$475,000
SOLD NOV 8, 2024

6427 Montgomery Rd Cincinnati, OH 45213

Kennedy Heights Neighborhood
-- Bed
-- Bath
3,780 Sq Ft
1928 Built

Recently Sold

$126 Per Sq Ft

5% Below List Price

53 Days on Market

Highlights

  • Baseboard Heating
  • Walnut Hills High School Rated A+
  • 4 Car Garage

About This Home

As of November 2024

Pleasant Ridge Investment opportunity! Attention Savvy Multifamily Investors and Owner Occupants, this beautifully renovated 4-plex is now available for sale with immediate occupancy in HOT Pleasant Ridge. Unit 1 is Vacant and ready to rent or move in. There are 4 x 1 bed renovated units. On boiler heat, window AC units. All new kitchens, Quartz countertops, New cabinets, stainless steel appliances, updated bathrooms, fresh carpet and hardwood floors. 4 Garage spaces and ample off street parking. Serene setting with deer, birds and lots of green space. NOI Is estimated based on current billing at full occupancy. Gross annual rents: $49,440 based on current leases and full occupancy. All information deemed correct but not guaranteed.

Last Agent to Sell the Property

Gordon Green

eXp Realty License #2014004624 Listed on: 07/26/2024

eXp Realty

Co-Listed By

Tedra Green

eXp Realty License #2023003128

Last Buyer's Agent

Daniel Morena

Huff Realty License #0000424756

Huff Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,856

Year Built

  • Built in 1928

Parking

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

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Radiant Heating System

Community Details

  • Insurance Expense $1,800
  • Water Sewer Expense $2,500
  • Gross Income $49,440
  • Net Operating Income $36,198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,856

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Suburb: Pleasant Ridge
  • Broker Approved: Yes
  • Cooling: Window Unit
  • Heating: Radiant, Baseboard
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Pleasant Ridge
  • Annual Assessment Amount: of record
  • Year Built: 1928
  • Appliance Include: oven/range, dishwasher, refrigerator, wd
  • Separate Air Condi: Yes
  • Separate Gas Elect: No
  • Directions: Montgomery rd
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: Immediate
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 36198.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 2100
  • Heat Paid: Owner
  • Lease Information: attached
  • Reciprocal Listing: No
  • Semi Annual Taxes: $3428
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Insulated, Vinyl
  • One Bedroom Rent: 1024.00
  • One Bedroom Number of Units: 4

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 499900.00
  • New Construction: No

Garage/Parking

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

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2500

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 6856

Schools

  • District: Cincinnati City SD

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 49440.00
  • Total Buildings: 1
  • Insurance: 1800.00

Range of Values:

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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
11/08/2024 11/08/24 Sold $475,000 -5.0% $126 / Sq Ft
09/21/2024 09/21/24 For Sale $499,900 0.0% $132 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $499,900 -2.9% $132 / Sq Ft
08/23/2024 08/23/24 Price Changed $515,000 -1.9% $136 / Sq Ft
07/26/2024 07/26/24 For Sale $525,000 +20.7% $139 / Sq Ft
09/20/2023 09/20/23 Sold $435,000 0.0% $115 / Sq Ft View Prior Sale
09/04/2023 09/04/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $435,000 -- $115 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gordon Green

    Seller's Agent in 2024

    Gordon Green

    eXp Realty

    (513) 500-7512

    2 in this area

    115 Total Sales

    Gordon Green
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Tedra Green

    eXp Realty

    (513) 966-4278

    2 in this area

    47 Total Sales

    Tedra Green
    Section Image
  • Daniel Morena

    Buyer's Agent in 2024

    Daniel Morena

    Huff Realty

    (513) 498-1697

    1 in this area

    189 Total Sales

    Daniel Morena
    Section Image

  • J

    Seller's Agent in 2023

    Jason Crouch

    Plum Tree Realty

    Section Image
  • Robert Speckert

    Buyer's Agent in 2023

    Robert Speckert

    eXp Realty

    (513) 478-7599

    3 in this area

    133 Total Sales

    Robert Speckert
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1813037

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45213 Kennedy Heights

6427 Montgomery Rd, Cincinnati, OH

This home is located at 6427 Montgomery Rd, Cincinnati, OH 45213 and is currently priced at $475,000, approximately $125 per square foot. This property was built in 1928. 6427 Montgomery Rd is a home located in Hamilton County with nearby schools including Pleasant Ridge Montessori School, Shroder High School, and Clark Montessori High School.

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