NOT LISTED FOR SALE

605 Prospect Place Cincinnati, OH 45229

Avondale Neighborhood
7 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 24, 2023

Last sale price $268,000

3 Days on Market

Highlights

  • Balcony
  • Walnut Hills High School Rated A+
  • Porch

About This Home

As of April 2023

Great investment triplex opportunity! Two units recently renovated & ready for new occupants! Unit 1 is a 4 bed 2 bath, unit 2 is a 2 bed 1 bath. Both have new LVT floors, updated baths and kitchens with new cabinets, new appliances & fresh paint. Efficiency is 1 bed/1 bath with tile floors, and newer kitchen & bath. Recent rent:unit 1 $1495,unit 2 $1195,efficiency $750.

Last Agent to Sell the Property

Alison Fossette

BF Realty License #2016004216 Listed on: 04/05/2023

Co-Listed By

Laura Faz

Coldwell Banker Realty License #2005001513

Last Buyer's Agent

Amine Zahir

Emerald Home Advisors LLC License #2020007556

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 34x83

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Non-Functioning Fireplace
  • Vinyl Clad Windows
  • Double Hung Windows
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $1,200
  • Water Sewer Expense $975
  • Gross Income $41,280
  • Net Operating Income $33,013

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Suburb: Avondale
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Cooling: None
  • Heating: Gas
  • Suburb S I C: Avondale
  • Year Built: 1920
  • Appliance Include: 3 stoves 3 refrigerators
  • Separate Air Condi: No
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Reading Rd. to Prospect Pl.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Triplex
  • Occupancy: At Closing
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 33013.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 3600
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: Of Record
  • Water Paid: Owner
  • Basement: Full
  • Fireplaces: 1
  • Levels: Three
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Street Number Modifier: 605
  • Windows: Double Hung, Vinyl
  • Two Bedroom Rent: 1195.00
  • Two Bedroom Units: 1
  • Three+ Bedroom Rent: 1495.00

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Porch, Balcony
  • Foundation: Poured
  • Listing Price: 239900.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 975

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 2491

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 34x83
  • ResoLotSizeUnits: Acres

Multi Family

  • Efficiency Rent: 750.00
  • Efficiency Units: 1
  • Gross Income: 41280.00
  • Total Buildings: 1
  • Insurance: 1200.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
01/28/2024 01/28/24 Off Market $268,000 -- --
04/24/2023 04/24/23 Sold $268,000 +11.7% --
04/10/2023 04/10/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $239,900 +59.9% --
12/30/2020 12/30/20 Off Market $150,000 -- --
09/29/2020 09/29/20 Sold $150,000 0.0% -- View Prior Sale
08/10/2020 08/10/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $150,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alison Fossette

    Seller's Agent in 2023

    Alison Fossette

    BF Realty

    (513) 502-3347

    1 in this area

    144 Total Sales

    Alison Fossette
    Section Image
  • Laura Faz

    Seller Co-Listing Agent in 2023

    Laura Faz

    Coldwell Banker Realty

    (513) 502-3347

    1 in this area

    133 Total Sales

    Laura Faz
    Section Image
  • Amine Zahir

    Buyer's Agent in 2023

    Amine Zahir

    Emerald Home Advisors LLC

    (513) 413-8152

    1 in this area

    32 Total Sales

    Amine Zahir
    Section Image
  • Mara Harperink

    Seller's Agent in 2020

    Mara Harperink

    RE/MAX

    (513) 921-9560

    92 Total Sales

    Mara Harperink
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1768392

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45229 Avondale

605 Prospect Place, Cincinnati, OH

Not Listed for Sale

MultiFamily

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