Prime investment opportunity ideal for investors seeking immediate cashflow. Conveniently located near universities downtown, and all major highways. Owner pays water and trash. This triplex is fully rented and all units updated in 2024 and 2025. 24 hr notice required.
Bond Hill, located between Roselawn and North Avondale, is a residential and hillside Cincinnati neighborhood with a rail-lined edge and a patchwork of brick homes. The neighborhood’s character concentrates around the Reading Road corridor near Tennessee Avenue, where corner storefronts, bus stops, and small service shops set a steady street rhythm. Housing leans toward early-to-mid-century brick two-stories and compact apartment buildings on curving, tree-lined blocks. The Mill Creek Valley backdrop and nearby rail infrastructure give the area an industrial-meets-residential texture. For a cultural anchor, the Cincinnati Zoo & Botanical Garden and the Cincinnati Art Museum sit close by for day-to-day outings. Green space at Bond Hill Park adds courts and open lawn for a low-key outdoor reset.
Provided by Walk Score and Local Logic
Offer insights
4829 Reading Rd · $425,000
$425K and above
75% chance or better to win
Why $425K+ is a strong offer
DAYS ON MARKET
42 days
The average home goes pending in 75 days.
SALE-TO-LIST
93.1%
Most homes are selling 7% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Full basement
Second floor area approximately 1,240 (listed)
Bedrooms
Unit 1: 3 bedrooms
Unit 2: 2 bedrooms
Unit 3: 2 bedrooms
Bathrooms
Each unit has 1 full bathroom
Heating & cooling
Gas heating with baseboard
Window air conditioning units
Exterior features
Brick construction
Double-hung insulated windows
Shingle roof
Lot approximately 0.148 acres (53.18 x 120)
Home design
Triplex
Two levels
Multi-family zoning
Parking
Detached garage
Driveway
About 3 open parking spaces
Construction
Poured foundation
Utilities
Public water
Public sewer
Natural gas
Financial info
All units currently leased
Unit rents listed as: Unit 1 $1,727; Unit 2 $1,450; Unit 3 $950
Other
Heat paid by tenants; water paid by owner
Electricity and solar
View estimated energy costs and solar savings for this home
Discover an exceptional investment opportunity with this fully occupied brick triplex at 4829 Reading Rd. This well-maintained property is a smart addition to any portfolio, offering solid returns and promising growth potential. Fully Occupied with CMHA tenants bringing in nearly $4,100 in monthly rent. Tenants responsible for their own heat and electric. Owner covers only water and sewage expenses, maximizing your cash flow. Opportunity to increase rents in two of the units for even greater returns. This triplex not only cash flows immediately but also offers a chance to boost profitability in the near future. Whether you're a seasoned investor or just starting, this property is a fantastic opportunity for steady income and growth.
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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Cincinnati, OH • 45237
Average low and high temperatures (°F)
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27
63
40
71
49
73
55
84
66
88
71
84
65
83
59
71
49
56
40
45
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
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Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Cincinnati. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4829 Reading Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $159,000 and $380,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $159K to $380K.