Exceptional opportunity to own a fully renovated, turnkey multifamily property at 1589 Summit Rd! The property has four 1-bedroom units that are generating $3,750/month in gross rent. Tenants pay all utilities except water and sewer, keeping expenses low. Smoke and pet-free building. Extensively renovated within the past 3 years, improvements include all new drywall, electrical, plumbing, windows, roof, gutters, individual furnaces, central A/C units, remodeled kitchens with updated appliances, and high-end marble and tile finishes throughout. The solid brick building has been meticulously maintained, with brickwork in excellent condition. Additional features include two sump pumps for added protection. Annual taxes are currently under $6k. A rare opportunity to acquire a low-maintenance, cash-flowing investment.
Details
MLS #
1891691
Listing Type
For Sale
Sub-Type
Resale
Status
Pending
Year
1942
Days On Site
30
Listing Provided By
Coldwell Banker Realty | Dustin Walters
Features
SQ Feet
2,798
Garage
4
Basement
Y
Story(s)
2
Units
4
Building(s)
1
Zoning
Multi Family
Acreage
0.13
Property View
City
Interior
Rooms Total
0
Heating
Forced Air, Gas
Cooling
Central Air
Window Features
Vinyl, Insulated
Interior Features
Security System, 220 Volt, Storage Area
Fireplace Features
None
Fireplaces Total
0
Exterior
Roof
Shingle
Construction Materials
Brick
Foundation Details
Poured
Parking
Parking Features
Off Street, Onstreet
Open Parking Spaces
4
Utilities
Sewer
Public Sewer
Gas
Natural
Area Information
State
OH
County
Hamilton
City
Cincinnati
Zip Code
45237
Area
Hamilton E02
Subarea
Hamilton E02
Community Name
Roselawn
School District
Cincinnati City SD
High School
Cincinnati City SD
Listing VS Median (in Roselawn)
Price: $389,900
low | high
Med: $235,000
89.728135419338% of Average
sqft: 2,798
low | high
Med: 1,980
79.235167977127% of Average
$ / sqft: $139
low | high
Med: $119
64.827940860257% of Average
On site: 30
low | high
Med: 121
24.793388429752% of Average
Sourced by Back At You
Market Activity 45237
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 6
Avg $ Per SqFt: $175.85
Min Sale Price: $102,500
Max Sale Price: $805,000
Med Sale Price: $289,000
Date: Jul 2026
Sales: 11
Avg $ Per SqFt: $156.74
Min Sale Price: $96,000
Max Sale Price: $350,000
Med Sale Price: $223,000
Date: Jun 2026
Sales: 19
Avg $ Per SqFt: $146.4
Min Sale Price: $98,000
Max Sale Price: $929,250
Med Sale Price: $245,000
Date: May 2026
Sales: 13
Avg $ Per SqFt: $147.6
Min Sale Price: $72,500
Max Sale Price: $357,000
Med Sale Price: $220,000
Date: Apr 2026
Sales: 13
Avg $ Per SqFt: $126.28
Min Sale Price: $105,000
Max Sale Price: $525,000
Med Sale Price: $235,000
Date: Mar 2026
Sales: 15
Avg $ Per SqFt: $152.22
Min Sale Price: $27,688
Max Sale Price: $802,000
Med Sale Price: $215,000
Date: Feb 2026
Sales: 9
Avg $ Per SqFt: $188.91
Min Sale Price: $92,000
Max Sale Price: $520,000
Med Sale Price: $275,000
Date: Jan 2026
Sales: 20
Avg $ Per SqFt: $146.51
Min Sale Price: $65,000
Max Sale Price: $1,500,000
Med Sale Price: $215,500
Date: Dec 2025
Sales: 10
Avg $ Per SqFt: $138.88
Min Sale Price: $134,900
Max Sale Price: $312,800
Med Sale Price: $209,750
Date: Nov 2025
Sales: 13
Avg $ Per SqFt: $145.89
Min Sale Price: $115,000
Max Sale Price: $860,000
Med Sale Price: $265,000
Date: Oct 2025
Sales: 21
Avg $ Per SqFt: $143.16
Min Sale Price: $120,000
Max Sale Price: $625,000
Med Sale Price: $239,000
Date: Sep 2025
Sales: 12
Avg $ Per SqFt: $132.52
Min Sale Price: $91,000
Max Sale Price: $327,000
Med Sale Price: $239,950
Sourced by Back At You
Aug 2026
Sales:
6
Avg $ Per SqFt:
$175.85
Min Sale Price:
$102,500
Max Sale Price:
$805,000
Med Sale Price:
$289,000
Jul 2026
Sales:
11
Avg $ Per SqFt:
$156.74
Min Sale Price:
$96,000
Max Sale Price:
$350,000
Med Sale Price:
$223,000
Jun 2026
Sales:
19
Avg $ Per SqFt:
$146.4
Min Sale Price:
$98,000
Max Sale Price:
$929,250
Med Sale Price:
$245,000
May 2026
Sales:
13
Avg $ Per SqFt:
$147.6
Min Sale Price:
$72,500
Max Sale Price:
$357,000
Med Sale Price:
$220,000
Apr 2026
Sales:
13
Avg $ Per SqFt:
$126.28
Min Sale Price:
$105,000
Max Sale Price:
$525,000
Med Sale Price:
$235,000
Mar 2026
Sales:
15
Avg $ Per SqFt:
$152.22
Min Sale Price:
$27,688
Max Sale Price:
$802,000
Med Sale Price:
$215,000
Feb 2026
Sales:
9
Avg $ Per SqFt:
$188.91
Min Sale Price:
$92,000
Max Sale Price:
$520,000
Med Sale Price:
$275,000
Jan 2026
Sales:
20
Avg $ Per SqFt:
$146.51
Min Sale Price:
$65,000
Max Sale Price:
$1,500,000
Med Sale Price:
$215,500
Dec 2025
Sales:
10
Avg $ Per SqFt:
$138.88
Min Sale Price:
$134,900
Max Sale Price:
$312,800
Med Sale Price:
$209,750
Nov 2025
Sales:
13
Avg $ Per SqFt:
$145.89
Min Sale Price:
$115,000
Max Sale Price:
$860,000
Med Sale Price:
$265,000
Oct 2025
Sales:
21
Avg $ Per SqFt:
$143.16
Min Sale Price:
$120,000
Max Sale Price:
$625,000
Med Sale Price:
$239,000
Sep 2025
Sales:
12
Avg $ Per SqFt:
$132.52
Min Sale Price:
$91,000
Max Sale Price:
$327,000
Med Sale Price:
$239,950
MLS Number: 1891691
Dustin Walters – dustin.walters@cbrealty.com
Coldwell Banker Realty – (513) 777-7900
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