58 Gorman Ln Cincinnati, OH 45215
Reading AreaEstimated payment $2,176/month
Highlights
- No HOA
- Storage
- Coin Laundry
- Attached Garage
- Hot Water Heating System
About This Home
Fully leased 4-unit all brick building generating $3,325/mo, with an upside potential of $3700+. Rare 4-family in this neighborhood featuring 2-bedroom units. Property offers ample off-street parking, on-site storage, and vendor-managed coin laundry. Recently renovated units boast hardwood / premium vinyl plank floors, updated counters, cabinets, and baths. Tenants pay electric and cooking gas. Owner pays central heat, water, and trash (total $484/mo on average). Unit A (2BR): $1025 month-to-month. Unit B (Studio): $600 long-term tenant thru 9/30/26. Unit C (2BR): $1000 thru 10/8/26. Unit D (Studio): $700 thru 3/20/27. Rents are below market. All appliances and ACs stay. Great investment opportunity with instant and long-term potential! See pdf file for a list of major repairs. Video walkthroughs available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,708
Year Built
- Built in 1942
Lot Details
- 6,316 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
Interior Spaces
- 2-Story Property
- Vinyl Clad Windows
- Storage
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Parking
- Attached Garage
- 4 Open Parking Spaces
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Radiant Heating System
- Hot Water Heating System
- Cable TV Available
Community Details
Building Details
- Other Expense $56
- Water Sewer Expense $203
- Gross Income $3,325
Additional Features
- No Home Owners Association
- Coin Laundry
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 | $4,709 | $56,361 | $9,240 | $47,121 |
| 2023 | $4,708 | $56,361 | $9,240 | $47,121 |
| 2022 | $2,162 | $22,299 | $8,904 | $13,395 |
| 2021 | $1,946 | $22,299 | $8,904 | $13,395 |
| 2020 | $1,928 | $22,299 | $8,904 | $13,395 |
| 2019 | $1,945 | $21,035 | $8,400 | $12,635 |
| 2018 | $1,952 | $21,035 | $8,400 | $12,635 |
| 2017 | $1,901 | $21,035 | $8,400 | $12,635 |
| 2016 | $1,744 | $19,250 | $12,600 | $6,650 |
| 2015 | $1,732 | $19,250 | $12,600 | $6,650 |
| 2014 | $1,580 | $19,250 | $12,600 | $6,650 |
| 2013 | $1,556 | $19,250 | $12,600 | $6,650 |
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 |
|---|---|---|---|---|---|
| 07/09/2026 07/09/26 | For Sale | $324,900 | +490.7% | -- | |
| 06/26/2013 06/26/13 | Off Market | $55,000 | -- | -- | |
| 03/25/2013 03/25/13 | Sold | $55,000 | +10.0% | -- | View Prior Sale |
| 02/11/2013 02/11/13 | Pending | -- | -- | -- | |
| 01/23/2013 01/23/13 | For Sale | $50,000 | -- | -- |
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 |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $55,000 | Attorney | |
| Warranty Deed | -- | None Available | |
| Sheriffs Deed | $60,000 | None Available | |
| Sheriffs Deed | $96,943 | None Available | |
| Warranty Deed | $126,500 | -- |
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 |
|---|---|---|---|
| Previous Owner | $135,514 | Commercial | |
| Previous Owner | $128,979 | Commercial |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1885483
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Ask me questions while you tour the home.