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Sold on 03/21/2016
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250 State Rd, Cleves, OH 45002

$305,000

Last sold 03/21/2016 after 24 Days

  • —

    bed

  • —

    bath

  • 2,022

    Sqft ($151/Sqft)

Multi-family not for sale
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About 250 State Rd

Property type Multi-family
HOA fee $0/month
Lot size 1.59 Acre
Rental estimate
Property description
Offered by Court Appointed Receiver. Requesting highest & best bid by 3.11.16. 15 units, 12 two bed apartment building & 3 family building. Tenant pays gas & electric. 60% Occupied. Average condition w/ some deferred maintenance. Will benefit from proper management. Tenants are long term & want to stay. Income / Expense provided is pro-forma. AS-IS
Listed by
Listing Agent - Kurt Polter
Listing Office - Prodigy Properties
Source: CincyMLS mls logo
MLS#1483016 • last updated 10 years ago
Movoto checked CincyMLS for data 3 minutes ago
Overview
Cooling/AC Window Unit(s), Wall Unit(s), Separate Meters
Heating Natural Gas, Forced Air, Separate Meters
Type Residential Income
MLS # 1483016
SubType Multi Family
SqFt 2022
Lot Size (SqFt) 69217
Lot Size (Acres) 1.589
Interior
Basement Partial
Window Features Aluminum Frames
Fireplace None
Exterior
Foundation Poured
Roof Membrane
Construction Brick
# Open Parking Spaces 28
Parking None, Parking Lot
Amenities / Utilities
Utilities Separate Meters
Sewer/ Septic Public Sewer
Water Source Public
HOA Amenities Coin Laundry
Location
County Hamilton
High School District Three Rivers Local S
Directions I-74 West To State Route 128 South To US-50 East To E State Rd
APN 572-0003-0022-00
Multifamily Details
Tenant Pays Heating
Owner Pays Water
Total # of Units 15
Total # Of Buildings 2
Net Operating Income 49100
Expense: Insurance 2500
Expense: Maintenance 12500
Expense: Water/ Sewer 5000
Gross Income 100000
Expense: Other 4500
We are not permitted to show value estimates for this property.
  • Jun 2016
    mls logo MLS # 1483016
  • Jun 17, 2016 Sold
    $305,000 (+8.9%)
  • Feb 26, 2016 Listed
    $280,000 (-47.3%)
  • Aug 2002
    Public Records
  • Aug 6, 2002 Sold
    $531,000
  • Year Property taxes Tax assessment
  • 2025
    $13,881 +6.6%
    $185,962
  • 2024
    $13,024 +1.7%
    $185,962
  • 2023
    $12,803 +46.1%
    $185,962 +64.34%
  • 2022
    $8,764 -2.5%
    $113,155
  • 2021
    $8,990
    $113,155
  • 2020
    $8,990
    $113,155
  • 250 State Rd
    $305K
  • —
  • 45002
    $474K -5% y/y
  • Cleves
    $474K -5% y/y
No chart available
Statistics calculated by Movoto

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7/10
Three Rivers Elementary
public Grades PK, K-4
Three Rivers Local School District
6/10
Taylor Middle School
public Grades 5-8
Three Rivers Local School District
7/10
Taylor High School
public Grades 9-12
Three Rivers Local School District
Source: GreatSchools.org © 2026. All rights reserved.

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