9481 Reading Rd. is a 10-unit multifamily asset located in the desirable Reading neighborhood of Cincinnati. The property features a unit mix of 6 studios, 2 one-bedrooms, and 2 two-bedrooms, catering to a wide range of renters. Heating is provided by a central boiler and two furnaces, all paid by the owner, offering a clear opportunity to improve operating expenses. This opportunity presents multiple value-add angles, including rent increases, implementing RUBS, and separately metering the furnaces to shift utility costs to tenants. At $65,000 per door, the property is competitively priced with operational upside. 9481 Reading Rd. is ideal for investors looking to grow their portfolio in a strong rental submarket with reliable tenant demand.
For sale
Price cut: $20K (8/1)
$650,000
9481 Reading Rd, Cincinnati, OH 45215
6beds
--baths
--sqft
Est.:
Apartment
Built in 1951
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 3 days
- on Zillow |
- 63 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 11:12am
Listed by:
Andrew Kroeger 513-995-4736,
Keller Williams Advisors 513-766-9200,
Adam C Curry 513-373-4328,
Keller Williams Advisors
Source: Cincy MLS,MLS#: 1850272
Originating MLS: Cincinnati Area Multiple Listing Service

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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Gas, Hot Water
Cooling
- Wall Unit(s), Separate Air Conditioning
Features
- Windows: Aluminum Frames
- Basement: Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 10
- Parking features: Parking Lot, Private
- Has garage: Yes
- Uncovered spaces: 10
Features
- Levels: Two
- Stories: 2
Lot
- Size: 10,105.92 Square Feet
Details
- Parcel number: 6710002003100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Gas: Natural
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cincinnati
Financial & listing details
- Annual tax amount: $10,746
- Date on market: 8/1/2025
- Listing terms: No Special Financing
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