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Sold for $230,000 on 12/01/23
  • $230,000

    241 Gilman Ave, Cincinnati, OH 45219

    --beds
    --baths
    3,242sqft
    Apartment
    Built in 1900
    -- sqft lot
    $419,000 Zestimate®
    $71/sqft
    $1,855 Estimated rent

    What's special

    Introducing a fantastic, 5 unit investment opportunity in the thriving Mt. Auburn area near University of Cincinnati! This multi-family property is a savvy investor's dream, with a potential for substantial value appreciation. Currently offering below-market rents and partially occupied, there is significant room for rental income growth Imagine the cash flow potential as you raise rents to match market rates and enhance the property's appeal through strategic renovations. With an estimated After Repair Value (ARV) of $650,000+/-, this investment promises attractive returns. Being sold as is where is. Whether you're looking to expand your real estate portfolio, secure a steady cash flow, or capitalize on the thriving University community, this property has it all. Owner is a licensed agent in Ohio.

    Zillow last checked: 7 hours ago

    Listing updated: January 04, 2024 at 12:15pm

    Listed by:

    Varun Varma 513-307-3599,

    Coldwell Banker Realty 513-321-9944

    Bought with:

    Robert C Speckert, 2019003755

    eXp Realty

    Source: Cincy MLS,MLS#: 1787206MLS LogoOriginating MLS: Cincinnati Area Multiple Listing Service

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • Wall Unit(s)
    Features
    • Windows: Aluminum Frames
    • Basement: Full
    Interior area
    • Total structure area: 3,242
    • Total interior livable area: 3,242 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,229 sqft
    • Dimensions: 76 x 86
    Details
    • Parcel number: 08800070141

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Stucco
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cincinnati

    Other

    Other facts
    • Listing terms: Cash
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $419,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $419,000