7049 Montgomery Rd Cincinnati, OH 45236
Estimated payment $6,979/month
Highlights
- City View
- No HOA
- Coin Laundry
- Walnut Hills High School Rated A+
- Forced Air Heating and Cooling System
- 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $19,260
Year Built
- Built in 1900
Home Design
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
- Membrane Roofing
Interior Spaces
- 3-Story Property
- Non-Functioning Fireplace
- Vinyl Clad Windows
- City Views
- Basement Fills Entire Space Under The House
Parking
- 13 Open Parking Spaces
- On-Street Parking
- Parking Lot
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Separate Meters
Community Details
- No Home Owners Association
- Coin Laundry
- Gross Income $110,880
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2026 06/16/26 | Price Changed | $995,000 | -5.2% | -- | |
| 04/17/2026 04/17/26 | For Sale | $1,050,000 | +61.5% | -- | |
| 12/20/2023 12/20/23 | Off Market | $650,000 | -- | -- | |
| 02/08/2023 02/08/23 | Sold | $650,000 | -7.1% | -- | View Prior Sale |
| 01/24/2023 01/24/23 | Pending | -- | -- | -- | |
| 01/20/2023 01/20/23 | For Sale | $700,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $372,000 | New Conventional | |
| Closed | $200,000 | Commercial | |
| Closed | $51,000 | Credit Line Revolving | |
| Closed | $168,750 | Commercial | |
| Closed | $287,000 | Commercial |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1875802
APN: 602-0001-0340
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Ask me questions while you tour the home.