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58 Gorman Lane Reading, OH $ 334,900
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$ 334,900 Get more info
58 Gorman Lane
$ 334,900
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58 Gorman Lane

Reading, OH, 45215
$ 334,900
Bedrooms6 Baths3.0

Monthly Estimate*

$ 2,062

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Multi-Family Home for sale in Reading, OH

for $334,900 with 6 bedrooms and 3 full baths. This home was built in 1942 on a lot size of 0.145.

Fully leased 4-unit all brick building generating $3,325/mo, with an upside potential of $3700+. Features ample off-street parking, on-site storage, and vendor-managed coin laundry. Recently renovated units boast hardwood / premium vinyl plank floors, updated counters, cabinets, and baths. Tenants pay electric and cooking gas. Owner pays central heat, water, and trash (total $484/mo on average). Unit A (2BR): $1025 month-to-month. Unit B (Studio): $600 long-term tenant thru 9/30/26. Unit C (2BR): $1000 thru 10/8/26. Unit D (Studio): $700 thru 3/20/27. Rents are below market. All appliances stay. Great investment opportunity with instant and long-term potential! See pdf file for a list of major repairs. Video walkthroughs available upon request.

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Multi-Family Active

Price

$ 334,900

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.145

Year Built

1942

Town/City

Reading

County/Region

Hamilton

MLS | Web ID

1874360
Features
Interior
Interior Amenities Storage Area
Basement Full
Fireplace Features None
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 2
Unit3Bedrooms 2
Window Features Vinyl
Bedrooms Possible 0
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General
Sewer Public Sewer
Heating Electric Radiant Gas Hot Water
Cooling Window Unit
Roof Shingle
Garage Built in
Unit 4 Rent 700.0
Unit 2 Rent 600.0
Unit 3 Rent 1000.0
Unit 1 Rent 1025.0
Garage Spaces 0.0
Construction Materials Brick
Year Built 1942
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 US 42/Reading Rd to Gahl Terrace to Gorman.
City Reading
High School District Reading Community Ci
Open Parking Spaces 4
Number Of Units Total 4
MLS Area Hamilton-E03
Lot Size Units Acres
Lot Size Square Feet 6316.0
Structure Type Quad
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Exterior
Parking Features Off Street
Water Source Public
Foundation Details Block
Lot Size Acres 0.145
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Internal Only
Street Number 1 58
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* Excluded Features
List By
Ohio Property Group, Llc

Broker

glen@ohiomlsflatfee.com

Email

Affordability Calculator

$2,062
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,062
Monthly Property Taxes
--
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
4319922 Elementary School
4319920 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/12/2026$334,900 -4.29% Price Down
4/10/2026$349,900 Listed Price

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58 Gorman Lane, Reading, OH, 45215 is a Multi-Family Home for sale at $334,900 with a lot size of 0.145. 58 Gorman Lane has 6 bedrooms, 3.0 baths, and was built in 1942. The property's zip code is 45215 which is in Reading, OH

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