NOT LISTED FOR SALE
4 Beds
2 Baths
2,937 Sq Ft
12,894 Sq Ft

Last Sold May 24, 2023

Last sale price $590,000 $201 Per Sq Ft

13 Days on Market

Highlights

  • 0.3 Acre Lot
  • Balcony
  • Porch
  • Walnut Hills High School Rated A+
  • Wood Frame Window
  • Patio

About This Home

As of May 2023

Money Maker in the walkable Madisonville Business District! Character abounds in this beautifully renovated 3-Unit Mixed use Multi. Gorgeous 2 BD/2 BA units & 1 comm unit w/ Full Bath. Res units incl sep suites & in-unit Laundry, New Kitchens w/ granite ctrs/eat-in island, Open Flr Plan. Lg fully fenced yd, Patio, Covered New Orleans style Deck, & Off St parking. 2019 Reno & Tax Abated thru 2029. Cap Rate: 8%. Form based code Zoning. Sep utilities. Great investment!

Last Agent to Sell the Property

Meg Perez

Coldwell Banker Realty License #2016002909 Listed on: 05/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Ben Freimuth

Comey & Shepherd License #2016004681

Comey & Shepherd

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,135

Year Built

  • Built in 1865

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 79.80x157
  • Privacy Fence
  • Wood Fence

Home Design

  • Triplex
  • Stone Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,937 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Vinyl Clad Windows
  • Double Hung Windows
  • Wood Frame Window
  • Partial Basement

Parking

  • 5 Open Parking Spaces
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $561
  • Maintenance Expense $300
  • Other Expense $246
  • Water Sewer Expense $1,013
  • Gross Income $56,100
  • Net Operating Income $50,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,135

Year Built

Built in 1865

Lot Details

0.3 Acres

Listing Details

  • Suburb: Madisonville
  • Cross Street: Whetsel
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Individual Laundry
  • Census Tract Realist: 55.00
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 12894.00
  • Suburb S I C: Madisonville
  • Price Per Acre: 1993243.24
  • Year Built: 1865
  • Appliance Include: 2 fridge, 2 ov/rng, 2 dshwsh,2 wsh/dry
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: I-71, S on Redbank Rd, E on Madison Rd, past Whetsel Ave.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Triplex
  • Occupancy: Tenant Right
  • Second Floor Area: 1183
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 50470.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Efficiency Sq Ft: 567
  • Gasand Electric: 374
  • Heat Paid: Tenant
  • Lease Information: A to 4/24, B to 4/24, C to 9/23
  • Other Features: Busline Near,Corp Owned
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 1567.72
  • Water Paid: Owner
  • Basement: Partial
  • Fireplaces: 2
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: Electric
  • Bldg Sq Ft (Realist): 2937.00
  • Street Number Modifier: 6123
  • Windows: Wood, Double Hung, Vinyl
  • Two Bedroom Rent: 2400.00
  • Two Bedroom Sq Ft: 1500
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Wood Siding, Vinyl Siding
  • Outside Features: Patio, Porch, Balcony, Wood Fence, Privacy Fence
  • Foundation: Stone
  • Listing Price: 630000.00
  • Acres: 0.2960
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 5
  • Parking: Lot, Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1013

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 300.00

Fee Information

  • Taxes: 3136

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 79.80x157
  • Lot Size Sq Ft: 12894.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Efficiency Rent: 775.00
  • Efficiency Units: 1
  • Gross Income: 56100.00
  • Other Expense: 246
  • Total Buildings: 1
  • Insurance: 561.00
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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 $590,000 -- --
05/24/2023 05/24/23 Sold $590,000 -6.3% $201 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $630,000 +306.5% $215 / Sq Ft
04/10/2019 04/10/19 Off Market $155,000 -- --
01/10/2019 01/10/19 Sold $155,000 -13.4% $57 / Sq Ft View Prior Sale
12/04/2018 12/04/18 Pending -- -- --
11/18/2018 11/18/18 Price Changed $179,000 -2.7% $66 / Sq Ft
11/13/2018 11/13/18 Price Changed $184,000 -2.6% $67 / Sq Ft
10/22/2018 10/22/18 Price Changed $189,000 -16.0% $69 / Sq Ft
06/20/2018 06/20/18 Price Changed $225,000 -10.0% $82 / Sq Ft
04/02/2018 04/02/18 For Sale $250,000 -- $92 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

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 $4,691 $130,193 $22,001 $108,192
2024 $4,684 $130,193 $22,001 $108,192
2023 $4,843 $130,193 $22,001 $108,192
2022 $3,162 $81,375 $10,843 $70,532
2021 $3,300 $81,375 $10,843 $70,532
2020 $3,309 $81,375 $10,843 $70,532
2019 $3,665 $46,207 $9,597 $36,610
2018 $3,653 $46,207 $9,597 $36,610
2017 $3,497 $46,207 $9,597 $36,610
2016 $3,493 $45,280 $9,160 $36,120
2015 $3,169 $45,280 $9,160 $36,120
2014 $3,188 $45,280 $9,160 $36,120
2013 $3,549 $43,961 $8,894 $35,067
Source: Public Records

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1770911

MLS of Greater Cincinnati (CincyMLS)

APN: 036-0003-0017-00

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