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Sold for $389,000 on 07/15/24
  • $389,000

    452 Klotter Ave, Cincinnati, OH 45214

    4beds
    1,800sqft
    MultiFamily
    Built in 1870
    -- sqft lot
    $400,600 Zestimate®
    $216/sqft
    $1,608 Estimated rent

    Owner options

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    $1,608/mo

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    $1,608/mo

    Rent Zestimate®

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    $2,509/mo

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    $2,509/mo

    Est. payment

    What's special

    452 Klotter Ave is a great investment property or a perfect fit for the right owner-occupied buyer. Centrally located directly below Fairview Park on the border of Clifton & OTR, 452 Klotter Avenue is a hidden gem on a long, quiet dead end street with an abundance of sunshine. The neighborhood is beautiful with small parking lots, flower gardens and dog parks added over the years. Conveniently located within a mile to UC, All Major Cincinnati Hospitals, Downtown, OTR, The Banks, Washington Park, Music Hall, Reds, Bengals & FC Cincinnati Stadiums this property is close to everything Cincinnati has to offer. I have owned the house 7.5 years, lived there for 2.5 years (absolutely loved it until my family needed more space with our fourth child) and it has been fully rented with zero vacancy for the past 5 years. There are sweeping downtown views from the 3rd story balcony, main upper unit living space and the master bedroom. Since we bought in 2017 both next door homes have been fully renovated from being vacant and FCC Stadium built in the West End. Unit 1 is a studio apartment with a full kitchen and bath as well as laundry. It is spacious and full of natural light. Hardwood floors in the living space and tile in the elevated kitchen and bath. Built in recessed lighting and a large closet for all the storage you need. Unit 2 is a three bedroom, two full bath space. Also featuring abundant natural light, built in recessed lighting, hardwood floors and access to laundry. The living room & front deck along with the master bedroom is the main feature of this space. The master bedroom has a 13 foot ceiling, plenty of floor space, an abundance of natural light and a very large window looking out over the core of downtown Cincinnati. All bedrooms are decent size with large closets. Both spaces are currently generating great cash flow. Tenants are very easy to find between UC, Hospitals and young business professionals. It has been rented within 3 days anytime there’s a lease that isn’t renewed. I have been able to increase cash flow every year for the past 5 years. Street parking is the norm on Klotter with very few houses having garages. The majority of the time spots are very easy to find. There are sometimes vacancies in a parking lot directly across the street that are for rent by a neighbor. Recent updates – Front facade painted summer 2023, new downstairs furnace 2022, new upper central air 2023, water heaters both replaced 2021, upper furnace was replaced 2017. Rubber roof inspected fall 2022, edges and seams resealed with no other reported issues. All in all the house is in great condition.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,800 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Vinyl, Wood
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 0960003008300

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1870

    Community & neighborhood

    Location
    • Region: Cincinnati
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    Estimated market value
    $400,600