$475,000
SOLD NOV 8, 2024
-- 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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Sold Price
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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 Change Sq Ft Price
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 -- $139 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1813037

MLS of Greater Cincinnati (CincyMLS)