5801 Ridge Ave Cincinnati, OH 45213
Pleasant Ridge NeighborhoodEstimated payment $2,956/month
Highlights
- No HOA
- 4 Car Detached Garage
- Hot Water Heating System
- Walnut Hills High School Rated A+
About This Home
5801 Ridge Ave presents a rare opportunity to own a beautifully maintained architectural 4-family in the heart of highly desirable Pleasant Ridge. Located in one of Cincinnati's most walkable neighborhoods, this property offers easy access to restaurants, shops, parks, and entertainment. The building features four generously sized 1 bed/1 bath units along with a 4-car detached garage and additional off-street parking. Meticulously maintained with long-term tenants in place, the property provides stable occupancy while offering significant upside potential through future rent increases and implementation of a RUBS system. One unit is currently month-to-month, creating an ideal opportunity for an owner-occupant or investor seeking flexibility. A rare value-add opportunity in a premier location you you won't want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,674
Year Built
- Built in 1932
Lot Details
- 7,057 Sq Ft Lot
Parking
- 4 Car Detached Garage
- 4 Open Parking Spaces
- Rear-Facing Garage
- Driveway
Home Design
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
Interior Spaces
- 2-Story Property
- Insulated Windows
- Double Hung Windows
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
Community Details
Overview
- No Home Owners Association
Building Details
- Insurance Expense $2,805
- Maintenance Expense $602
- Water Sewer Expense $250
- Gross Income $44,460
- Net Operating Income $32,298
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,612 | $79,975 | $20,825 | $59,150 |
| 2023 | $6,529 | $79,975 | $20,825 | $59,150 |
| 2022 | $6,905 | $76,514 | $15,155 | $61,359 |
| 2021 | $6,716 | $76,514 | $15,155 | $61,359 |
| 2020 | $6,786 | $76,514 | $15,155 | $61,359 |
| 2019 | $5,968 | $62,206 | $12,320 | $49,886 |
| 2018 | $5,973 | $62,206 | $12,320 | $49,886 |
| 2017 | $5,755 | $62,206 | $12,320 | $49,886 |
| 2016 | $5,762 | $61,251 | $11,582 | $49,669 |
| 2015 | $5,314 | $61,251 | $11,582 | $49,669 |
| 2014 | $5,336 | $61,251 | $11,582 | $49,669 |
| 2013 | $4,889 | $56,000 | $12,320 | $43,680 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2026 05/15/26 | For Sale | $450,000 | +157.1% | -- | |
| 06/24/2014 06/24/14 | Off Market | $175,000 | -- | -- | |
| 03/26/2014 03/26/14 | Sold | $175,000 | -5.4% | -- | View Prior Sale |
| 02/21/2014 02/21/14 | Pending | -- | -- | -- | |
| 09/09/2013 09/09/13 | For Sale | $184,900 | -- | -- |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1872577
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