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$390,000 Sold

3631 Washington Avenue, Cincinnati, OH 45229

8 beds
Residential Income
Built in 1961
0.13 acres
9 days on market
MLS# 1890299

About this home

Investors, take a look at this cash flowing 4 unit property! Each unit offers 2 bedrooms and 1 full bathroom, providing a desirable layout for tenants and strong rental potential. The property features a roof that is only 1 year old, offering added peace of mind for ownership. Units 3 and 4 are both leased at $1,300/month and have been completely updated with new flooring, kitchen cabinets, countertops, appliances, and brand new bathrooms. Units 1 and 2 are currently rented for $1,150/month each, generating a total of $4,900 in monthly rental income, or $58,800 annually. With four separate units and separate electricity meters, recent improvements, a newer roof, and established rental income, this property offers an excellent opportunity for investors looking to add a cash flowing multifamily property to their portfolio. Unit 1 is month to month, all other units leases expires in October 2026.

Facts & features

Interior

Bedrooms
8

Property

Property Type
Residential Income
Year Built
1961
Lot Size
0.13 acres

Listing details

Price
$390,000
Status
Sold
Days on Market
9
MLS Number
1890299
Listing Agent
Gordon Green
Brokerage
eXp Realty

Features

Style
Multi Family
Heating
Forced Air
Cooling
Central Air
Roof
Membrane
Sewer
Public Sewer
Water
Public

Location

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