$449,900

5937 Oakwood Ave Cincinnati, OH 45224

College Hill Neighborhood

Estimated payment $2,911/month

Total Views 689
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Walnut Hills High School Rated A+
  • 4 Car Attached Garage

About This Home

Fantastic 4-Unit Investment Opportunity! Each unit at 5937 Oakwood Ave features 2 beds, 1 bath, and has been extensively upgraded. Recent improvements include: new roof shingles and framing, full re-wiring to copper (per City of Cincinnati code), new drywall (Units 3 & 4), updated vinyl flooring, new kitchen cabinets, appliances, front doors, and windows throughout. Bathrooms have new vanities and toilets, and all units have new A/C units. Water heater piping and radiators replaced. Coin-operated washer/dryer added for tenant use. Rents are currently well below market, offering immediate upside potential. Perfect for investors or owner-occupants looking for solid cash flow in a growing area.

Listing Agent

Tryfon Christoforou

3CRE Residential Advisors, LLC License #2021003683 Listed on: 09/08/2025

3CRE Residential Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,164

Year Built

  • Built in 1951

Lot Details

  • 6,229 Sq Ft Lot

Parking

  • 4 Car Attached Garage
  • 4 Open Parking Spaces
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

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

Utilities

  • Radiant Heating System
  • Separate Meters

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $2,450
  • Maintenance Expense $2,800
  • Water Sewer Expense $2,136
  • Gross Income $43,200
  • Net Operating Income $25,281

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,164

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • Suburb: College Hill
  • Broker Approved: Yes
  • Census Tract Realist: 82.02
  • Cooling: Window Unit
  • Heating: Radiant
  • Lot Area Realist: 6229.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: College Hill
  • Annual Assessment Amount: of record
  • Price Per Acre: 3146153.85
  • Year Built: 1951
  • Appliance Include: Stover, Refrigerator, Oven
  • Separate Air Condi: No
  • Separate Gas Elect: Yes
  • Separate Air Cond: No
  • Directions: Take I-71 N to Ronald Reagan Hwy W. Exit at Hamilton Ave and turn left. Right on Belmont Ave, then right on Oakwood Ave. Property is on the righ
  • Lot Measurement: Acres
  • Status: Active
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • Occupancy: Tenant Right
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 25281.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 2160.00
  • Gasand Electric: 2208.00
  • Heat Paid: Owner
  • Lease Information: MTM Lease
  • Reciprocal Listing: No
  • Semi Annual Taxes: $3082
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Windows: Vinyl
  • Two Bedroom Rent: 900.00
  • Two Bedroom Units: 4

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 449900.00
  • Acres: 0.1430
  • New Construction: No

Garage/Parking

  • Garage: Built in
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Driveway, Garage

Utilities

  • Gas: At Street
  • Sewer: Public Sewer
  • Water Source: At Street
  • Separate Gas/Elec: Yes
  • Water and Sewer: 2136.00

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 2800.00

Fee Information

  • Taxes: 6165

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Size Sq Ft: 6229.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 43200.00
  • Total Buildings: 1
  • Insurance: 2450.00

Map

Range of Values:

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Average Value
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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 Change Sq Ft Price
09/09/2025 09/09/25 Price Changed $449,900 +0.2% --
09/08/2025 09/08/25 For Sale $449,000 -0.2% --
07/30/2025 07/30/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $450,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1854299

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45224 College Hill

5937 Oakwood Ave, Cincinnati, OH

This home is located at 5937 Oakwood Ave, Cincinnati, OH 45224 and is currently priced at $449,900. This property was built in 1951. 5937 Oakwood Ave is a home located in Hamilton County with nearby schools including Mt. Airy Elementary School, Robert A. Taft Information Technology High School, and Western Hills High School.

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Tryfon Christoforou
Listing Agent
Tryfon Christoforou
Section Image
3CRE Residential Advisors, LLC
(513) 449-2815