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3846 Reading Road

Cincinnati, OH 45229
  • $299,000
  • STATUS: Pending
  • ON SITE: 35 Days
  • MLS #: 1830813
Pending
UPDATED: 67 min ago
$299,000
  • 9
    BEDS
  • 0.28
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1926
County:
Area:

School Ratings & Info

School District:
MLS of Greater Cincinnati logo

Description

This premier property features three large-footprint units,each offering 3 bedrooms and 1 bathroom. Fully occupied, it reflects stable tenancy with tenants on month-to-month leases, offering flexibility for new ownership. Each unit has its own private entrance. Tenants pay for electric and heating (with two furnaces and one boiler), while the landlord covers water expenses. Rents average only $0.80 per square foot, presenting an opportunity for rental increases. Zoned as 419 - Other Commercial Housing, this property allows for both residential and commercial uses. It also offers potential for owner-occupancy. Located in North Avondale.

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MLS of Greater Cincinnati logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocityâ„¢ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Apex Group | Keller Williams are marked with the Broker Reciprocityâ„¢ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Apex Group | Keller Williams. Data last updated 2025-03-21T09:13:40.357.
www.searchnorthernkentucky.com/homes/160488239
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3846 Reading Road Cincinnati, OH 45229

  • Price: $299,000
  • Status: Pending
  • On Site: 35 Days
  • Updated: 67 min ago
  • MLS #: 1830813
9
Beds
3
Baths
0
½ Baths
0.28
Acres
1926
Built
Neighborhood:
Avondale
County:
Hamilton
Area:
Avondale
School District:
Cincinnati City SD
Property Description
This premier property features three large-footprint units,each offering 3 bedrooms and 1 bathroom. Fully occupied, it reflects stable tenancy with tenants on month-to-month leases, offering flexibility for new ownership. Each unit has its own private entrance. Tenants pay for electric and heating (with two furnaces and one boiler), while the landlord covers water expenses. Rents average only $0.80 per square foot, presenting an opportunity for rental increases. Zoned as 419 - Other Commercial Housing, this property allows for both residential and commercial uses. It also offers potential for owner-occupancy. Located in North Avondale.
Exterior Features

Construction Materials Brick Foundation Details Poured Garage None Levels Three Open Parking Spaces 10 Parking Features LotOff StreetPrivate Roof Shingle

Interior Features

Appliances Include OvenStoverefrigerator Basement Full Cooling Window Unit Efficiency Sq Ft 0 Efficiency Units 0 Fireplace Features None Fireplaces 0 Heating RadiantForced AirGas Separate Air Conditioning Yes Unit1 Rooms 8 Unit2 Rooms 8 Unit3 Rooms 6 Unit4 Rooms 0 Window Features Casement

Property Features

Auction No Efficiency Rent 0 Gas Natural Gas And Electric 0 Gross Income 34800 Heat Paid Tenant Insurance Expense 1800 Lease Information Month to Month Maintenance Expense 1800 Mls Area Hamilton-E01 Net Operating Income 20256 New Construction YN No New Taxes Expense 4020 Other Expense 600 Pending Contingency Accept Backup Offers Property Sub Type Multi Fam 2-4 units Semi Annual Taxes $2010 Separate Furnace No Separate Gas Elect Yes Sewer Public Sewer Special Financing No Subdivision Name Avondale Unit1 Rent 1050 Unit2 Rent 1200 Unit3 Rent 650 Unit4 Rent 0 Waste Removal 0 Water Paid Owner Water Sewer Expense 4584 Water Source Public Zoning Residential

MLS of Greater Cincinnati logo © 2025 MLS of Greater Cincinnati, Inc. All rights reserved. Listing courtesy of 3CRE Residential Advisors, LLC, and Tryfon Christoforou, . Information deemed reliable but not guaranteed.
MLS of Greater Cincinnati logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocityâ„¢ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Apex Group | Keller Williams are marked with the Broker Reciprocityâ„¢ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Apex Group | Keller Williams. Data last updated 2025-03-21T09:13:40.357.
 
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