About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

2340 Laredo, Cincinnati, OH 45206

$595,000

Last sold 02/27/2024 after 123 Days

3
bed
4
bath
7,189
Sqft ($83/Sqft)

House not for sale

About 2340 Laredo

Property type House

Neighborhood

Year built 1880

HOA fee $0/month

Lot size 5,227 Sqft

Property description

Wonderful investment opportunity! 2 adjoining buildings used for mixed use office & professional tenants offers ~4100 SF between 2340 Laredo & 2337 Victory Parkway combined parcels. 2340 Laredo could be owner occupied home, short term renta - up to 2 tenantsl, or longer term lease to nurses, etc. 8 recession proof office spaces rented out with up to $80,000 income with low expenses. Many capital improvements made in 2023 totaling almost $40,000 including freshly painted exterior brick * new 6 A/C units, 2337 Victory Parkway side currently occupied by accountant, photographer, hairdresser, nail salon, eye brow specialist, barber shop, etc. 2340 Laredo 2nd floor is currently being used as a short term rental. Tenant occupying 3rd floor with flexible lease. 2340 Laredo Ave could be owner occupied & collect rent from the offices. .Offering at almost 9% capitalization rate. Rent & P&L statement available. Ability to increase rents w/ so much flexibility with this type of property.

Listed by

Listing Agent - Vicki Sylvestre

Listing Agent Contact: 513-874-3300

Listing Office - Keller Williams Advisors

Source: CincyMLS

MLS#1788365 • last updated 2 years ago

Movoto checked CincyMLS for data 7 minutes ago

Overview
Cooling/AC	Central Air, Window Unit(s)
Heating	Natural Gas
Levels/Style	Multi/Split, 3, Other
Type	Residential
MLS #	1788365
SubType	Single Family Residence, Detached Home
SqFt	7189
Lot Size (SqFt)	5227
Lot Size (Acres)	0.12
Property Tax	7226
Year Built	1880
HOA Fee	Monthly, 0

Interior
# of Full Baths	2
# of Half Baths	2
Total # of Bathrooms	4
Total # of Bedrooms	3
Basement	Concrete
Total # of Rooms	16
Appliances	Oven, Refrigerator, Gas Water Heater
Window Features	Vinyl Window(s), Wood Frames

Exterior
Foundation	Stone
Roof	Shingle
Construction	Brick
Parking	Shared Driveway
Lot Desc	Cleared

Amenities / Utilities
Utilities	Natural Gas Connected
Sewer/ Septic	Public Sewer
Water Source	Public
Pets Allowed	Yes
Security Features	Fire Alarm

Location
County	Hamilton
High School District	Cincinnati City SD
Directions	McMillan West To Left On Laredo Ave To 2340 House On Left OR McMillan To Left (South) On Victory Parkway To 2337 Office Bldg On Right.
Zoning	Multi Family, Commercial, Single-Family, Multi-Family, Commercial
APN	063-0003-0103-00

Multifamily Details
Owner Pays	Taxes, All Utilities, Electricity, Gas, Water, Insurance, Interior Maintenance, Exterior Maintenance, Common Area Maintenance, Trash Collection
Expense: Insurance	2900
Expense: Maintenance	2600
Expense: Water/ Sewer	914
Gross Income	81000
Annual Net Income	57117
Expense: Gardener	1000
Total Actual Rent	81000
Financial Data Source	Owner
Expense: Trash	920
Expense: Electricity	7486

Lot/ Land Details
Topography	Cleared
Add'l Parcel(s)	Connected To 2337 Victory Parkway On Other Side.
Vegetation	Cleared
Road Frontage	City Street

We are not permitted to show value estimates for this property.

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Jun 2026
MLS # 1884762
Jun 26, 2026 Listed
$629,000 (+5.7%)
Apr 2024
Public Records
Apr 23, 2024 Sold
$595,000
Apr 2024
MLS # 1788365
Apr 19, 2024 Sold
$595,000 (-5.6%)
Feb 29, 2024 Pending
—
Oct 27, 2023 Listed
$630,000 (+56.5%)
Apr 2022
Public Records
Apr 11, 2022 Sold
$402,500 (+81.1%)
Mar 2019
Public Records
Mar 5, 2019 Sold
$222,222 (+71.1%)
Aug 2011
Public Records
Aug 17, 2011 Sold
$129,900 (-48.8%)
Dec 2004
Public Records
Dec 6, 2004 Sold
$253,500 (+28.4%)
Jun 2001
Public Records
Jun 20, 2001 Sold
$197,500

Year Property taxes Tax assessment
2025
$11,702 +0.7%

$140,875
2024
$11,624 +0.3%

$140,875
2023
$11,594 +60.5%

$140,875 +81.13%
2022
$7,226 +4.0%

$77,777
2021
$6,950

$77,777
2020
$6,950

$77,777

2340 Laredo
$595K
Walnut Hills
$260K +10% y/y
45206
$350K -2% y/y
Cincinnati
$294K -1% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2344 Laredo Ave, Cincinnati, OH 45206	$172,500	—/1	1,251	0.01
2343 Victory Pkwy, Cincinnati, OH 45206	$244,100	—/1	1,583	0.01
2312 Park Ave, Cincinnati, OH 45206	$873,800	8/3	5,621	0.07
2367 Park Ave, Cincinnati, OH 45206	$403,600	4/2	2,866	0.11
2331 Park Ave, Cincinnati, OH 45206	$745,100	8/5	5,532	0.11
1117 Cypress St, Cincinnati, OH 45206	$458,500	5/2	2,845	0.11
2316 Ashland Ave, Cincinnati, OH 45206	$498,100	4/3	2,457	0.11
2369 Park Ave, Cincinnati, OH 45206	$425,100	4/2	2,875	0.11

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.