1589 Summit Road, Cincinnati, OH 45237
Fully renovated 5-unit building with four 1-bedroom units and one efficiency unit, with tenants paying utilities except water.
- 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
Listing office Coldwell Banker West Shell West Chester
Listing date Jun 16, 2026
Source Crexi
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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
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.4614726
- Latitude
- 39.2018664