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    Turnkey Renovated 5-Unit Apartment Title is generated by Realmo AI

    1589 Summit Road, Cincinnati, OH 45237

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    Fully renovated 5-unit building with four 1-bedroom units and one efficiency unit, with tenants paying utilities except water.

    Type:Multifamily
    Property size:
    2,798 SF
    Price / SF:
    $159/SF
    Added:
    Jun 16, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 20 at 5:40 am

    Property Features for 1589 Summit Road

    General Information

    Standard status
    Active
    Size
    2,798 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1942

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    Dustin Walters

    Listing office Coldwell Banker West Shell West Chester

    Listing date Jun 16, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker West Shell West Chester

    HighLights

    • Fully renovated 5‑unit multifamily (built 1942) with four 1‑bedroom units and one efficiency unit
    • Gross rental income of $4,400/month; tenants pay all utilities except water
    • Renovations completed within the past 3 years: new drywall, electrical, plumbing, windows, roof, and gutters
    • Each unit has its own furnace and central A/C; remodeled kitchens with updated appliances
    • Solid brick building with excellent brickwork; two sump pumps for added protection
    • Basement efficiency unit with two separate entrances/exits; annual taxes under $6,000

    Overview

    This fully renovated, turnkey 5-unit apartment building offers four 1-bedroom units and one efficiency unit. The property is constructed as a solid brick building and has been extensively improved within the past 3 years, including new drywall, electrical, plumbing, windows, roof, gutters, and updated interior finishes. Each unit is equipped with its own furnace, along with central A/C units. Kitchens have been remodeled with updated appliances, and bathrooms feature marble and tile finishes. Exterior and building systems upgrades include brickwork maintained in excellent condition, and the property includes two sump pumps for added protection. A basement efficiency unit is included with two separate entrances/exits. One unit is intentionally vacant to support easy showings and immediate leasing.

    The asset is located at 1589 Summit Road in Cincinnati, OH 45237. Tenants pay all utilities except water, which helps keep operating costs more predictable. A basement efficiency configuration with two exits can also support tenant convenience and access.

    For prospective owners or operators, this property presents a turnkey multifamily option with recent capital improvements and a unit available for prompt leasing. The four 1-bedroom units combined with an efficiency layout provide mix-and-match flexibility for occupancy planning, while the tenant-paid utilities structure supports more controlled expenses. Taxes are currently reported under $6k annually.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.4614726
    Latitude
    39.2018664

    FAQs

    What type of property is this?
    Apartment building - Fully renovated 5-unit building with four 1-bedroom units and one efficiency unit, with tenants paying utilities except water.
    Where is this apartment building located?
    The property is located at 1589 Summit Road Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: Fully renovated 5‑unit multifamily (built 1942) with four 1‑bedroom units and one efficiency unit; Gross rental income of $4,400/month; tenants pay all utilities except water; Renovations completed within the past 3 years: new drywall, electrical, plumbing, windows, roof, and gutters
    More about this property
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