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Sold on 07/30/2020
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1247 State Ave, Cincinnati, OH 45204

$525,000

Last sold 07/30/2020 for $460K

  • —

    bed

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    bath

Multi-family not for sale
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About 1247 State Ave

Property type Multi-family
Neighborhood
Year built 1906
HOA fee $0/month
Lot size 4182 Acre
Movoto estimate
Rental estimate
Property description
Huge Money Maker!!!! Gross $82k! 6 of 8 show very neat and clean! Great tenants! 7 on Section 8 and 1 on another gov assisted program! Elec baseboard heat (most replaced)! Membrane Roof approx 2 years! Updated elec! Most on mo to mo! Win 3 years! Glass Block! Over $100,000 invested in last 2 years! Fire escape! Owner pays only water!
Listed by
Listing Agent - Jeanne Rieder
Listing Office - Hoeting, REALTORS
Source: CincyMLS mls logo
MLS#1669350 • last updated 5 years ago
Movoto checked CincyMLS for data 7 minutes ago
Overview
Cooling/AC Window Unit(s), Separate Meters
Heating Natural Gas, Electric, Baseboard, Separate Meters
Type Residential Income
MLS # 1669350
SubType Multi Family
Year Built 1906
Interior
Basement Full
Window Features Vinyl Window(s)
Fireplace None
Exterior
Foundation Stone
Roof Built-Up, Membrane
Construction Brick, Stone
Parking None, On Street
Amenities / Utilities
Utilities Separate Meters
Sewer/ Septic Public Sewer
Water Source Public
Location
County Hamilton
High School District Cincinnati City SD
Directions Glenway To Wilder To L On State
Zoning Multi Family, Multi-Family
APN 149-0015-0100-00
Multifamily Details
Tenant Pays Heating
Owner Pays Water
Total # of Units 8
Total # Of Buildings 1
Expense: Insurance 1200
Expense: Maintenance 8750
Expense: Water/ Sewer 5226
Gross Income 82692
$525K
Range: $325K-$724K
Last 30 days 
Rental est.: $1,800/month
Gross rent multiplier: 21.3
  • Oct 2020
    mls logo MLS # 1669350
  • Oct 15, 2020 Sold
    $460,000 (+2.2%)
  • Jul 30, 2020 Pending
    —
  • Jul 21, 2020 Listed
    $450,000
  • Year Property taxes Tax assessment
  • 2025
    $5,465 +0.7%
    $65,674
  • 2024
    $5,428 +0.3%
    $65,673
  • 2023
    $5,414 +47.3%
    $65,673 +69.83%
  • 2022
    $3,677 +6.2%
    $38,669
  • 2021
    $3,462
    $38,669
  • 2020
    $3,462
    $38,669
  • 1247 State Ave
    $460K
  • East Price Hill
    $160K +23% y/y
  • 45204
    $130K -6% y/y
  • Cincinnati
    $299K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Oyler School
public Grades PK, K-12
Cincinnati Public Schools
2/10
Robert A. Taft Information Technology High School
public Grades 6-12
Cincinnati Public Schools
3/10
Hughes STEM High School
public Grades 7-12
Cincinnati Public Schools
2/10
Western Hills University High School
public Grades 6-12
Cincinnati Public Schools
3/10
Gilbert A. Dater High School
public Grades 7-12
Cincinnati Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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