NOT LISTED FOR SALE

5923 E Us Rt 22 & 3 Salem Township, OH 45152

-- Bed
-- Bath
-- Sq Ft
0.6 Acre Lot

Sale Details

Date Sold: September 12, 2025

Last sale price $267,000

52 Days on Market

Highlights

  • 0.6 Acre Lot
  • Porch
  • Baseboard Heating
  • No HOA
  • 1-Story Property

About This Home

As of September 2025

Cash Flowing 5 Unit Investment Property! Each unit has 1 bedroom/1 bath and recently updated. Ample parking, large lot. 4 units occupied. Great investment in a growing area with easy access to major routes. Close to Lebanon and Mason. Turn-key opportunity with immediate income.

Last Agent to Sell the Property

Billie Madden

Keller Williams Pinnacle Group License #2020006384 Listed on: 07/12/2025

Keller Williams Pinnacle Group

Last Buyer's Agent

Alexander Moksin

Keller Williams Pinnacle Group License #2002019803

Keller Williams Pinnacle Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 1961

Lot Details

  • 0.6

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • Crawl Space

Parking

  • 7 Open Parking Spaces
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Natural Gas Not Available

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $3,000
  • Maintenance Expense $4,500
  • Water Sewer Expense $1,100
  • Gross Income $40,800
  • Net Operating Income $30,090

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,780

Year Built

Built in 1961

Lot Details

0.6 Acres

Listing Details

  • Suburb: Salem Twp.
  • Cross Street: Salem Road
  • Broker Approved: Yes
  • Cooling: Window Unit
  • Heating: Baseboard
  • Suburb S I C: Salem Twp.
  • Price Per Acre: 443079.99
  • Zoning: Multi Family,Commercial
  • Year Built: 1961
  • Appliance Include: No
  • Directions: US 22 & 3 & Salem Road, Morrow, OH
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 5
  • Property Subtype 1: Apartment
  • Street Direction: E
  • Occupancy: At Closing
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 30090.00
  • Property Type: Residential Income
  • Heat Paid: Tenant
  • Lease Information: Month to Month
  • Other Features: Corner Lot
  • Other Tax Parcel I D: 1301477010
  • Reciprocal Listing: No
  • Semi Annual Taxes: $890
  • Waste Removal: 330.00
  • Water Paid: Owner
  • Basement: Crawl
  • Levels: One
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Windows: Vinyl
  • One Bedroom Number of Units: 5

Exterior Features

  • Roof: Shingle
  • Construction: Aluminum Siding, Brick
  • Outside Features: Porch
  • Foundation: Block
  • Listing Price: 279000.00
  • Acres: 0.6026
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 7
  • Parking: Private, Gravel

Utilities

  • Gas: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1100.00

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 4500.00

Fee Information

  • Taxes: 1780

Schools

  • District: Little Miami Local S

Lot Info

  • Lot Size Sq Ft: 26249.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 40800.00
  • Total Buildings: 1
  • Insurance: 3000.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
09/12/2025 09/12/25 Sold $267,000 -4.3% --
09/02/2025 09/02/25 Pending -- -- --
08/31/2025 08/31/25 For Sale $279,000 0.0% --
07/25/2025 07/25/25 Pending -- -- --
07/12/2025 07/12/25 For Sale $279,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Agents Affiliated with this Home

  • Billie Madden

    Seller's Agent in 2025

    Billie Madden

    Keller Williams Pinnacle Group

    (513) 520-0524

    45 Total Sales

    Billie Madden
    Section Image
  • Alexander Moksin

    Buyer's Agent in 2025

    Alexander Moksin

    Keller Williams Pinnacle Group

    (513) 896-1200

    99 Total Sales

    Alexander Moksin
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1847832

MLS of Greater Cincinnati (CincyMLS)
Ohio Warren County Morrow 45152

5923 E Us Rt 22 & 3, Morrow, OH

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