NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: May 7, 2025

Last sale price $426,835

15 Days on Market

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
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,352

Year Built

  • Built in 1968

Lot Details

  • 0.3

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

0.3 Acres

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
May 7, 2025
Sold by
Bought by
Seller's Agent
Andrew Kroeger
Keller Williams Advisors
Buyer's Agent
Vickie Chi
Keller Williams Advisors
List Price
$525,000
Sold Price
$426,835
Premium/Discount to List
-$98,165
-18.7%
Views
26

Purchase Details

Closed on
Sep 30, 2015
Sold by
Bought by

Purchase Details

Closed on
May 13, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,300
Interest Rate
4.81%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$426,835 Prodigy Title
-- Chicago Title Company Llc
$108,000 Attorney
Source: Public Records

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 Borrower Loan Amount
Previous Owner $87,065
Previous Owner $125,000
Previous Owner $20,000
Previous Owner $106,300
Source: Public Records

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
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

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 $6,565 $77,200 $16,170 $61,030
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

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1832740

MLS of Greater Cincinnati (CincyMLS)
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