Listed By
Agency Name: eXp Realty
Agent Name: Gordon Green
Agency Phone: 8662124991
Shown By
Agent Name: Kim Mills
Agent Phone: (614) 439-9132
Agency Title: Cutler Real Estate
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Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air
Days on Market: 5
Fireplaces: 0
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $3,666
Year Built: 1961
Feature Descriptions
Exterior: Brick
Fireplace Features: None
Foundation: Slab
Gas: Natural
Parcel #: 113-0003-0116-00
Parking: Onstreet
Sewer: Public Sewer
Total Buildings: 1
Units: 4
Water: Public
Window Features: Insulated
Local Schools
School District: Cincinnati
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Estimated Payment
$ 2,444.09 per month $2,023.38 Principal & Interest $305.50 Property Tax $115.21 Homeowner's InsuranceChange Payment Information
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3631 Washington Avenue | MLS# 1890299
This multi-family property located at 3631 Washington Avenue, Cincinnati, OH 45229 is currently listed for sale with an asking price of $395,000. Washington Avenue is located within the Cincinnati school district. Search Cincinnati real estate on www.sellwithmills.com today.