$206,000
SOLD OCT 23, 2024

5233 Glenway Ave Cincinnati, OH 45238

West Price Hill Neighborhood
-- Bed
-- Bath
3,436 Sq Ft
7,318 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

21% Below List Price

25 Days on Market

Highlights

  • Storage
  • Walnut Hills High School Rated A+
  • Hot Water Heating System

About This Home

As of October 2024

Fantastic opportunity to acquire this 4 unit apartment building that offers an excellent investment opportunity for those with a vision. Situated in a prime location, the property has potential for renovation, allowing you to create a modern, high-yielding rental property. Despite needing some TLC, this building boasts a solid foundation and structure, providing a strong base for updates. With a little creativity and investment, you can transform this property into a desirable and highly profitable rental complex. This property offers significant value-add potential. No FHA, Sold As is'', leases are currently month to month.

Last Agent to Sell the Property

Marty Russell

eXp Realty License #2010002084 Listed on: 08/20/2024

eXp Realty

Last Buyer's Agent

Joshua Chapman

Hand In Hand Realty, LLC License #2020001103

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,606

Year Built

  • Built in 1959

Lot Details

  • 7,318 Sq Ft Lot
  • Lot Dimensions are 53x145

Parking

  • 6 Open Parking Spaces
  • 6 Car Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Membrane Roofing

Interior Spaces

  • 3,436 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • Storage
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts

Community Details

Overview

  • Glenway Ave Subdivision

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $4,800
  • Gross Income $28,800
  • Net Operating Income $16,298

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,606

Year Built

Built in 1959

Lot Details

0

Parking

6

Listing Details

  • Suburb: Covedale
  • Cross Street: Sidney Road
  • Broker Approved: Yes
  • Census Tract Realist: 107.00
  • Cooling: Window Unit
  • Heating: Gas, Hot Water
  • Lot Area Realist: 7318.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Covedale
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 1226190.48
  • Year Built: 1959
  • Appliance Include: 4 Ovens and 4 Refrigerators
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Suburb (SIC): Glenway Ave
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt, Storage Area
  • Net Operating Income: 16298.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 912
  • Heat Paid: Owner
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • Semi Annual Taxes: $2803
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 3436.00
  • Windows: Insulated, Double Hung, Vinyl
  • One Bedroom Rent: 600.00
  • One Bedroom Sq Ft: 859
  • One Bedroom Number of Units: 4

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 260000.00
  • Acres: 0.1680
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 6.00
  • Parking Spaces: 6
  • Parking: Lot, Off Street

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 4800

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 5606

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 53x145
  • Lot Size Sq Ft: 7318.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 28800.00
  • Total Buildings: 1
  • Insurance: 1200.00

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 List to Sale Price per Sq Ft Prior Sale
10/23/2024 10/23/24 Sold $206,000 -20.8% $60 / Sq Ft
09/18/2024 09/18/24 For Sale $260,000 0.0% $76 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $260,000 +271.4% $76 / Sq Ft
12/01/2014 12/01/14 Off Market $70,000 -- --
08/29/2014 08/29/14 Sold $70,000 -21.3% -- View Prior Sale
06/21/2014 06/21/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $89,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Marty Russell

    Seller's Agent in 2024

    Marty Russell

    eXp Realty

    (513) 545-1637

    2 in this area

    78 Total Sales

    Marty Russell
    Section Image

  • J

    Buyer's Agent in 2024

    Joshua Chapman

    Hand In Hand Realty, LLC

    (513) 814-2395

    4 in this area

    39 Total Sales

    Joshua Chapman
    Section Image
  • Dick Gilbert

    Seller's Agent in 2014

    Dick Gilbert

    Huff Realty

    (513) 598-3279

    7 in this area

    83 Total Sales

    Dick Gilbert
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1815584

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45238 West Price Hill

5233 Glenway Ave, Cincinnati, OH

This home is located at 5233 Glenway Ave, Cincinnati, OH 45238 and is currently priced at $206,000, approximately $59 per square foot. This property was built in 1959. 5233 Glenway Ave is a home located in Hamilton County with nearby schools including Covedale School, Gilbert A. Dater High School, and Western Hills High School.

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