1589 Summit Road, Cincinnati, OH 45237
Local realty services provided by:ERA Real Solutions Realty
1589 Summit Road,Cincinnati, OH 45237
$434,900
- - Beds
- - Baths
- 2,798 sq. ft.
- Multi-family
- Active
Listed by: dustin walters
Office: coldwell banker realty513-777-7900
MLS#:1883252
Source:OH_CINCY
Price summary
- Price:$434,900
- Price per sq. ft.:$155.43
About this home
Exceptional opportunity to own a fully renovated, turnkey 5-unit multifamily property at 1589 Summit Rd! The property has four 1-bedroom units and one efficiency unit, generating $4,400/month in gross rent. Tenants pay all utilities except water and sewer, keeping expenses low. One unit is intentionally vacant for easy showings and immediate leasing potential. Smoke and pet-free building. Extensively renovated within the past 3 years, improvements include all new drywall, electrical, plumbing, windows, roof, gutters, individual furnaces, central A/C units, remodeled kitchens with updated appliances, and high-end marble and tile finishes throughout. The solid brick building has been meticulously maintained, with brickwork in excellent condition. Additional features include two sump pumps for added protection and a basement efficiency unit with two separate entrances/exits. Annual taxes are currently under $6k. A rare opportunity to acquire a low-maintenance, cash-flowing investment.
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Home facts
- Year built:1942
- Listing ID #:1883252
- Added:11 day(s) ago
- Updated:June 27, 2026 at 05:27 PM
Rooms and interior
- Basement Description:Full
- Living area:2,798 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1942
- Building area:2,798 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Brick
- Foundation Description:Poured
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$434,900
- Price per sq. ft.:$155.43
Parking
- Total parking spaces:4
- Parking description:Off Street, Onstreet
- Garage:Yes
- Garage spaces:4
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