Public Remarks: Now offered at $188,500 recently appraised at $197,000 in November. Welcome to 40 S Mathison St, a true hidden gem featuring a fully remodeled duplex inside and out w/ modern upgrades and strong income potential. Each spacious 3-bedroom, 1-bath unit offers updated kitchens with sleek finishes, brand-new stainless steel appliances including refrigerators and dishwashers, and in-unit washer/dryer hookups. Extensive interior and exterior renovations have already been completed, making this a true turn-key opportunity. Located in an area w/ solid rental demand, projected market rents for comparable 3-bedroom units range approximately $1,300-$1,500 per unit. Ideal for investors seeking a low-maintenance addition or owner-occupants, including FHA and 1st time homebuyers, looking to offset their mortgage with rental income. Title work has already been started, and the seller is offering a $500 title credit w/use of the preferred title company. Move-in ready and positioned for immediate value.
Now offered at $188,500 recently appraised at $197,000 in November. Welcome to 40 S Mathison St, a true hidden gem featuring a fully remodeled duplex inside and out w/ modern upgrades and strong income potential. Each spacious 3-bedroom, 1-bath unit offers updated kitchens with sleek finishes, brand-new stainless steel appliances including refrigerators and dishwashers, and in-unit washer/dryer hookups. Extensive interior and exterior renovations have already been completed, making this a true turn-key opportunity. Located in an area w/ solid rental demand, projected market rents for comparable 3-bedroom units range approximately $1,300-$1,500 per unit. Ideal for investors seeking a low-maintenance addition or owner-occupants, including FHA and 1st time homebuyers, looking to offset their mortgage with rental income. Title work has already been started, and the seller is offering a $500 title credit w/ use of the preferred title company. Move-in ready and positioned for immediate value.
Cincy MLS #1855348
Feb 19, 2026
Sold
$170,000
Jan 16, 2026
Contingent
—
Dec 30, 2025
Price Changed
$188,500
Dec 4, 2025
Relisted
—
Oct 14, 2025
Contingent
—
Oct 7, 2025
Price Changed
$195,000
Sep 28, 2025
Price Changed
$220,000
Sep 16, 2025
Listed
$269,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,185 (−11.6%)
$1,730 + $17,810
$19,540
2024
$1,340 (−3.8%)
$1,730 + $17,810
$19,540
2023
$1,393 (−23.7%)
$1,730 + $17,810
$19,540
2022
$1,826 (−2.3%)
$1,730 + $17,810
$19,540
2021
$1,868 (−0.8%)
$1,730 + $17,810
$19,540
2020
$1,883 (+7.4%)
$1,730 + $17,810
$19,540
2019
$1,752 (+36.2%)
$1,730 + $14,920
$16,650
2018
$1,286
$1,730 + $14,920
$16,650
2017
$1,287 (+12.5%)
$1,730 + $14,920
$16,650
2016
$1,144 (+71.5%)
$1,730 + $14,920
$16,650
2014
$667 (+34.0%)
$1,726 + $14,917
$16,643
2013
$498
$2,111 + $10,812
$12,923
Tax history for 40 Mathison St
Year
Property tax
Land + Additions
Assessment*
2025
$1,185 (−11.6%)
$1,730 + $17,810
$19,540
2024
$1,340 (−3.8%)
$1,730 + $17,810
$19,540
2023
$1,393 (−23.7%)
$1,730 + $17,810
$19,540
2022
$1,826 (−2.3%)
$1,730 + $17,810
$19,540
2021
$1,868 (−0.8%)
$1,730 + $17,810
$19,540
2020
$1,883 (+7.4%)
$1,730 + $17,810
$19,540
2019
$1,752 (+36.2%)
$1,730 + $14,920
$16,650
2018
$1,286
$1,730 + $14,920
$16,650
2017
$1,287 (+12.5%)
$1,730 + $14,920
$16,650
2016
$1,144 (+71.5%)
$1,730 + $14,920
$16,650
2014
$667 (+34.0%)
$1,726 + $14,917
$16,643
2013
$498
$2,111 + $10,812
$12,923
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
2
Lot width
38 ft.
Lot depth
128 ft.
Lot size
4,866 Sq. Ft.
Year renovated
—
Sq. Ft.
2,516
Year built
1904
Style
Multi-Family (2-4 Unit)
County
Montgomery County
APN
R72 09004 0045
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
ER-4
Eclectic Single-Family District
To promote, preserve and protect residential neighborhoods that have characteristics of both the Suburban and Mature districts. Eclectic areas are generally found between the Suburban and Mature areas, with neighborhoods of varying density. As set forth in the City’s Comprehensive Plan, Eclectic residential development will match existing predominant development patterns.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Park & open space
Property details
Parking
Parking Information
# of Garage Spaces: 2
# of Open Parking Spaces: 2
Parking Features: Driveway
Interior
Other Room Information
Basement: Full
Multi-Unit Information
# of Units (Total): 2
3+ Bedroom Units: 2
Unit 1 Information
# of Rooms: 6
# of Bathrooms (Full): 1
# of Bedrooms: 3
Unit 2 Information
# of Rooms: 6
# of Bathrooms (Full): 1
# of Bedrooms: 3
Exterior
Exterior Features
Roof: Shingle
Construction Materials: Aluminum Siding
Window Features: Aluminum
Lot Information
Lot Size Units: Acres
Property Information
Fireplace Features: None
Structure Type: Duplex
Foundation Details: Block
Levels: Two
Financial
Tax Information
Semi-Annual Taxes: $670
Parcel Number: R72090040045
Utilities
Utility Information
Water Source: Public
Cooling: Central Air
Gas: Natural
Heating: Forced Air
Sewer: Public Sewer
Location
School Information
High School District: Dayton City SD
Location Details
Suburb: Montgomery Co.
Directions: W 3rd St to S Broadway St, left on Germantown St, right on S Mathison St. Property on left.
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 2,516
Stories: 2.0
Lot Size: 4,866 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1904
Year Renovated: —
County: Montgomery County
APN: R72 09004 0045
Home facts updated by county records on Sep 18, 2026