3636 Reading Road, Cincinnati, OH 45229
MULTI_FAMILY - Cincinnati, OH
- Added:
- Jun 6, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 13 at 10:06 pm
Property Features for 3636 Reading Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Window features
- Aluminum Frames
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- APN
- 108-0004-0010-00
- Size
- 3,752 SF
- Lot size
- 0.19 Acres
Utilities
- Heating system
- Electric (Heating), Baseboard
Building Details
- Year built
- 1900
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Ali Abdur-Rahman License #2004006274 (513) 378-4663
Listing office Plum Tree Realty 9078 Union Centre Blvd Ste 350, West Chester, OH (513) 443-5060
Listing date Jun 6, 2026
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Stabilized 4‑family in Avondale with unit mix: two 1BR, one 2BR, and one 3BR
- One vacancy: 3BR unit listed at $1,300; current monthly gross $2,970
- Renovations include new windows, new electric, new plumbing, new flooring, and new kitchens/bathrooms (2020)
- New sewer line completed in 2023
- Brick exterior with shingle roof; porch included
- Heating includes electric/baseboard; driveway parking
Overview
Located at 3636 Reading Road in Cincinnati, the building is positioned near a recreation center and on a bus line, supporting convenient transit access for residents. The property currently has one vacancy, which is the 3-bedroom unit at $1,300.
For buyers seeking a four-unit residential income property with documented renovations and a defined unit mix, this asset provides a clear baseline for operations. With current reported monthly gross of $2,970 and ongoing stability indicated by the overall “stabilized” description, the remaining work is primarily centered on turning the vacant unit and maintaining the recently updated building components.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.7k | $12.72 |
| − Vacancy | −$2.8k | −$0.75 |
| EGI | $44.9k | $11.97 |
| − OpEx | −$13.5k | −$3.59 |
| NOI | $31.4k | $8.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.487586
- Latitude
- 39.149238
