$434,900

1589 Summit Road, Cincinnati, OH 45237

  • 2,798 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1942
  • Property Lot Size Icon5,837sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $155/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

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.

Listing Status:
Active
Date Added:
June 16, 2026
Data Last Updated:
July 4, 2026 at 11:30PM
Listing Office:
Coldwell Banker Realty : 513-777-7900
Listing Agent:
Dustin Walters : 513 7168935
MLS ID:
1883252
  • General: Security System220 VoltStorage Area
  • Basement: Full
  • Fireplace: None
  • Parking: Off StreetOnstreet
  • Roofing: Shingle
  • Windows: VinylInsulated
  • General: BrickPoured
  • Originating MLS: Cincinnati Multiple Listing Service
  • School District: Cincinnati City SD
  • County: Hamilton
  • Zoning: 117-0014-0034-00
  • View: City
  • Water: Public
  • Source: Cincinnati Multiple Listing Service

This listing courtesy of Dustin Walters , Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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