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Sold for $230,000
  • $230,000

    241 Gilman Ave, Cincinnati, OH 45219

    --beds
    --baths
    3,242sqft
    Apartment
    Built in 1900
    -- sqft lot
    $303,800 Zestimate®
    $71/sqft
    $1,583 Estimated rent

    Home value

    $303,800

    $264,000 - $352,000

    $1,583/mo

    Zestimate® history
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    $1,583/mo

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    $1,620/mo

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    What's special

    Introducing a fantastic, 5 unit investment opportunity in the thriving Mt. Auburn area near University of Cincinnati! This multi-family property is a savvy investor's dream, with a potential for substantial value appreciation. Currently offering below-market rents and partially occupied, there is significant room for rental income growth Imagine the cash flow potential as you raise rents to match market rates and enhance the property's appeal through strategic renovations. With an estimated After Repair Value (ARV) of $650,000+/-, this investment promises attractive returns. Being sold as is where is. Whether you're looking to expand your real estate portfolio, secure a steady cash flow, or capitalize on the thriving University community, this property has it all. Owner is a licensed agent in Ohio.

    Zillow last checked:

    Listing updated:

    Listed by:

    Varun Varma 513-307-3599,

    Coldwell Banker Realty 513-321-9944

    Bought with:

    Robert C Speckert, 2019003755

    eXp Realty

    Source: Cincy MLS,MLS#: 1787206MLS LogoOriginating MLS: Cincinnati Area Multiple Listing Service

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • Wall Unit(s)
    Features
    • Windows: Aluminum Frames
    • Basement: Full
    Interior area
    • Total structure area: 3,242
    • Total interior livable area: 3,242 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,229 Square Feet
    • Dimensions: 76 x 86
    Details
    • Parcel number: 08800070141

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Stucco
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Cincinnati

    Financial & listing details

    • Price per square foot: $71/sqft
    • Annual tax amount: $3,768
    • Date on market: 10/17/2023
    • Listing terms: Cash

    Price history

    DateEventPrice
    11/25/2025Listing removed$1,350
    Source: Zillow Rentals Report a problem
    10/7/2025Price change$1,350-6.9%
    Source: Zillow Rentals Report a problem
    8/13/2025Listed for rent$1,450
    Source: Zillow Rentals Report a problem
    4/23/2025Listing removed$450,000$139/sqft
    Source: Cincy MLS #1822894 Report a problem
    3/29/2025Price change$450,000+12.5%$139/sqft
    Source: Cincy MLS #1822894 Report a problem
    1/18/2025Price change$400,000-11.1%$123/sqft
    Source: Cincy MLS #1822894 Report a problem
    1/4/2025Price change$450,000-6.3%$139/sqft
    Source: Cincy MLS #1822894 Report a problem
    12/3/2024Price change$480,000-3.8%$148/sqft
    Source: Cincy MLS #1822894 Report a problem
    10/28/2024Listed for sale$499,000+117%$154/sqft
    Source: Cincy MLS #1822894 Report a problem
    12/1/2023Sold$230,000-13.2%$71/sqft
    Source: Cincy MLS #1787206 Report a problem
    11/16/2023Pending sale$265,000$82/sqft
    Source: Cincy MLS #1787206 Report a problem
    11/8/2023Price change$265,000-3.6%$82/sqft
    Source: Cincy MLS #1787206 Report a problem
    10/25/2023Listed for sale$275,000$85/sqft
    Source: Cincy MLS #1787206 Report a problem
    10/21/2023Pending sale$275,000$85/sqft
    Source: Cincy MLS #1787206 Report a problem
    10/17/2023Listed for sale$275,000$85/sqft
    Source: Cincy MLS #1787206 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mt. Auburn

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $303,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $303,800