4813 Rapid Run Rd Active Save Request In-Person Tour Request Virtual Tour
Cincinnati,OH 45238
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
Square Footage 2,642 sqft
Price per Sqft $94
MLS Listing ID 1848688
Year Built 1910
Lot Size 5,967 Sqft
Lot Dimensions 79x80
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
Great opportunity to own a solid brick 4-family home with strong rental history and long-term tenants providing a combined over $3k per month rental income. Each unit offers 1 full bath: Unit #1 (2BR, rented $950/mo), Unit #2 (1BR, rented $725/mo), Unit #3 (Efficiency, now vacant), and Unit #4 (1BR, rented $600/mo). Owner pays water and heat, tenants pay electric. All four garages could be leased separately, adding extra income. Recent improvements include new roof and gutters (2023), exterior painted (2024), furnace (2024), water heater (2021), siding (2015), and replacement windows. Heating systems vary with Unit #1 & #2 on gas furnace and Unit #3 & #4 on boiler. The property is priced with consideration for future updates, making this an excellent buy-and-hold investment with immediate cash flow and value-add potential.
Location
State OH
County Hamilton
Area Hamilton-W04
Zoning Residential,Multi Family
Rooms
Basement Full
Interior
Interior Features 220 Volt,Storage Area
Heating Forced Air,Gas,Hot Water
Cooling Wall Unit
Fireplaces Type None
Inclusions 4 Stoves, 4 Refrigerators
Window Features Vinyl
Exterior
Parking Features Attached,Oversized,Front
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Poured
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Schools
School District Cincinnati City Sd