
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1490

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 2404.00

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: irr
  • Lot Size Sq Ft: 2396.00

Multi Family

  • Gross Income: 99347.00
  • Other Expense: 21207
  • Total Buildings: 1
  • Insurance: 3715.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
02/27/2024 02/27/24 Sold $979,000 -10.9% $176 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $1,099,000 -2.3% $198 / Sq Ft
07/17/2023 07/17/23 For Sale $1,125,000 +21.2% $203 / Sq Ft
04/21/2022 04/21/22 Off Market $928,000 -- --
01/21/2022 01/21/22 Sold $928,000 +7.3% --
10/28/2021 10/28/21 Pending -- -- --
10/26/2021 10/26/21 For Sale -- -- --
10/25/2021 10/25/21 For Sale -- -- --
10/22/2021 10/22/21 For Sale -- -- --
10/19/2021 10/19/21 For Sale -- -- --
10/19/2021 10/19/21 For Sale $865,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1778407

MLS of Greater Cincinnati (CincyMLS)