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$259,900   Price Analysis
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5048 Rapid Run Rd
Cincinnati, OH 45238
Unknown bed None bath 1,881 SqFt ($138/SqFt)
5,184SqFt lot. Built 1946
Listed 2024-07-09, Taxes $3,090
Ⓧ USDA Ineligible
due to location

near Cincinnati

Welcome to the Covedale Garden District.

This two-family features two 2-bedroom 1 bath units. Featuring hardwood floors, open vast with natural lighting. Brand new HVAC/CA/HWH 2023. Home has a large 2 car garage. First floor is vacant, all hardwoods, Rookwood like fireplace, ampl cabinets, front porch. The second floor has been completely remodeled and is occupied with a year lease as tenant right.

Cute, shaded backyard, easy maintainable property. Home features separate Utilites. Would pass FHA owner occupant, live in one and let the other pay your mortgage. Go and sh ow first floor, second fl is a true 24-hour notice. Located near Parks, theater, restaurants and downtown Cincinnati. Local management could manage for out of state investors.


Presented by Nicole Hart at
Hartland Management & Realty.
Listing Agent Photo

Property MLS #1810950 from Cincinnati

Cooling Features: Central Air

Garage Spaces: 2
Garage Description: Attached, Front
Open Parking Spaces: 4

Lot Size Acres: 0.1190083
Lot Size Square Feet: 5184

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 31800

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 5
Unit 2 Total Actual Rent: 1325

High School District: Cincinnati City SD

Covedale Elementary School is a public elementary and middle school located approximately 0.9 miles away.
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St Teresa of Avila School is a private elementary and middle school located approximately 0.6 miles away.
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Gilbert A. Dater High School is a public middle and high school located approximately 1 miles away.
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City Region: Cincinnati
Source Listing Status: Active
County: Hamilton
Cross Street: Covedale
Source Property Type: Residential Income
Insurance Expense: 1200
New Taxes Expense: 3400
Parcel Number: 180-0A80-0286-00
Township: Cincinnati City
Property Subtype: Multi Fam 2-4 units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$39,316 + $4,435
$43,751
$3,090
2021$39,316 + $4,435
$43,751
$3,036
2020$39,316 + $4,435
$43,751
$3,044
2019$17,595 + $4,032
$21,627
$1,657
2018$17,595 + $4,032
$21,627
$1,659
2017$17,595 + $4,032
$21,627
$1,597
2016$21,844 + $4,309
$26,153
$1,978
2015$21,844 + $4,309
$26,153
$1,769
2014$21,844 + $4,309
$26,152
$1,778
2013$24,822 + $4,897
$29,719
$2,054
2012$24,822 + $4,897
$29,719
$2,009
2011$24,822 + $4,897
$29,719
$1,979
2010$26,700 + $4,630
$31,330
$1,920
2008$26,700 + $4,630
$31,330
$1,860
2007$31,050 + $5,390
$36,440
$1,895
2006$31,050 + $5,390
$36,440
$1,875

Listed 2024-07-09
$259,900
Cincinnati
Listing removed 2020-12-08
$0
Cincinnati
Price Changed 2020-11-09
$159,999
Cincinnati
Price Changed 2020-10-27
$164,999
Cincinnati
Price Changed 2020-10-15
$169,999
Cincinnati
Listed 2020-10-08
$175,000
Cincinnati
Sold 2020-02-04
$125,000
Public Record
Listing removed 2020-02-01
$0
Cincinnati
Price Changed 2019-09-04
$130,000
Cincinnati
Listed 2019-07-19
$135,000
Cincinnati
Sold 1993-10-04
$85,000
Public Record
Sold 1986-01-01
$61,300
Public Record

Net Operating Income: 27200

Total Square Feet Living: 1881
Year Built: 1946
Property Age: 78

Gas: Natural
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.