Avondale Four-Family Property For
For Sale
Contact for pricing
Reading Road, Cincinnati, OH 45229
Stabilized four-family property in Avondale with recent renovations.
Property SizeContact for details
Days on Market1705
Property Features for Reading Road
General Information
Standard status
Active
Class
C
Property subtype
Multifamily
Zoning
Multi Family
Occupancy
75%
Investment Type
Stabilized
Net Operating Income
$27,784
Building Details
Year Built
1900
Year Renovated
2023
Buildings
1
Stories
3
Units
4
Listing Agency:
Plum Tree Realty
(513) 443-5060
Listed By:
Ali Abdur-Rahman · License #OH 2004006274
Source:
Crexi
Added: Dec 8, 2021
Changed: Aug 8
Last Checked: Aug 8 at 11:53AM
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 Plum Tree Realty
Investment Insights
Based on property information with market context.
This stabilized four-family property is located in Avondale. The property features new windows, electric, plumbing, flooring, kitchens and bathrooms, all renovated in 2020. A new sewer line was installed in 2023. The unit mix includes two one-bedroom units, one two-bedroom unit, and one three-bedroom unit. The one-bedroom units are rented for $825 each, the two-bedroom unit for $1,100, and the three-bedroom unit for $1,325. The property is situated next to a recreation center and is on a bus line. Currently, the property is 50% occupied.
Key Highlights
- Fully renovated in 2020 with updated kitchens/bathrooms, flooring, electric, plumbing, and windows; new sewer line in 2023.
- Stabilized four‑family property.
- Located in the heart of Avondale.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Explore this area
Business Placement
Demographics for 45229, OH
12,540
Population
7,813
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
2.7 sq mi
ZIP Area
4,644
Density / Sq Mi
$30,829
Median Household Income
$25,772
Median Earnings
$831
Median Rent
$316,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Stabilized four-family property in Avondale with recent renovations.
Where is this quadplex located?
The property is located at Reading Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Fully renovated in 2020 with updated kitchens/bathrooms, flooring, electric, plumbing, and windows; new sewer line in 2023.; Stabilized four‑family property.; Located in the heart of Avondale.
