NOT LISTED FOR SALE
Studio
-- 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
  • Wood Frame Window
  • Forced Air Heating and Cooling System
  • Walnut Hills High School Rated A+
  • Storage
  • Coin Laundry

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
  • 3-Story Property
  • Non-Functioning Fireplace
  • Wood Frame Window
  • 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
  • Suburb S I C: City
  • 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
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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 Prior Sale
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% -- View Prior Sale
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

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 $11,627 $140,137 $33,796 $106,341
2024 $3,537 $140,137 $33,796 $106,341
2023 $3,528 $140,137 $33,796 $106,341
2022 $2,545 $141,957 $15,589 $126,368
2021 $2,348 $141,957 $15,589 $126,368
2020 $2,351 $141,957 $15,589 $126,368
2019 $2,036 $113,565 $12,471 $101,094
2018 $2,037 $113,565 $12,471 $101,094
2017 $1,972 $113,565 $12,471 $101,094
2016 $1,178 $12,251 $10,952 $1,299
2015 $1,083 $12,251 $10,952 $1,299
2014 $1,087 $12,251 $10,952 $1,299
2013 $425 $4,722 $651 $4,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1778407

MLS of Greater Cincinnati (CincyMLS)