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.
For sale
Price cut: $25K (11/19)
$875,000
87 E State Rd, Cleves, OH 45002
16beds
--baths
832sqft
Est.:
Apartment
Built in 1930
-- sqft lot
$827,900 Zestimate®
$1,052/sqft
$-- HOA
What's special
- 80 days |
- 322 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 12:22pm
Listed by:
Joseph A Cornwell 513-340-8014,
OwnerLand Realty, Inc. 513-896-1200
Source: Cincy MLS,MLS#: 1857946
Originating MLS: Cincinnati Area Multiple Listing Service
Originating 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: $1,052/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
Estimated market value
$827,900
$787,000 - $869,000
$1,060/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Price change | $875,000-2.8%$1,052/sqft |
Source:  Cincy MLS #1857946 Report a problem | ||
| 10/9/2025 | Listed for sale | $900,000+47.5%$1,082/sqft |
Source: Cincy MLS #1857946 Report a problem | ||
| 9/1/2020 | Sold | $610,000-9.6%$733/sqft |
Source: Cincy MLS #1663512 Report a problem | ||
| 7/6/2020 | Pending sale | $675,000$811/sqft |
Source: Keller Williams Advisors #1663512 Report a problem | ||
| 6/3/2020 | Listed for sale | $675,000+29.8%$811/sqft |
Source: Keller Williams Advisors #1663512 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,265 +1% | $25,676 |
| 2023 | $1,252 +5.3% | $25,676 +31% |
| 2022 | $1,190 -7.6% | $19,597 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,495/mo
Principal & interest
$4175
Property taxes
$1014
Home insurance
$306
Climate risks
Neighborhood: 45002
Nearby schools
GreatSchools rating
- 9/10Three Rivers ElementaryGrades: PK-4Distance: 0.7 mi
- 6/10Taylor Middle SchoolGrades: 5-8Distance: 0.7 mi
- 8/10Taylor High SchoolGrades: 9-12Distance: 0.7 mi
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