$426,835
SOLD MAY 7, 2025

5617 Kirby Ave Cincinnati, OH 45239

Mount Airy Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Recently Sold

19% Below List Price

15 Days on Market

Highlights

  • No HOA
  • Walnut Hills High School Rated A+
  • Hot Water Heating System

About This Home

As of May 2025

Fully rented 6-unit property in Mt. Airy with a 9.1% cap rate. Three units are long-term rentals, while three operate as Airbnbs, maximizing income potential. The property brings in $7,885/month in gross rents with low expenses. Unit mix includes 5 one-bedrooms and 1 three-bedroom. Solid construction, built with concrete floors and ceilings. Additional income from coin laundry, plus a spacious parking lot for tenants. Owner covers boiler heat, water, and house electric. Turnkey investment with stable returns.

Last Agent to Sell the Property

Andrew Kroeger

Keller Williams Advisors License #2022007696 Listed on: 03/07/2025

Keller Williams Advisors

Co-Listed By

Adam Curry

Keller Williams Advisors License #2014003970

Last Buyer's Agent

Vickie Chi

Keller Williams Advisors License #2020008773

Keller Williams Advisors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,352

Year Built

  • Built in 1968

Parking

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

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Membrane Roofing

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • No Home Owners Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,352

Year Built

Built in 1968

Lot Details

0

Parking

6

Listing Details

  • Suburb: Mt. Airy
  • Broker Approved: Yes
  • Census Tract Realist: 83.00
  • Cooling: Window Unit
  • Heating: Gas, Hot Water
  • Lot Area Realist: 13155.00
  • Suburb S I C: Mt. Airy
  • Price Per Acre: 1413360.93
  • Year Built: 1968
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 6
  • Property Subtype 1: Apartment
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: No
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • Semi Annual Taxes: $3176
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Windows: Aluminum, Vinyl, Other
  • One Bedroom Number of Units: 5

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 525000.00
  • Acres: 0.3020
  • New Construction: No

Garage/Parking

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

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 6352

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Size Sq Ft: 13155.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No

Multi Family

  • Total Buildings: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
05/07/2025 05/07/25 Sold $426,835 -18.7% --
03/22/2025 03/22/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $525,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $6,372 $77,200 $16,170 $61,030
2023 $6,356 $77,200 $16,170 $61,030
2022 $3,649 $40,075 $15,582 $24,493
2021 $3,579 $40,075 $15,582 $24,493
2020 $3,583 $40,075 $15,582 $24,493
2019 $3,660 $37,807 $14,700 $23,107
2018 $3,662 $37,807 $14,700 $23,107
2017 $3,546 $37,807 $14,700 $23,107
2016 $3,186 $33,264 $12,936 $20,328
2015 $2,928 $33,264 $12,936 $20,328
2014 $2,938 $33,264 $12,936 $20,328
2013 $3,345 $37,800 $14,700 $23,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Andrew Kroeger

    Keller Williams Advisors

    (614) 572-4415

    2 in this area

    22 Total Sales

    Andrew Kroeger
    Section Image
  • Adam Curry

    Seller Co-Listing Agent in 2025

    Adam Curry

    Keller Williams Advisors

    (513) 297-2475

    2 in this area

    55 Total Sales

    Adam Curry
    Section Image

  • V

    Buyer's Agent in 2025

    Vickie Chi

    Keller Williams Advisors

    (513) 225-8883

    1 in this area

    92 Total Sales

    Vickie Chi
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1832740

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45239 Mount Airy

5617 Kirby Ave, Cincinnati, OH

Sold

Condos

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