4813 Rapid Run Road, Cincinnati, OH

$249,000

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0.14

Acres

About 4813 Rapid Run Road

Great opportunity to own a solid brick 4-family home with strong rental history and long-term tenants providing a combined over $3k per month rental income. Each unit offers 1 full bath: Unit #1 (2BR, rented $950/mo), Unit #2 (1BR, rented $725/mo), Unit #3 (Efficiency, now vacant), and Unit #4 (1BR, rented $600/mo). Owner pays water and heat, tenants pay electric. All four garages could be leased separately, adding extra income. Recent improvements include new roof and gutters (2023), exterior painted (2024), furnace (2024), water heater (2021), siding (2015), and replacement windows. Heating systems vary with Unit #1 & #2 on gas furnace and Unit #3 & #4 on boiler. The property is priced with consideration for future updates, making this an excellent buy-and-hold investment with immediate cash flow and value-add potential.

Features of 4813 Rapid Run Road

MLS® # 1848688
Price $249,000
Acres 0.14
Year Built 1910
Sub-Type Multi Fam 2-4 units
Status Active

Community Information

Address 4813 Rapid Run Road
Area Hamilton-W04
City Cincinnati
County Hamilton
State OH
Zip Code 45238

Amenities

Parking Garage
# of Garages 4

Interior

Heating Forced Air,Gas,Hot Water
Cooling Wall Unit
Fireplace No
Stories Three

Exterior

Roof Shingle
Foundation Poured

School Information

District Cincinnati City SD

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