Seller's Agent in 2023
Meg Perez
Coldwell Banker Realty
(513) 658-7478
52 in this area
149 Total Sales
6123 Madison Rd Cincinnati, OH 45227
Madisonville Neighborhood
4
Beds
2
Baths
2,937
Sq Ft
0.3
Acres
Highlights
- 0.3 Acre Lot
- Balcony
- Porch
- Walnut Hills High School Rated A+
- Wood Frame Window
- Patio
About This Home
As of May 2023Money 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
Coldwell Banker Realty License #2016002909 Listed on: 05/02/2023
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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/28/2024 01/28/24 | Off Market | $590,000 | -- | -- | |
| 01/28/2024 01/28/24 | Off Market | $2,400 | -- | -- | |
| 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 | 0.0% | $215 / Sq Ft | |
| 05/01/2023 05/01/23 | Rented | $2,400 | +20.0% | -- | |
| 05/01/2023 05/01/23 | Under Contract | -- | -- | -- | |
| 04/24/2023 04/24/23 | For Rent | $2,000 | 0.0% | -- | |
| 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 Compared to Growth
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 |
|---|---|---|---|---|
| 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
Agents Affiliated with this Home
-
Meg Perez
-
Ben Freimuth
Buyer's Agent in 2023
Ben Freimuth
Comey & Shepherd
(513) 635-9066
10 in this area
132 Total Sales
-
Alek Lucke
Buyer's Agent in 2023
Alek Lucke
Coldwell Banker Realty
(419) 236-9151
1 in this area
40 Total Sales
Map
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1770911
APN: 036-0003-0017-00
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