7045 Montgomery Rd Cincinnati, OH 45236
Estimated payment $7,178/month
Highlights
- Forced Air Heating and Cooling System
- Walnut Hills High School Rated A+
- 1-minute walk to Silverton Park
About This Home
Turn-key standalone commercial building with 7 apartments and 2 retail storefronts located in the growing business district of Silverton, 1.5 miles from Kenwood Mall and I-71. Strong investment opportunity with long-term solid rental income. All units are fully leased with value-add potential for rent increases. 3- 1 bed, 3- 2 bed, 1- 3bed apartments, and 2 retail storefronts, and a full basement with coin laundry. Each unit is separately metered for gas and electricity. The roof was just hot tar sealed, all windows caulked and sealed, and new flooring in common areas. 13 parking spaces with off-street parking as well. The public bus stop is across the street with a crosswalk to the building. Property is currently rented at $111,000 yr.
Listing Agent
eXp Realty Brokerage Phone: (866) 212-4991 License #2007003482 Listed on: 04/18/2026
Property Details
Home Type
- Multi-Family
Year Built
- 1900
Lot Details
- 10,890 Sq Ft Lot
- Lot Dimensions are 55x140
Parking
- No Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 10 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 602-0001-0340-00
Community Details
Overview
- 7 Units
- H E Brown 1St Sub Subdivision
Building Details
- Gross Income $110,882
- Net Operating Income $72,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $19,259 | $227,501 | $21,270 | $206,231 |
| 2024 | $18,434 | $227,501 | $21,270 | $206,231 |
| 2023 | $18,387 | $227,501 | $21,270 | $206,231 |
| 2022 | $5,253 | $56,970 | $19,089 | $37,881 |
| 2021 | $5,206 | $56,970 | $19,089 | $37,881 |
| 2020 | $5,150 | $56,970 | $19,089 | $37,881 |
| 2019 | $5,277 | $53,243 | $17,840 | $35,403 |
| 2018 | $5,296 | $53,243 | $17,840 | $35,403 |
| 2017 | $5,154 | $53,243 | $17,840 | $35,403 |
| 2016 | $4,872 | $49,000 | $16,660 | $32,340 |
| 2015 | $4,488 | $49,000 | $16,660 | $32,340 |
| 2014 | $4,501 | $49,000 | $16,660 | $32,340 |
| 2013 | $5,615 | $61,251 | $17,000 | $44,251 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/18/2026 04/18/26 | For Sale | $1,050,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $850,000 | Prodigy Title | |
| Warranty Deed | $465,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $48,200 | American Homeland Title | |
| Receivers Deed | $140,000 | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $150,000 | -- | |
| Warranty Deed | $750,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $372,000 | New Conventional | |
| Previous Owner | $168,750 | Commercial |
Source: Dayton REALTORS®
MLS Number: 956950
APN: 602-0001-0340
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Ask me questions while you tour the home.