9481 Reading Road, Reading, OH 45215

Local realty services provided by:ERA Real Solutions Realty
9481 Reading Road,Reading, OH 45215
$650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:andrew kroeger
Office:keller williams advisors
MLS#:1850272
Source:OH_CINCY

Price summary

  • Price:$650,000

About this home

9481 Reading Rd. is a 10-unit multifamily asset located in the desirable Reading neighborhood of Cincinnati. The property features a unit mix of 6 studios, 2 one-bedrooms, and 2 two-bedrooms, catering to a wide range of renters. Heating is provided by a central boiler and two furnaces, all paid by the owner, offering a clear opportunity to improve operating expenses. This opportunity presents multiple value-add angles, including rent increases, implementing RUBS, and separately metering the furnaces to shift utility costs to tenants. At $65,000 per door, the property is competitively priced with operational upside. 9481 Reading Rd. is ideal for investors looking to grow their portfolio in a strong rental submarket with reliable tenant demand.

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Home facts

  • Year built:1951
  • Listing Id #:1850272
  • Added:12 day(s) ago
  • Updated:August 14, 2025 at 02:11 PM

Heating and cooling

  • Cooling:Wall Unit
  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Shingle
  • Year built:1951
  • Lot area:0.23 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
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