Public Remarks: Exceptional Investment Opportunity! This 12-room multifamily building features four spacious 3-bedroom units, including a massive two-story apartment with over 1,400 sq ft of living space. Two of the units have been beautifully updated, offering modern amenities and style. The property has a brand-new roof (2023) and newer HVAC systems, ensuring minimal upkeep for years to come. With current rents in the area reaching up to $1,500 per unit, this is an ideal purchase for investors seeking strong cash flow or owner-occupants looking for rental income to offset mortgage costs. Two units are currently unoccupied, allowing immediate income potential. Close to Xavier University, University of Cincinnati, shopping, restaurants, and local hospitals. Don't miss this rare opportunity!
Beautiful, hard to find a 4 unit building, with 3 bedrooms in each apartment and a full bathroom. 1 unit is a split level featuring a full bathroom on each level. This apartment building has unique apartment floor plans. New roof as of 05/18/23. Newer HVAC and Water Heaters per each unit. Great location and convenient to Xavier University, hospitals and UC. Come See, Evaluate, Make An Offer!
Public Records
Oct 16, 2020
Sold
$100,000
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,917 (+0.7%)
$5,880 + $29,120
$35,000
2024
$2,898 (+0.3%)
$5,880 + $29,120
$35,000
2023
$2,890 (+177.4%)
$5,880 + $29,120
$35,000
2022
$1,042 (−10.8%)
$5,614 + $5,698
$11,312
2021
$1,168 (+14.6%)
$5,614 + $5,698
$11,312
2020
$1,020 (+0.6%)
$5,614 + $5,698
$11,312
2019
$1,013
$5,152 + $5,229
$10,381
2018
$1,014 (+3.3%)
$5,152 + $5,229
$10,381
2017
$981 (−38.8%)
$5,152 + $5,229
$10,381
2016
$1,603 (+8.5%)
$4,837 + $11,848
$16,685
2014
$1,478
$4,837 + $11,848
$16,685
Tax history for 3640 Reading Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,917 (+0.7%)
$5,880 + $29,120
$35,000
2024
$2,898 (+0.3%)
$5,880 + $29,120
$35,000
2023
$2,890 (+177.4%)
$5,880 + $29,120
$35,000
2022
$1,042 (−10.8%)
$5,614 + $5,698
$11,312
2021
$1,168 (+14.6%)
$5,614 + $5,698
$11,312
2020
$1,020 (+0.6%)
$5,614 + $5,698
$11,312
2019
$1,013
$5,152 + $5,229
$10,381
2018
$1,014 (+3.3%)
$5,152 + $5,229
$10,381
2017
$981 (−38.8%)
$5,152 + $5,229
$10,381
2016
$1,603 (+8.5%)
$4,837 + $11,848
$16,685
2014
$1,478
$4,837 + $11,848
$16,685
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
The general purposes of multi-family districts are to: Maintain and enhance the multi-family neighborhoods. Encourage quality and variety in building and landscape design as well as compatibility in use and form. Allow semi-public and non-residential uses, where appropriate. Establish appropriate standards for reviewing proposals for new development and redevelopment. Ensure the provision of services and facilities needed to accommodate planned population densities.; The RM-1.2 Multi-family subdistrict is intended to provide for mixed residential uses at moderately high densities. This is an intense district with an urban character.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Public service
Park & open space
Recreation
Property details
Parking
Parking Information
# of Open Parking Spaces: 4
Parking Features: Lot
Interior
Other Room Information
Basement: Full
Basement Sq. Ft. (Realist): 1,970
Multi-Unit Information
# of Units (Total): 4
1-Bedroom Rent: $1,400
2-Bedroom Rent: $1,200
3+ Bedroom Units: 4
3+ Bedroom Rent: $1,200
Unit 1 Information
# of Rooms: 5
# of Bathrooms (Full): 1
# of Bedrooms: 3
Rent: $1,200
Unit 2 Information
# of Rooms: 5
# of Bathrooms (Full): 1
# of Bedrooms: 3
Rent: $1,200
Unit 3 Information
# of Rooms: 5
# of Bathrooms (Full): 1
# of Bedrooms: 3
Rent: $1,200
Unit 4 Information
# of Rooms: 5
# of Bathrooms (Full): 1
# of Bedrooms: 3
Exterior
Exterior Features
Roof: Shingle
Construction Materials: Other
Window Features: Insulated, Vinyl
Land Information
Zoning Details: Multi Family
Lot Information
Lot Area (Realist): 7,057
Lot Size Units: Acres
Lot Size Acres: 0.162
Lot Size Sq. Ft.: 7,057
Property Information
Fireplace Features: None
Structure Type: Quad
Foundation Details: Poured
Levels: Two
Census Tract Realist: 66
2nd Flor Area (Realist): 1,920
Financial
Tax Information
Semi-Annual Taxes: $1,445
Parcel Number: 108-0004-0008-00
Utilities
Utility Information
Water Source: Public
Cooling: Window Unit
Gas: Natural
Heating: Gas, Forced Air
Sewer: Public Sewer
Location
School Information
High School District: Cincinnati City SD
Location Details
Cross Street: Dana
Suburb: Avondale
Directions: South from Dana on Reading Road. Two blocks up on the left.
Public facts
Beds: 11
Baths: 5.0
Sq. Ft.: 3,890
Stories: 2.0
Lot Size: 7,057 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Hamilton County
APN: 1080004000800
Home facts updated by county records on Jul 20, 2026