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For sale
  • Price cut: $25K (3/22)
    $850,000

    87 E State Rd, Cleves, OH 45002

    16beds
    --baths
    832sqft
    : 
    Apartment
    Built in 1930
    -- sqft lot
    $808,800 Zestimate®
    $1,022/sqft
    $-- HOA

    What's special

    Turnkey townhome complex, 8 units, 2 bed, 1.5 bath with finished basement for a possible 3rd bedroom. Tenants pay all utilities including water, heat & electric. Well maintained, easy to lease with long term tenants. Room to increase rents to market rates.
    172 days
    |
    450
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 22, 2026 at 08:39am

    Listed by:

    Joseph A Cornwell 513-340-8014,

    OwnerLand Realty, Inc. 513-896-1200

    Source: Cincy MLS,MLS#: 1857946MLS LogoOriginating MLS: Cincinnati Area Multiple Listing Service

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air, Separate Air Conditioning
      Features
      • Windows: Vinyl, Double Hung, Insulated Windows
      • Basement: Full
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 832
      • Total interior livable area: 832 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Parking Lot, Off Street, Private
      • Uncovered spaces: 10
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio, Deck
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 0.76 Acres
      • Features: Wooded
      Details
      • Parcel number: 5720008022900
      • Zoning description: Multi Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      Materials
      • Brick, Vinyl Siding
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Gas: At Street
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Cleves

      Financial & listing details

      • Price per square foot: $1,022/sqft
      • Tax assessed value: $73,360
      • Annual tax amount: $10,120
      • Date on market: 10/8/2025
      • Listing terms: No Special Financing
      • Tenant pays: Heat, Water
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        Estimated market value

        $808,800

        $768,000 - $849,000

        $998/mo

        Price history

        Price history
        DateEventPrice
        3/22/2026Price change$850,000-2.9%$1,022/sqft
        Source: Cincy MLS #1857946 Report a problem
        11/19/2025Price change$875,000-2.8%$1,052/sqft
        Source: Cincy MLS #1857946 Report a problem
        10/9/2025Listed for sale$900,000+47.5%$1,082/sqft
        Source: Cincy MLS #1857946 Report a problem
        9/1/2020Sold$610,000-9.6%$733/sqft
        Source: Cincy MLS #1663512 Report a problem
        7/6/2020Pending sale$675,000$811/sqft
        Source: Keller Williams Advisors #1663512 Report a problem
        6/3/2020Listed for sale$675,000+29.8%$811/sqft
        Source: Keller Williams Advisors #1663512 Report a problem
        5/19/2019Listing removed$895$1/sqft
        Source: Owner Report a problem
        4/19/2019Listed for rent$895$1/sqft
        Source: Owner Report a problem
        2/5/2019Listing removed$895$1/sqft
        Source: Owner Report a problem
        1/11/2019Listed for rent$895-0.6%$1/sqft
        Source: Owner Report a problem
        8/11/2017Sold$520,000$625/sqft
        Source: Cincy MLS #1530196 Report a problem
        7/4/2015Listing removed$900$1/sqft
        Source: Owner Report a problem
        6/4/2015Listed for rent$900$1/sqft
        Source: Owner Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$1,265 +1%$25,676
        2023$1,252 +5.3%$25,676 +31%
        2022$1,190 -7.6%$19,597
        2021$1,288 +2.5%$19,597 +0%
        2020$1,256 -4.9%$19,596
        2019$1,322 +4.6%$19,596 0%
        2018$1,263 $19,597
        2017$1,263 +65.3%$19,597 +53%
        2016$764 $12,810
        2015$764 -1%$12,810
        2014$772 -21.5%$12,810 -21%
        2013$983 +6.4%$16,205
        2012$924 +0.4%$16,205
        2011$920 -29%$16,205 -20.9%
        2010$1,295 +20.7%$20,482
        2009$1,074 +2.1%$20,482
        2008$1,052 -15.3%$20,482 -17%
        2007$1,242 -4.1%$24,675
        2006$1,296 +8.3%$24,675
        2005$1,196 +0.3%$24,675 +4.4%
        2003$1,192 -0.9%$23,625
        2002$1,203 -5.8%$23,625 -0.1%
        2001$1,277 $23,660
        2000-- --

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,325/mo
        Principal & interest
        $4298
        Property taxes
        $1027
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          Climate risks

          Neighborhood: 45002

          Getting around

          55 / 100
          Somewhat Walkable
          16 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 45002