For sale

Price cut: $46K (8/18)

$949,000

7045 Montgomery Rd, Cincinnati, OH 45236

12beds

--baths

--sqft

$6,926/mo

Get pre-qualified

Apartment

Built in 1900

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Turn-key standalone commercial building with 7 apartments and 2 retail storefronts located in the growing business district of Silverton, 1.5 miles from Kenwood Mall and I-71. Strong investment opportunity with long-term solid rental income. All units are fully leased with value-add potential for rent increases. 3- 1 bed, 3- 2 bed, 1- 3bed apartments, and 2 retail storefronts, and a full basement with coin laundry. Each unit is separately metered for gas and electricity. The roof was just hot tar sealed, all windows caulked and sealed, and new flooring in common areas. 13 parking spaces with off-street parking as well. The public bus stop is across the street with a crosswalk to the building. Property is currently rented at $111,000 yr. Currently at an 8 cap with room to go higher with rent increases.

124 days

128

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12

Heating

Forced Air, Gas

Cooling

Central Air, Separate Air Conditioning

Appliances

Laundry: Coin Laundry

Features

Windows: Vinyl
Basement: Full
Has fireplace: Yes
Fireplace features: Inoperable

Interior area

Total structure area: 0

Property

Parking

Total spaces: 13
Parking features: Asphalt, Parking Lot, On Street
Uncovered spaces: 13

Features

Stories: 3
Has view: Yes
View description: City

Lot

Features: Busline Near

Details

Parcel number: 6020001034000
Zoning description: Commercial

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Brick
Foundation: Stone
Roof: Shingle,Membrane

Condition

New construction: No
Year built: 1900

Utilities & green energy

Gas: Natural
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Cincinnati

Financial & listing details

Tax assessed value: $650,000
Annual tax amount: $19,260
Date on market: 4/17/2026
Listing terms: No Special Financing
Tenant pays: Heat

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/18/2026	Price change	$949,000-4.6%
Source: Cincy MLS #1875802 Report a problem
6/16/2026	Price change	$995,000-5.2%
Source: Cincy MLS #1875802 Report a problem
4/18/2026	Listed for sale	$1,050,000+61.5%
Source: Cincy MLS #1875802 Report a problem
2/8/2023	Sold	$650,000
Source: Cincy MLS #1762515 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$18,434 +0.3%	$227,500
2023	$18,387 +250%	--
2022	$5,253 -3.5%	$56,970
2021	$5,443 +5.7%	$56,970
2020	$5,150 -7.4%	$56,970 +7%
2019	$5,561 +2.8%	$53,242
2018	$5,412 +5%	$53,242 0%
2017	$5,154 +12%	$53,243 +8.7%
2016	$4,601 +2.5%	$49,000
2015	$4,488 -0.3%	$49,000
2014	$4,501 -19.8%	$49,000 -20%
2013	$5,615 +2.3%	$61,251
2012	$5,489 -24.1%	$61,251 -25.4%
2011	$7,228 +2.9%	$82,142 -2.5%
2010	$7,027 +3%	$84,263
2009	$6,823 +1.9%	$84,263
2008	$6,698 +17%	$84,263 +7%
2007	$5,726 -21.2%	$78,750 -18.2%
2006	$7,267 +5.9%	$96,250
2005	$6,862 +101.2%	$96,250 +89%
2003	$3,410 +6.8%	$50,925
2002	$3,194 -7.8%	$50,925 -3.3%
2001	$3,463 +3.6%	$52,640
2000	$3,342	$52,640