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Pending
  • Price cut: $100K (3/5)
    $350,000

    501 Terrace Ave, Cincinnati, OH 45220

    4beds
    3,348sqft
    : 
    Multi Family, Duplex
    Built in 1946
    -- sqft lot
    $-- Zestimate®
    $105/sqft
    $-- HOA

    What's special

    Prime Clifton Location! This two-family property offers excellent potential for investors or owner occupant looking to generate income. Each unit includes two bedrooms, one bath, generous living and dining spaces. Close to the best of Cincinnati's restaurants, entertainment & universities. The property offers both convenience and long-term value in one of the cities most sought after neighborhoods. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income, this property provides flexibility for both scenarios.
    146 days
    |
    1,346
    |
    64
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 13, 2026 at 01:54pm

    Listed by:

    Nicole L Byerly 513-375-1326,

    Coldwell Banker Realty 513-321-9944

    Source: Cincy MLS,MLS#: 1859104MLS LogoOriginating MLS: Cincinnati Area Multiple Listing Service

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Gas
      Cooling
      • Central Air
      Features
      • Storage
      • Windows: Casement, Insulated Windows
      • Basement: Full
      • Has fireplace: Yes
      • Fireplace features: Ceramic, Inoperable
      Interior area
      • Total structure area: 3,348
      • Total interior livable area: 3,348 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: On Street, Garage
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      • Exterior features: Balcony
      • Has view: Yes
      • View description: City
      Lot
      • Size: 8,102.16 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 2140002012000
      • Zoning description: Residential,Multi Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Aluminum Siding, Brick
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1946

      Utilities & green energy

      • Gas: Natural
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Cincinnati

      Financial & listing details

      • Price per square foot: $105/sqft
      • Tax assessed value: $403,030
      • Annual tax amount: $8,992
      • Date on market: 10/15/2025
      • Listing terms: No Special Financing
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/13/2026Pending sale$350,000$105/sqft
        Source: Cincy MLS #1859104 Report a problem
        3/5/2026Price change$350,000-22.2%$105/sqft
        Source: Cincy MLS #1859104 Report a problem
        1/20/2026Price change$450,000-9.8%$134/sqft
        Source: Cincy MLS #1859104 Report a problem
        10/18/2025Listed for sale$499,000+118.2%$149/sqft
        Source: Cincy MLS #1859104 Report a problem
        3/28/2013Listing removed$1,700$1/sqft
        Source: Comey & Shepherd Realtors #1349823 Report a problem
        3/27/2013Listed for rent$1,700$1/sqft
        Source: Comey & Shepherd Realtors #1349823 Report a problem
        9/24/2001Sold$228,725+27.1%$68/sqft
        Source: Cincy MLS #745366 Report a problem
        12/20/1996Sold$180,000$54/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$8,993 -0.2%$141,061
        2023$9,009 +17.9%$141,061 +31.3%
        2022$7,640 +1.7%$107,450
        2021$7,512 $107,450
        2020$7,512 +1.9%$107,450 +12%
        2019$7,374 +3.9%$95,938 0%
        2018$7,100 $95,939
        2017$7,100 +18.1%$95,939 +8.3%
        2016$6,012 $88,550
        2015$6,012 -0.5%$88,550
        2014$6,044 +8.1%$88,550 +10%
        2013$5,590 +2.2%$80,500
        2012$5,467 +1.5%$80,500
        2011$5,385 -1%$80,500 -8.9%
        2010$5,441 +1.7%$88,358
        2009$5,349 +1.5%$88,358
        2008$5,272 +12.9%$88,358 -1%
        2007$4,669 +1.1%$89,250
        2006$4,618 -1.1%$89,250
        2005$4,670 +5.3%$89,250 +14.9%
        2003$4,435 +6.7%$77,665
        2002$4,157 +15.5%$77,665 +23.3%
        2001$3,599 +2.9%$63,000
        2000$3,499 $63,000

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,165/mo
        Principal & interest
        $1742
        Property taxes
        $423
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          Climate risks

          Neighborhood: Clifton

          Getting around

          80 / 100
          Very Walkable
          53 / 100
          Good Transit
          67 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 45220

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