Turn-key standalone commercial building with 7 apartments and 2 retail storefronts located in the growing business district of Silverton, 1.5 miles from Kenwood Mall and I-71. Strong investment opportunity with long-term solid rental income. All units are fully leased with value-add potential for rent increases. 3- 1 bed, 3- 2 bed, 1- 3bed apartments, and 2 retail storefronts, and a full basement with coin laundry. Each unit is separately metered for gas and electricity. New Roof with transferable warranty, all windows caulked and sealed, and new flooring in common areas. 13 parking spaces with off-street parking as well. The public bus stop is across the street with a crosswalk to the building. Property is currently rented at $111,000 yr. Currently at an 8 cap with room to go higher with rent increases.
For sale
Price cut: $46K (8/18)
$949,000
7045 Montgomery Rd, Cincinnati, OH 45236
12beds
--baths
--sqft
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 161 days
- 98
- 5
Zillow last checked:
Listing updated:
Listed by:
Andrew D Willoughby 937-470-8195,
eXp Realty 866-212-4991
Source: Cincy MLS,MLS#: 1875802
Originating MLS: Cincinnati Area Multiple Listing Service
Originating MLS: Cincinnati Area Multiple Listing Service
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Heating
- Forced Air, Gas
Cooling
- Central Air, Separate Air Conditioning
Appliances
- Laundry: Coin Laundry
Features
- Windows: Vinyl
- Basement: Full
- Has fireplace: Yes
- Fireplace features: Inoperable
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 13
- Parking features: Asphalt, Parking Lot, On Street
- Uncovered spaces: 13
Features
- Stories: 3
- Has view: Yes
- View description: City
Lot
- Features: Busline Near
Details
- Parcel number: 6020001034000
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick
- Foundation: Stone
- Roof: Shingle,Membrane
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cincinnati
Financial & listing details
- Tax assessed value: $650,000
- Annual tax amount: $19,260
- Date on market: 4/17/2026
- Listing terms: No Special Financing
- Tenant pays: Heat
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Price change | $949,000-4.6% |
Source:  Cincy MLS #1875802 Report a problem | ||
| 6/16/2026 | Price change | $995,000-5.2% |
Source: Cincy MLS #1875802 Report a problem | ||
| 4/18/2026 | Listed for sale | $1,050,000+61.5% |
Source: Cincy MLS #1875802 Report a problem | ||
| 2/8/2023 | Sold | $650,000 |
Source: Cincy MLS #1762515 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $18,434 +0.3% | $227,500 |
| 2023 | $18,387 +250% | -- |
| 2022 | $5,253 -3.5% | $56,970 |
| 2021 | $5,443 +5.7% | $56,970 |
| 2020 | $5,150 -7.4% | $56,970 +7% |
| 2019 | $5,561 +2.8% | $53,242 |
| 2018 | $5,412 +5% | $53,242 0% |
| 2017 | $5,154 +12% | $53,243 +8.7% |
| 2016 | $4,601 +2.5% | $49,000 |
| 2015 | $4,488 -0.3% | $49,000 |
| 2014 | $4,501 -19.8% | $49,000 -20% |
| 2013 | $5,615 +2.3% | $61,251 |
| 2012 | $5,489 -24.1% | $61,251 -25.4% |
| 2011 | $7,228 +2.9% | $82,142 -2.5% |
| 2010 | $7,027 +3% | $84,263 |
| 2009 | $6,823 +1.9% | $84,263 |
| 2008 | $6,698 +17% | $84,263 +7% |
| 2007 | $5,726 -21.2% | $78,750 -18.2% |
| 2006 | $7,267 +5.9% | $96,250 |
| 2005 | $6,862 +101.2% | $96,250 +89% |
| 2003 | $3,410 +6.8% | $50,925 |
| 2002 | $3,194 -7.8% | $50,925 -3.3% |
| 2001 | $3,463 +3.6% | $52,640 |
| 2000 | $3,342 | $52,640 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 45236
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