3048-3050 Gilbert Avenue Cincinnati, OH ^$ 1,100,000

3048-3050 Gilbert Avenue

^$ 1,100,000

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3048-3050 Gilbert Avenue

Cincinnati, OH, 45206

^$ 1,100,000

Studio Baths0.0

Monthly Estimate*

^$ 7,684

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Studio

Multi-Family Home for sale in Cincinnati, OH

for $1,100,000. This home was built in 1960 on a lot size of 1.2726.

Great buy and hold investment opportunity in the heart of Cincinnati! Ten unit apartment building includes a blend of renovated and non renovated units. Each unit offers plenty of space, with two bedrooms and one bathroom, making it an ideal option for families, Xavier students, and young professionals. Well below market rents with significant room for increase. The two parcel property also includes an additional vacant lot, perfect for improved parking, a dog park, or shared outdoor space.

Multi-Family Pending

Price

^$ 1,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

1.2726

Year Built

1960

Town/City

Cincinnati

County/Region

Hamilton

MLS | Web ID

1767231

Features

General

Sewer Public Sewer

Heating Gas Hot Water Baseboard

Cooling Wall Unit

Roof Shingle

Garage None

Unit 4 Rent 0.0

Unit 2 Rent 0.0

Unit 3 Rent 0.0

Unit 1 Rent 0.0

Garage Spaces 0.0

Construction Materials Brick

Year Built 1960

Levels Two

Property SubType Apartment

County Hamilton

Net Operating Income 0.0

Property Type ResidentialIncome

Close Price 0.0

Status Pending

Directions left on columbia parkway continue on WHT Rd Right onto Gilbert

City Cincinnati

Buyer Agent Compensation 2.5%

High School District Cincinnati City SD

Open Parking Spaces 12

Total Units 10

MLS Area Hamilton-E01

Lot Size Square Feet 55434.0

Street Name Gilbert

Structure Type Apartment 5+

Interior

Basement Full

Fireplace Features None

Unit 1 Full Baths 0

Unit 2 Full Baths 0

Unit 3 Full Baths 0

Window Features Insulated

Street Suffix Avenue

Bedrooms Possible 0

Exterior

Parking Features Lot Private

Water Source Public

Foundation Details Poured

Lot Dimensions 200 x 284

Lot Size Acres 1.2726

Lot Size Units Acres

Internal Only

Street Number 1 3048

* Excluded Features

List By

Keller Williams Advisors

Broker

adamcurry@kw.com

Affordability Calculator

$7,684

Per Month

Monthly Principal & Interest: $7,684
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cincinnati, OH

Average List Price ^$418,127

Percent of Sale Price 62%

About Cincinnati, OH

307,882 Population

-7% Since 2002

^$37,390 Median Income

35.1 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4319653 Elementary School

4319646 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/21/2023	$1,100,000	-25.42%	Price Down
3/24/2023	$1,475,000		Listed Price

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3048-3050 Gilbert Avenue, Cincinnati, OH, 45206 is a Multi-Family Home for sale at $1,100,000 with a lot size of 1.2726. 3048-3050 Gilbert Avenue is a studio with 0.0 baths and was built in 1960. The property's zip code is 45206 which is in Cincinnati, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the MLS of Greater Cincinnati IDX Database. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

Information is deemed reliable but is not guaranteed accurate by the MLS.

The information being provided is 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.

Data is updated as of 4/28/2024.

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3048-3050 Gilbert Avenue

Multi-Family Home for sale in Cincinnati, OH

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