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For sale
    • Price cut: $20K (7/30)
    $399,900

    1589 Summit Rd, Cincinnati, OH 45237

    4beds
    2,798sqft
    : 
    $2,944/mo
    Get pre-qualified
    Multi Family, Quadruplex
    Built in 1942
    -- sqft lot
    $-- Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Individual furnacesBrickwork in excellent conditionSmoke and pet-free buildingAll new drywallSolid brick building
    Exceptional opportunity to own a fully renovated, turnkey multifamily property at 1589 Summit Rd! The property has four 1-bedroom units that are generating $3,600/month in gross rent. Tenants pay all utilities except water and sewer, keeping expenses low. One unit is intentionally vacant for easy showings and immediate leasing potential. Smoke and pet-free building. Extensively renovated within the past 3 years, improvements include all new drywall, electrical, plumbing, windows, roof, gutters, individual furnaces, central A/C units, remodeled kitchens with updated appliances, and high-end marble and tile finishes throughout. The solid brick building has been meticulously maintained, with brickwork in excellent condition. Additional features include two sump pumps for added protection. Annual taxes are currently under $6k. A rare opportunity to acquire a low-maintenance, cash-flowing investment.
    59 days
    |
    339
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dustin Walters 513-716-8935,

    Coldwell Banker Realty 513-777-7900

    Source: Cincy MLS,MLS#: 1883252MLS LogoOriginating MLS: Cincinnati Area Multiple Listing Service

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air, Gas
      Cooling
      • Central Air, Separate Air Conditioning
      Appliances
      • Laundry: Coin Laundry
      Features
      • Storage
      • Windows: Vinyl, Insulated Windows
      • Basement: Full
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,798
      • Total interior livable area: 2,798 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Off Street, On Street
      • Garage spaces: 4
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: City
      Lot
      • Size: 5,837 Square Feet
      • Dimensions: 50 x 120
      • Features: Busline Near
      Details
      • Parcel number: 1170014003400
      • Zoning description: Multi Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Quadruplex
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1942

      Utilities & green energy

      • Electric: 220 Volts
      • Gas: Natural
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Security System, Smoke Alarm
      Location
      • Region: Cincinnati

      Financial & listing details

      • Price per square foot: $143/sqft
      • Annual tax amount: $5,918
      • Date on market: 6/16/2026
      • Listing terms: No Special Financing
      • Total actual rent: 3600
      • Tenant pays: Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/30/2026Price change$399,900-4.8%$143/sqft
        Source: Cincy MLS #1883252 Report a problem
        7/24/2026Price change$419,900-1.2%$150/sqft
        Source: Cincy MLS #1883252 Report a problem
        7/13/2026Price change$425,000-2.3%$152/sqft
        Source: Cincy MLS #1883252 Report a problem
        6/23/2026Price change$434,900-2.3%$155/sqft
        Source: Cincy MLS #1883252 Report a problem
        6/16/2026Listed for sale$445,000+119.2%$159/sqft
        Source: Cincy MLS #1883252 Report a problem
        5/12/2021Sold$203,000-15.2%$73/sqft
        Source: Cincy MLS #1691111 Report a problem
        4/7/2021Pending sale$239,500$86/sqft
        Source: Cincy MLS #1691111 Report a problem
        2/24/2021Listed for sale$239,500+219.3%$86/sqft
        Source: Cincy MLS #1691111 Report a problem
        1/28/1997Sold$75,000$27/sqft
        Source: Cincy MLS #573927 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Roselawn

        Getting around

        54 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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