Exceptional Investment Opportunity! This 12-room multifamily building features four spacious 3-bedroom units, including a massive two-story apartment with over 1,400 sq ft of living space. Two of the units have been beautifully updated, offering modern amenities and style. The property has a brand-new roof (2023) and newer HVAC systems, ensuring minimal upkeep for years to come. With current rents in the area reaching up to $1,500 per unit, this is an ideal purchase for investors seeking strong cash flow or owner-occupants looking for rental income to offset mortgage costs. Two units are currently unoccupied, allowing immediate income potential. Close to Xavier University, University of Cincinnati, shopping, restaurants, and local hospitals. Don't miss this rare opportunity!
Sold for $390,000 on 10/31/24
$390,000
3640 Reading Rd, Cincinnati, OH 45229
12beds
3,890sqft
Multi Family, Quadruplex
Built in 1900
-- sqft lot
$399,000 Zestimate®
$100/sqft
$1,336 Estimated rent
Home value
$399,000
$359,000 - $443,000
$1,336/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 01, 2024 at 07:49am
Listed by:
Denise M Taylor 513-477-3121,
eXp Realty 866-212-4991,
Steven D Taylor 513-432-4530,
eXp Realty
Bought with:
Tyler Everidge, 2020004351
eXp Realty
Source: Cincy MLS,MLS#: 1819460
Originating MLS: Cincinnati Area Multiple Listing Service
Originating MLS: Cincinnati Area Multiple Listing Service
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Forced Air
Cooling
- Window Unit(s)
Features
- Windows: Insulated Windows, Vinyl
- Basement: Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,890
- Total interior livable area: 3,890 sqft
Property
Parking
- Total spaces: 4
- Parking features: Parking Lot
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,056 sqft
Details
- Parcel number: 1080004000800
- Zoning description: Multi Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Other
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cincinnati
HOA & financial
Other financial information
- Total actual rent: 3600
Other
Other facts
- Listing terms: No Special Financing,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2024 | Sold | $390,000-2.5%$100/sqft |
Source:  Cincy MLS #1819460 | ||
| 9/27/2024 | Pending sale | $399,900$103/sqft |
Source: Cincy MLS #1819460 | ||
| 9/26/2024 | Listed for sale | $399,900+13.3%$103/sqft |
Source: Cincy MLS #1819460 | ||
| 10/31/2023 | Sold | $353,000-0.6%$91/sqft |
Source: Cincy MLS #1762107 | ||
| 10/3/2023 | Pending sale | $355,000$91/sqft |
Source: Cincy MLS #1762107 | ||
Public tax history
Tax history is unavailable.
Neighborhood: North Avondale
Nearby schools
GreatSchools rating
- 5/10South Avondale Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 8/10Walnut Hills High SchoolGrades: 5-12Distance: 0.8 mi
- 2/10Withrow University High SchoolGrades: 5-12Distance: 2 mi
Get a cash offer in 3 minutes
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Estimated market value
$399,000
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
$399,000