$290,000
$9K PRICE DROP

651 Glenwood Ave Cincinnati, OH 45229

Avondale Neighborhood

Estimated payment $1,739/month

Total Views 4,738
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Walnut Hills High School Rated A+
  • Forced Air Heating and Cooling System

About This Home

Well-maintained and fully occupied duplex located in the desirable Avondale neighborhood. Property consists of two units: one 3-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. Both units have been fully updated and feature hardwood floors, LVP, tile kitchens, and stainless steel appliances. The three bedroom also has in unit Laundry. Tenants are on month-to-month leases, offering flexibility for investors or owner-occupants. Property has a 12-year CRA Tax Abatement (TY2023-2034) with potential tax savings up to $200,000. The property is also Section 8 Approved. Excellent opportunity for a turnkey investment or owner-occupied property in a high-demand area.

Listing Agent

Tryfon Christoforou

3CRE Residential Advisors, LLC License #2021003683 Listed on: 06/30/2025

3CRE Residential Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 1935

Lot Details

  • 4,922 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $2,238
  • Maintenance Expense $1,500
  • Water Sewer Expense $1,200
  • Gross Income $30,396
  • Net Operating Income $21,094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,894

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Suburb: Avondale
  • Broker Approved: Yes
  • Cooling: Central Air
  • Heating: Forced Air
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Avondale
  • Annual Assessment Amount: of record
  • Price Per Acre: 2566371.68
  • Year Built: 1935
  • Appliance Include: Stover, Refrigerator, Oven, Microwave
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: Take Exit 8 toward Reading Road/Avondale. Continue on Reading Road northbound. Turn right onto Glenwood Avenue.
  • Lot Measurement: Acres
  • Status: Active
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • Occupancy: Tenant Right
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 21094.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Vacancy: 1519.00
  • Gasand Electric: 950.00
  • Heat Paid: Owner
  • Lease Information: MTM Lease
  • Reciprocal Listing: No
  • Semi Annual Taxes: $947
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Street Number Modifier: 651
  • Windows: Vinyl
  • One Bedroom Rent: 950.00
  • One Bedroom Number of Units: 1
  • Three+ Bedroom Rent: 1583.00
  • Three+ Bedroom Units: 1

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 290000.00
  • Acres: 0.1130
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Onstreet

Utilities

  • Gas: At Street
  • Sewer: Public Sewer
  • Water Source: At Street
  • Separate Gas/Elec: Yes
  • Water and Sewer: 1200.00

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1500.00

Fee Information

  • Taxes: 1895

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Size Sq Ft: 4922.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 30396.00
  • Total Buildings: 1
  • Insurance: 2238.00

Map

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 Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $290,000 -3.0% --
06/30/2025 06/30/25 For Sale $299,000 +13.8% --
12/20/2023 12/20/23 Off Market $262,800 -- --
01/18/2023 01/18/23 Sold $262,800 +1.2% $104 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $259,800 -- $103 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

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Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1846366

MLS of Greater Cincinnati (CincyMLS)

Ohio Hamilton County Cincinnati 45229 Avondale

651 Glenwood Ave, Cincinnati, OH

This home is located at 651 Glenwood Ave, Cincinnati, OH 45229 and is currently priced at $290,000. This property was built in 1935. 651 Glenwood Ave is a home located in Hamilton County with nearby schools including South Avondale School, Clark Montessori High School, and Robert A. Taft Information Technology High School.

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Nearby Homes
Tryfon Christoforou
Listing Agent
Tryfon Christoforou
Section Image
3CRE Residential Advisors, LLC
(513) 586-5358