Movoto Real Estate
Sold on 08/02/2025

238 Wayne Ave, Lockland, OH 45215

  • $860,000

    Last sold 08/02/2025 after 150 Days

  • bed

  • bath

Multi-family not for sale
Learn about Lockland's top local Real Estate agents

About 238 Wayne Ave

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 0.54 Acre
Parking 12 garage spaces
Rental estimate
Property description
Welcome to an exceptional investment opportunity in Cincinnati! This 12-unit apartment building, located at 238 S Wayne Ave, offers a fantastic chance to expand your real estate portfolio. Built in 1969, this two-story complex is situated in a prime location, providing easy access to shopping, dining, and public transportation. Each unit is designed for comfort and convenience, with potential for increases in the rent to market rates. The property boasts ample parking, a well-maintained exterior, and a layout that ensures tenant satisfaction. Investors will appreciate the steady rental demand in the area and the opportunity for long-term growth. Whether you're looking to add to your existing portfolio or start fresh with a promising multi-family investment, this 12-unit building is an excellent choice.
Listed by
Listing Agent - Jonathan M Hardy
Listing Office - Keller Williams Seven Hills Re
Source: CincyMLS mls logo
MLS#1832347 • last updated 10 months ago
Movoto checked CincyMLS for data 4 minutes ago
Overview
Cooling/AC Window Unit
Heating Gas
Levels/Style Two
Type Residential Income
Virtual Tour N/A
MLS # 1832347
Status Sold
SubType Apartment, Apartment 5+
Lot Size (SqFt) 23392
Lot Size (Acres) 0.537
Year Built 1969
Interior
Basement Full
Window Features Vinyl
Interior Features Security System
Fireplace None
Exterior
Foundation Poured
Roof Membrane
Construction Brick
Garage None
Parking Asphalt, Lot, Off Street, Onstreet
# Garage Spaces 12
Exterior Features Patio
Amenities / Utilities
Sewer/ Septic Public Sewer
Gas Natural
Gas/ Electric 4905
Water Source Public
Other Features Corp Owned
Miscellaneous Coin Laundry
Location
View City
County Hamilton
Area Hamilton-E03
Subdivision Lockland
High School District Lockland City SD
APN 641-0007-0031-00
Multifamily Details
1-Bedroom: # Units 12
1-Bedroom: Rent 717
Heat: Paid By Owner
Water: Paid By Owner
1-Bedroom: SqFt 570
Separate Furance No
Separate Gas/ Electric Yes
Separate Air Conditioning Yes
Net Operating Income 71304
Expense: Insurance 3600
Expense: Maintenance 4700
Expense: Water/ Sewer 5173
Gross Income 105013
Expense: Waste Removal 1762
Lot/ Land Details
Rental est.: $773/month
Gross rent multiplier: 92.7
  • Sep 2025
    mls logo MLS # 1832347
  • Sep 21, 2025 Sold
    $860,000 (-4.3%)
  • Aug 5, 2025 Pending
  • Mar 5, 2025 Listed
    $899,000 (+111.5%)
  • Dec 2021
    mls logo MLS # 1703721
  • Dec 7, 2021 Sold
    $425,000 (-22.0%)
  • Aug 16, 2021 Pending
  • Jul 23, 2021 Listed
  • Jun 15, 2021 Pending
  • Jun 12, 2021 Listed
    $545,000 (+98.2%)
  • Jul 2006
    mls logo MLS # 934428
  • Jul 18, 2006 Sold
    $275,000 (-16.4%)
  • Apr 6, 2005 Listed
    $329,000
  • 238 Wayne Ave
    $860K
  • Hamilton-e03
  • 45215
    $270K +3% y/y
  • Lockland
    $199K +17% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached

Around Hamilton-e03

Explore everything this neighborhood has to offer.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Newest listings in 45215

  • Real Estate
  • OH
  • Hamilton County
  • Lockland
  • 45215
  • 238 Wayne Ave
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by MLS of Greater Cincinnati, Inc.. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The data relating to real estate appearing on this site comes in part from the Broker Reciprocity program of the Multiple Listing Service of Greater Cincinnati. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing the data believes it to be correct but advises interested parties to confirm all information before relying on it for a purchase decision. The properties displayed may not be all the properties available through Broker Reciprocity.© 2026 MLS of Greater Cincinnati, Inc. All rights reserved.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.