Investors who want reliable passive income: Very well kept brick duplex in a cul-de-sac. Two 2/1 units. Few blocks from Colerain Ave, North College Hill, Northgate Mall, lots of shopping. Units have separate furnaces(newer), gas & electric. Both units are occupied with reliable tenants paying $950/month, leases end in September. Market rent in the area is up to $1,300/month. Opportunity to acquire a fully occupied rental property making about $2,000/month. Start making passive income! Sold as-is
Sold for $190,000 on 04/21/23
$190,000
2503 Rack Ct, Cincinnati, OH 45239
4beds
1,820sqft
Multi Family, Duplex
Built in 1956
-- sqft lot
$223,500 Zestimate®
$104/sqft
$1,273 Estimated rent
Home value
$223,500
$203,000 - $244,000
$1,273/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 20, 2023 at 10:04pm
Listed by:
Zoe Altenau 513-535-5061,
Homeology 513-275-1212,
Dustin Wanninger 513-633-8415,
Homeology
Bought with:
Bonnie K. Overbeck, 2004004169
3 B Realty Group LLC
Joshua Thompson, 2015003900
3 B Realty Group LLC
Source: Cincy MLS,MLS#: 1763941
Originating MLS: Cincinnati Area Multiple Listing Service
Originating MLS: Cincinnati Area Multiple Listing Service
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas
Cooling
- Central Air, Separate Air Conditioning
Features
- Windows: Casement
- Basement: Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,820
- Total interior livable area: 1,820 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Street, Off Street, Driveway
- Has attached garage: Yes
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,929 sqft
- Features: Cul-De-Sac
Details
- Parcel number: 2310001009700
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Gas: Natural
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cincinnati
HOA & financial
Other financial information
- Total actual rent: 1900
Other
Other facts
- Listing terms: No Special Financing,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2023 | Sold | $190,000-7.3%$104/sqft |
Source:  Cincy MLS #1763941 Report a problem | ||
| 4/5/2023 | Pending sale | $204,900$113/sqft |
Source: Cincy MLS #1763941 Report a problem | ||
| 3/18/2023 | Listed for sale | $204,900$113/sqft |
Source: Cincy MLS #1763941 Report a problem | ||
| 2/11/2023 | Pending sale | $204,900$113/sqft |
Source: Cincy MLS #1763941 Report a problem | ||
| 2/9/2023 | Listed for sale | $204,900+28.1%$113/sqft |
Source: Cincy MLS #1763941 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,545 -0.2% | $56,000 |
| 2023 | $3,551 +59.6% | $56,000 +77.6% |
| 2022 | $2,225 +1.5% | $31,532 |
Find assessor info on the county website
Neighborhood: Mt. Airy
Nearby schools
GreatSchools rating
- 4/10Mt. Airy Elementary SchoolGrades: PK-7Distance: 0.3 mi
- 4/10Aiken New Tech High SchoolGrades: 1-2,6-12Distance: 1.5 mi
- 3/10James N. Gamble Montessori High SchoolGrades: 7-12Distance: 4.5 mi
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Estimated market value
$223,500
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
$223,500