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4947 Charlemar Drive Cincinnati, OH $ 495,000
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4947 Charlemar Drive
$ 495,000
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4947 Charlemar Drive

Cincinnati, OH, 45227
$ 495,000
Baths0.0 Sq 2,524

Monthly Estimate*

$ 3,048

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Studio

Multi-Family Home for sale in Cincinnati, OH

for $495,000. This 2,524 square foot home was built in 1957 on a lot size of 0.164.

Turnkey investment opportunity in a prime, high demand location! This well maintained 3 family building features two spacious 2 bedroom units and one efficiency/studio, just perfect for maximizing income potential. Currently, one 2 bedroom and the studio are leased, offering immediate cash flow, while the remaining 2 bedroom unit is vacant and ready for an owner occupant or additional rental income. Ideal for house hacking or expanding your portfolio. Situated between Oakley and Madisonville, right near Red Bank & Madison Rd, the Medpace Madison Square Campus, Element Eatery, and lots of popular ongoing development, plus quick access to Oakley Station and beyond. A rare blend of location, flexibility, and opportunity!

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Multi-Family Active

Price

$ 495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.164

Year Built

1957

Town/City

Cincinnati

County/Region

Hamilton

MLS | Web ID

1872790
Features
General
Sewer Public Sewer
Heating Gas Hot Water
Cooling Central Air Wall Unit
Roof Shingle
Garage Built in Front
Unit 4 Rent 0.0
Unit 2 Rent 0.0
Unit 3 Rent 715.0
Unit 1 Rent 1480.0
Garage Spaces 0.0
Construction Materials Aluminum Siding Brick
Year Built 1957
Levels Two
Property Subtype Multi Fam 2-4 units
County Hamilton
Net Operating Income 0.0
Property Type Residential Income
Close Price 0.0
Status Active
Directions West on Madison Road left on Charlemar Drive
City Cincinnati
High School District Cincinnati City SD
Open Parking Spaces 0
Number Of Units Total 3
MLS Area Hamilton-E04
Lot Size Units Acres
Lot Size Square Feet 7144.0
Structure Type Triplex
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Interior
Basement Full
Fireplace Features None
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 2
Unit3Bedrooms 1
Window Features Vinyl
Bedrooms Possible 0
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Exterior
Exterior Amenities Metal Fence
Parking Features Driveway Garage
Water Source Public
Foundation Details Poured
Lot Dimensions 69.60 X 141.08
Lot Size Acres 0.164
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Internal Only
Street Number 1 4947
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* Excluded Features
List By
Coldwell Banker Realty

Broker

scott@oylerhines.com

Email

Affordability Calculator

$3,048
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,048
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4319653 Elementary School
4319646 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/27/2026$495,000 Listed Price

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4947 Charlemar Drive, Cincinnati, OH, 45227 is a Multi-Family Home for sale at $495,000 with 2,524 sqft and a lot size of 0.164. 4947 Charlemar Drive is a studio with 0.0 baths and was built in 1957. The property's zip code is 45227 which is in Cincinnati, OH

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