9481 Reading Road, Reading, OH 45215

Local realty services provided by:ERA Martin & Associates
9481 Reading Road,Reading, OH 45215
$622,500
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:andrew kroeger
Office:keller williams advisors
MLS#:1856527
Source:OH_CINCY

Price summary

  • Price:$622,500

About this home

MAJOR PRICE IMPROVEMENT: 9481 Reading Rd. is a well-located 10-unit property in the heart of Cincinnati's Reading neighborhood. The mix of 6 studios, 2 one-bedrooms, and 2 two-bedrooms creates flexibility for renters and steady cash flow for ownership. One unit has been recently updated, giving a head start on value-add improvements. The building is heated by a central boiler and two furnaces, with utilities currently covered by the owneroffering an immediate opportunity to lower expenses by shifting costs through RUBS or separate metering. Additional upside remains through rent growth and continued unit upgrades. Priced at only $62,250 per door, this is a compelling entry point for investors looking to scale in a strong rental submarket with durable tenant demand.

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Home facts

  • Year built:1951
  • Listing ID #:1856527
  • Added:1 day(s) ago
  • Updated:September 28, 2025 at 02:08 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:$622,500
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