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    Property profile & analytics

    497 Main St Monroe, OH 45050-1769

    • Garden apartment buildings
    • 3,600 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Last Sale
    Jul 20, 2021
    $280,000
    Location Intelligence
    Property ID
    US66-0273419
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 497 Main St

    Year built
    1973
    Lot size
    0.49 lot acres
    Property size
    3,600 SF
    Property type
    Garden apartment buildings
    APN
    C1800-008.230-003
    APU
    C1800008230003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Butler
    State
    Ohio
    Longitude
    -84.3651
    Latitude
    39.4384
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,589
    $11,200
    $70,880
    $82,080
    -
    $32,000
    $202,500
    $234,500

    Comparable in this City

    • Value Estimation
      $190,000
      2,430 SF

      341 Old St

      GARDEN APT, COURT APT (5+ UNITS) • 2,430 SF
      341 Old St, Monroe, OH 45050-1773
      View Details
    • Value Estimation
      $310,000
      3,736 SF

      131 Ohio Ave

      GARDEN APT, COURT APT (5+ UNITS) • 3,736 SF
      131 Ohio Ave, Monroe, OH 45050-2311
      View Details
    • Value Estimation
      $245,000
      4,030 SF

      517 Main St

      GARDEN APT, COURT APT (5+ UNITS) • 4,030 SF
      517 Main St, Monroe, OH 45050-2403
      View Details
    • Value Estimation
      $1,465,000
      21,543 SF

      298 Courtland Dr

      GARDEN APT, COURT APT (5+ UNITS) • 21,543 SF
      298 Courtland Dr, Monroe, OH 45050-1266
      View Details
    • Value Estimation
      $1,445,000
      21,543 SF

      258 Courtland Dr

      GARDEN APT, COURT APT (5+ UNITS) • 21,543 SF
      258 Courtland Dr, Monroe, OH 45050-1264
      View Details
    • Value Estimation
      $330,000
      3,736 SF

      141 Ohio Ave

      GARDEN APT, COURT APT (5+ UNITS) • 3,736 SF
      141 Ohio Ave, Monroe, OH 45050-2302
      View Details

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    Similar Nearby for Lease

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      18,016 SF

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      View Details
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    497 Main St
    Monroe, OH 45050-1769
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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