$995,000
$55K PRICE DROP

7049 Montgomery Rd Cincinnati, OH 45236

Estimated payment $6,979/month

Total Views 9,936
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Andy Willoughby

eXp Realty License #2007003482 Listed on: 04/17/2026

eXp Realty

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,260

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

Listing Details

  • Suburb: Silverton
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Suburb S I C: Silverton
  • Zoning: Commercial
  • Year Built: 1900
  • Appliance Include: All apartment appliances included
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: I-71 to Montgomery Rd.
  • Lot Measurement: Acres
  • Status: Active
  • Total Units: 9
  • Showing Start Date: 2026-04-17
  • Property Subtype 1: Apartment
  • Occupancy: At Closing
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • Semi Annual Taxes: $9630
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Available for Lease: No
  • Street Number Modifier: 7049
  • Windows: Vinyl
  • One Bedroom Rent: 925.00
  • One Bedroom Number of Units: 3
  • Two Bedroom Rent: 1050.00
  • Two Bedroom Units: 3
  • Three+ Bedroom Rent: 1250.00

Exterior Features

  • View: City
  • Roof: Shingle, Membrane
  • Construction: Brick
  • Foundation: Stone
  • Listing Price: 995000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 13
  • Parking: Asphalt, Lot, Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes

Condo/Co-op/Association

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

Fee Information

  • Taxes: 19260

Schools

  • District: Cincinnati City SD

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 110880.00
  • Total Buildings: 2

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

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 --
Source: Public Records

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: Public Records

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1875802

MLS of Greater Cincinnati (CincyMLS)

APN: 602-0001-0340

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