NOT LISTED FOR SALE

64 Gorman Ln Cincinnati, OH 45215

4 Beds
4 Baths
-- Sq Ft
6,316 Sq Ft Lot

Last Sold August 07, 2024

Last sale price $290,000

3 Days on Market

About This Home

As of August 2024

Amazing Investment Opportunity in Reading! Solid Brick Quad with (2) Two Bedroom Units and (2) Studio Units. Current rents are below market with room to grow. The property has 2,432 square feet above grade. Lower level contains tenant storage, Co-Op Laundry, and a 4 car garage. Owner pays water, sewer, trash and common area gas & electric. Tenants pay for their own gas and electric.

Last Agent to Sell the Property

George Koesterman

Keller Williams Advisors License #2014000004 Listed on: 06/24/2024

Keller Williams Advisors

Last Buyer's Agent

Cameron Gunnels

Gunnels Realty, Inc. License #2020007362

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 6,316 Sq Ft Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Storage
  • Partial Basement

Utilities

  • Heating System Uses Gas
  • Radiant Heating System

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $3,820
  • Maintenance Expense $6,131
  • Other Expense $196
  • Water Sewer Expense $2,060
  • Gross Income $36,360
  • Net Operating Income $7,858

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Parking

4

Listing Details

  • Suburb: Reading
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 232.10
  • Cooling: Window Unit
  • Heating: Gas, Radiant
  • Lot Area Realist: 6316.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Reading
  • Annual Assessment Amount: n/a
  • Price Per Acre: 2000000.00
  • Year Built: 1942
  • Directions: Reading Road to Gahl Terrace, Turn Right on to Gorman Lane. Reading Road to E. North Street, Turn Left on to Gorman Lane.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: At Closing
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage Area
  • Net Operating Income: 7858.00
  • Property Type: Residential Income
  • Vacancy: 8400
  • Gasand Electric: 2484
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • Semi Annual Taxes: of record
  • Waste Removal: 703
  • Basement: Partial
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Insulated
  • Two Bedroom Rent: 795.00
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 299900.00
  • Acres: 0.1450
  • New Construction: No

Garage/Parking

  • Garage: Built in,Rear
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Lot, Off Street

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2060

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 6131.00

Fee Information

  • Taxes: 4708

Schools

  • District: Reading Community Ci

Lot Info

  • Lot Size Sq Ft: 6316.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Efficiency Rent: 700.00
  • Efficiency Units: 2
  • Gross Income: 36360.00
  • Other Expense: 196
  • Total Buildings: 1
  • Insurance: 3820.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/07/2024 08/07/24 Sold $290,000 -3.3% --
06/28/2024 06/28/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $299,900 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • George Koesterman

    Seller's Agent in 2024

    George Koesterman

    Keller Williams Advisors

    (513) 633-4540

    4 in this area

    97 Total Sales

    George Koesterman
    Section Image
  • Cameron Gunnels

    Buyer's Agent in 2024

    Cameron Gunnels

    Gunnels Realty, Inc.

    (513) 490-7374

    1 in this area

    17 Total Sales

    Cameron Gunnels
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1808747

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45215

64 Gorman Ln, Cincinnati, OH

This home is located at 64 Gorman Ln, Cincinnati, OH 45215 since 24 June 2024. This property was built in 1942. 64 Gorman Ln is a home located in Hamilton County with nearby schools including Reading Community High School, Saints Peter and Paul Academy, and Mount Notre Dame High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS of Greater Cincinnati (CincyMLS) The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc.. Those listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Ten-X does not display the entire Cincinnati MLS Broker Reciprocity™ database on this web site. The listings of some real estate brokerage firms have been excluded.
Copyright 2025, MLS of Greater Cincinnati, Inc. All rights reserved

Nearby Homes