NOT LISTED FOR SALE
4 Beds
2 Baths
2,937 Sq Ft
0.3 Acres Lot

Sale Details

Date 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

  • 12,894 Sq Ft 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

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 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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