3631 Washington Avenue Cincinnati, OH $ 395,000
3631 Washington Avenue
$ 395,000
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3631 Washington Avenue

Cincinnati, OH, 45229
$ 395,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 2,494

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Multi-Family Home for sale in Cincinnati, OH

for $395,000 with 8 bedrooms and 3 full baths. This home was built in 1961 on a lot size of 0.131.

Investors, take a look at this cash flowing 4 unit property! Each unit offers 2 bedrooms and 1 full bathroom, providing a desirable layout for tenants and strong rental potential. The property features a roof that is only 1 year old, offering added peace of mind for ownership. Units 3 and 4 are both leased at $1,300/month and have been completely updated with new flooring, kitchen cabinets, countertops, appliances, and brand new bathrooms. Units 1 and 2 are currently rented for $1,150/month each, generating a total of $4,900 in monthly rental income, or $58,800 annually. With four separate units, recent improvements, a newer roof, and established rental income, this property offers an excellent opportunity for investors looking to add a cash flowing multifamily property to their portfolio. Unit 1 is month to month, all other units leases expires in October 2026.

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Multi-Family Active

Price

$ 395,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.131

Year Built

1961

Town/City

Cincinnati

County/Region

Hamilton

MLS | Web ID

1890299

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Roof Membrane
Garage None
Unit 4 Rent 1300.0
Unit 2 Rent 1150.0
Unit 3 Rent 1300.0
Unit 1 Rent 1150.0
Garage Spaces 0.0
Construction Materials Brick
Year Built 1961
Levels Two
Property Subtype Multi Fam 2-4 units
County Hamilton
Net Operating Income 52474.0
Property Type Residential Income
Close Price 0.0
Status Active
Directions From Reading Road go west onto Forest Ave. then take a right onto Washington Ave. The building is on the left.
City Cincinnati
High School District Cincinnati City SD
Open Parking Spaces 0
Number Of Units Total 4
MLS Area Hamilton-E01
Lot Size Units Acres
Lot Size Square Feet 5706.0
Structure Type Quad
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Interior
Basement None
Fireplace Features None
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 2
Unit3Bedrooms 2
Window Features Insulated
Bedrooms Possible 0
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Exterior
Parking Features Onstreet
Water Source Public
Foundation Details Slab
Lot Size Acres 0.131
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Internal Only
Street Number 1 3631
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* Excluded Features
List By
Exp Realty

Broker

gordon.green@exprealty.com

Email

Affordability Calculator

$2,494
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,494
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4319653 Elementary School
4319646 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$395,000 Listed Price

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3631 Washington Avenue, Cincinnati, OH, 45229 is a Multi-Family Home for sale at $395,000 with a lot size of 0.131. 3631 Washington Avenue has 8 bedrooms, 3.0 baths, and was built in 1961. The property's zip code is 45229 which is in Cincinnati, OH