7051 Memory Ln Cincinnati, OH 45239
Estimated payment $2,227/month
About This Home
Updated Turn-Key Investment. 100% occupied , new roof, updated electric panels, fresh exterior paint, new exterior concrete, all 5 units updated. Must have 48 hours notice to show. All leases month to month. Gross annual income 54,900. Interior photos are from before units were occupied.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,340
Year Built
- Built in 1959
Home Design
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
Interior Spaces
- 1,802 Sq Ft Home
- 2-Story Property
- Partial Basement
Parking
- 5 Open Parking Spaces
- Parking Lot
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Separate Meters
Community Details
Overview
- No Home Owners Association
Building Details
- Insurance Expense $1,500
- Water Sewer Expense $3,100
- Gross Income $55,740
- Net Operating Income $44,860
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 | $6,626 | $80,980 | $14,350 | $66,630 |
| 2024 | $6,363 | $80,980 | $14,350 | $66,630 |
| 2023 | $6,268 | $80,980 | $14,350 | $66,630 |
| 2022 | $6,796 | $77,000 | $13,874 | $63,126 |
| 2021 | $4,164 | $46,900 | $13,874 | $33,026 |
| 2020 | $4,097 | $46,900 | $13,874 | $33,026 |
| 2019 | $3,961 | $44,247 | $13,090 | $31,157 |
| 2018 | $3,611 | $44,247 | $13,090 | $31,157 |
| 2017 | $3,491 | $44,247 | $13,090 | $31,157 |
| 2016 | $3,621 | $45,469 | $12,681 | $32,788 |
| 2015 | $3,679 | $45,469 | $12,681 | $32,788 |
| 2014 | $3,701 | $45,469 | $12,681 | $32,788 |
| 2013 | $3,895 | $49,424 | $13,783 | $35,641 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/24/2026 04/24/26 | Pending | -- | -- | -- | |
| 04/02/2026 04/02/26 | For Sale | $398,900 | +81.3% | $221 / Sq Ft | |
| 12/12/2021 12/12/21 | Off Market | $220,000 | -- | -- | |
| 09/10/2021 09/10/21 | Sold | $220,000 | -8.3% | -- | View Prior Sale |
| 08/06/2021 08/06/21 | Pending | -- | -- | -- | |
| 07/14/2021 07/14/21 | For Sale | $240,000 | -- | -- |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1873929
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Ask me questions while you tour the home.