NOT LISTED FOR SALE

5409 Carthage Ave Cincinnati, OH 45212

Studio
-- Bath
2,187 Sq Ft
10,585 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $485,000 $222 Per Sq Ft

4 Days on Market

Highlights

  • 0.24 Acre Lot
  • Coin Laundry
  • 4-minute walk to Hunter Park
  • 2 Car Detached Garage

About This Home

As of July 2021

Nice and very well maintained 10 units. Two family in front with a brick 8 unit built on to the rear. Very nice set up. Close to Retail, Shopping, Hospitals etc.. 100% occupied with happy tenants. Nothing to do but collect rents. 2-2 bedrooms and 8-1 bedrooms. Seller paid heat and water. Tenants pay their own electric. Very good and stable long term investment property.

Last Agent to Sell the Property

Rick Louallen

Coldwell Banker Realty License #0000365995 Listed on: 05/21/2021

Coldwell Banker Realty

Last Buyer's Agent

Rick Louallen

Coldwell Banker Realty License #0000365995 Listed on: 05/21/2021

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,556

Year Built

  • Built in 1960

Lot Details

  • 10,585

Parking

  • 2 Car Detached Garage
  • 8 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,187 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Coin Laundry
  • Gross Income $78,900

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,556

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Suburb: Norwood
  • Cross Street: Quatman Ave.
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 252.00
  • Cooling: Wall Unit
  • Heating: Gas
  • Lot Area Realist: 10585.00
  • Suburb S I C: Norwood
  • Price Per Acre: 1995884.77
  • Year Built: 1960
  • Appliance Include: Stoves, refrigerators, A/C units,...
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Turn right onto Northcutt Ave. Continue onto Worth Ave Turn left onto Carthage Ave. Destination will be on the left.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 10
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Second Floor Area: 972
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: No
  • Heat Paid: Owner
  • Lease Information: Varied.
  • Reciprocal Listing: No
  • School Name1: Call SD 513-396-5520
  • Semi Annual Taxes: 5,278
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 2187.00
  • Windows: Insulated
  • One Bedroom Number of Units: 8
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 475000.00
  • Acres: 0.2430
  • New Construction: No

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 2.00
  • Parking Spaces: 8
  • Parking: Private, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Norwood City SD

Lot Info

  • Lot Dimensions: 68 x 173
  • Lot Size Sq Ft: 10585.00

Multi Family

  • Gross Income: 78900.00
  • Total Buildings: 2
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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
11/10/2021 11/10/21 Off Market $485,000 -- --
07/30/2021 07/30/21 Sold $485,000 +2.1% $222 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $475,000 +18.8% $217 / Sq Ft
10/23/2018 10/23/18 Off Market $400,000 -- --
07/24/2018 07/24/18 Sold $400,000 -0.7% $183 / Sq Ft View Prior Sale
06/06/2018 06/06/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $403,000 0.0% $184 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
03/17/2018 03/17/18 For Sale $403,000 -- $184 / Sq Ft
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 $10,411 $150,931 $15,117 $135,814
2024 $10,377 $150,931 $15,117 $135,814
2023 $10,409 $150,931 $15,117 $135,814
2022 $13,380 $169,751 $14,613 $155,138
2021 $10,996 $140,001 $14,613 $125,388
2020 $10,556 $140,001 $14,613 $125,388
2019 $11,316 $140,001 $12,597 $127,404
2018 $6,698 $82,443 $12,597 $69,846
2017 $6,497 $82,443 $12,597 $69,846
2016 $7,016 $82,776 $12,919 $69,857
2015 $6,382 $82,776 $12,919 $69,857
2014 $6,338 $82,776 $12,919 $69,857
2013 $6,478 $89,975 $14,042 $75,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1701444

MLS of Greater Cincinnati (CincyMLS)