5206 Montgomery Rd Cincinnati, OH 45212
Norwood AreaEstimated payment $3,683/month
About This Home
This offering consists of 9 studio units featuring a mix of market-rate and subsidized tenants. Four units have been fully renovated, while two units include partially subsidized rents, providing a balance of upside potential and stable, reliable income. Each unit is separately metered for electric and gas, allowing for efficient utility management and reduced owner expenses.
Listing Agent
3CRE Residential Advisors, LLC License #2021003683 Listed on: 07/07/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,016
Year Built
- Built in 1941
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- On-Street Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Poured Concrete
- Membrane Roofing
Interior Spaces
- 3-Story Property
- Vinyl Clad Windows
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Radiant Heating System
- Separate Meters
- Gas Available at Street
Community Details
Overview
- No Home Owners Association
Building Details
- Insurance Expense $3,282
- Maintenance Expense $5,584
- Other Expense $7,222
- Water Sewer Expense $5,400
- Gross Income $83,184
- Net Operating Income $46,220
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,648 | $110,250 | $23,940 | $86,310 |
| 2023 | $7,646 | $110,250 | $23,940 | $86,310 |
| 2022 | $8,735 | $110,251 | $23,020 | $87,231 |
| 2021 | $8,659 | $110,251 | $23,020 | $87,231 |
| 2020 | $3,888 | $51,563 | $23,020 | $28,543 |
| 2019 | $3,622 | $44,450 | $19,845 | $24,605 |
| 2018 | $3,636 | $44,450 | $19,845 | $24,605 |
| 2017 | $3,552 | $44,450 | $19,845 | $24,605 |
| 2016 | $5,144 | $60,435 | $18,256 | $42,179 |
| 2015 | $4,659 | $60,435 | $18,256 | $42,179 |
| 2014 | $4,649 | $60,435 | $18,256 | $42,179 |
| 2013 | $4,656 | $65,692 | $19,845 | $45,847 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/07/2026 07/07/26 | For Sale | $555,000 | +337.0% | -- | |
| 08/02/2015 08/02/15 | Off Market | $127,000 | -- | -- | |
| 04/30/2015 04/30/15 | Sold | $127,000 | -8.6% | -- | View Prior Sale |
| 03/06/2015 03/06/15 | Pending | -- | -- | -- | |
| 07/12/2014 07/12/14 | For Sale | $139,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $315,000 | None Available | |
| Warranty Deed | $127,000 | Attorney | |
| Warranty Deed | $350,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $252,000 | New Conventional | |
| Previous Owner | $101,600 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $125,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $584,400 | Commercial | |
| Previous Owner | $350,000 | Commercial | |
| Previous Owner | $238,307 | Commercial |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1885830
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