617 Trenton · Cincinnati, OH 45205

$139,000

3 bd · 1.0 ba · 1,344 sqft · SingleFamily public records · 1 Days on market

Built 1925 Est $200k · 31% under

---

Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +27.8/30.0
• ARV discount +15.0/15.0
• DSCR +9.8/10.0
• 1% rule +7.4/10.0
• Livability +4.0/5.0
• Rent growth +3.3/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 Bed, 2 Bath house ready for a new Homeowner or an Investor looking to start their investing journey, it's up to you! Easily enjoy the 2nd floor balcony from Bedroom, and 2nd balcony in the back off the kitchen. Rest easy knowing the roof is only a few months old. Put your curiosity to rest and check it out! And for you investors, average rents in the area 1600-1800 (some comparable even higher!)

Key facts

• New paint
• Lvp
• New appliances

Tags

• RENOVATIONS COMPLETED
• NEW PAINT
• LVP
• NEW APPLIANCES

Property features AI

Finance

• Other: Zoned residential; Located in Price Hill
• Financial info: Lease not considered
• HOA & community: No HOA

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Natural gas service; Gas water heater
• Home design: Single-family home; Two levels; Other architectural style; Poured foundation
• Construction: Vinyl siding; Shingle roof
• Exterior features: Vinyl windows

Interior

• Kitchen: Kitchen with vinyl flooring
• Bedrooms: Two bedrooms total; Primary bedroom on level 2 (10 x 12); Second bedroom on level 2 (10 x 10)
• Flooring: Vinyl flooring in kitchen; Laminate flooring in dining room
• Bathrooms: Two full bathrooms, both on level 1; Primary bathroom includes shower and tub
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Six total rooms; Full unfinished basement with concrete floor; Bonus room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $425 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $139k).
• Cap rate 10.0% vs local median 3.9% in Cincinnati — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#130 in OH, #1,856 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, crime F.
• Cincinnati Public Schools (urban): math 25% / reading 36% proficiency, ranked #581 of 656 in OH (top 89%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.3%/yr); 69 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 801 units permitted in Hamilton County in 2024 (190 in 5+ unit buildings).
• At $1,729/mo this rent would consume 48% of the median local household income ($44k/yr) (locally 980% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $961 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.3% rent growth), your $39k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 22y ago; this cycle's ask has dropped $11k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $74k; list at $139k implies a 87% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $139,000

Questions for the listing agent

1. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.24% ✓
• Cap rate: 9.96%
• Cash-on-cash: 13.09%
• DSCR: 1.58
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $200,256
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
718 Trenton Ave	0.13mi	3/1.0	1,368 (+2%)	0mo	$145,000	$106	91
734 Wilbud Dr	0.14mi	3/2.0	1,407 (+5%)	2mo	$223,000	$158	80
521 Roebling Rd	0.27mi	4/1.5 (+1)	1,258 (-6%)	3mo	$170,000	$135	67
538 Roebling Rd	0.17mi	2/1.5 (-1)	1,190 (-12%)	0mo	$226,000	$190	65
3919 S Clerose Cir	0.40mi	3/1.5	1,458 (+8%)	0mo	$190,000	$130	65
560 Virgil Rd	0.32mi	4/1.0 (+1)	1,460 (+9%)	3mo	$199,500	$137	64
667 Overlook Ave	0.56mi	3/1.5	1,415 (+5%)	1mo	$188,000	$133	62
4334 W Eighth St	0.35mi	3/2.0	1,170 (-13%)	1mo	$115,000	$98	57
590 Rentz Pl	0.39mi	2/2.0 (-1)	1,480 (+10%)	2mo	$279,900	$189	55
511 Claymore Ter	0.67mi	2/1.0 (-1)	1,240 (-8%)	1mo	$185,000	$149	50
1019 Rutledge Ave	0.44mi	4/2.5 (+1)	1,508 (+12%)	2mo	$250,000	$166	47
451 Kitty Ln	0.66mi	4/2.0 (+1)	1,510 (+12%)	1mo	$233,900	$155	39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.3% rent growth · sell at horizon

5-year hold

• IRR: 3.4%
• Equity multiple: 1.13×
• Total profit: $5,056
• Equity at exit: $20,725

10-year hold

• IRR: 13.2%
• Equity multiple: 2.06×
• Total profit: $41,443
• Equity at exit: $12,018

Cash invested: $38,920 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 45205

• Rents YoY: 3.3%
• Active inventory: 69
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,729 high
• Mortgage (P&I): −$729
• Tax from tax record: −$155 /mo · $1,858/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$363
• Net cashflow: $425

Break-even live

Break-even rent $1,192

Max offer price $139,000

Occupancy floor 70%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4284 Foley Rd Cincinnati, OH	3.0	2.0	1242	$2,800	$2.25	43d	1	0.19mi
4227 W 8th St Cincinnati, OH	3.0	2.0	1832	$2,050	$1.12	1d	1	0.19mi
543 Virgil Rd Cincinnati, OH	4.0	2.0	1258	$1,795	$1.43	21d	1	0.38mi
905 Suire Ave Unit 2 Cincinnati, OH	4.0	1.0	1699	$1,400	$0.82	23d	1	0.44mi
4220 Viewland Pl Cincinnati, OH	2.0	1.0	900	$1,495	$1.66	20d	1	0.44mi
1057 Schiff Ave Unit 1057-2 Cincinnati, OH	4.0	1.0	1000	$1,595	$1.59	14d	1	0.54mi
1057 Winfield Ave Unit 2 Cincinnati, OH	2.0	1.0	1000	$1,250	$1.25	23d	1	0.55mi
862 Academy Ave Unit 2 Cincinnati, OH	4.0	1.0	1627	$1,450	$0.89	17d	1	0.61mi
868 Academy Ave Unit 2 Cincinnati, OH	4.0	1.0	1100	$1,699	$1.54	23d	1	0.61mi
1214 Gilsey Ave Cincinnati, OH	3.0	1.0	1300	$1,300	$1.00	20d	1	0.81mi
1214 Gilsey Ave Cincinnati, OH	3.0	1.0	1300	$1,300	$1.00	23d	1	0.81mi
1233 Dewey Ave Cincinnati, OH	3.0	1.0	1411	$1,375	$0.97	4d	1	0.82mi
1240 Rosemont Ave Cincinnati, OH	2.0	1.0	1280	$1,100	$0.86	20d	1	0.83mi
931 Olive Ave Cincinnati, OH	3.0	1.0	1852	$1,500	$0.81	3d	1	0.86mi
419 Elm St Unit 419-1 Cincinnati, OH	4.0	2.0	1200	$1,995	$1.66	19d	1	1.02mi
3666 Glenway Ave Cincinnati, OH	3.0	1.0	1339	$1,250	$0.93	23d	1	1.04mi
1311 Manss Ave Cincinnati, OH	4.0	1.0	1409	$1,295	$0.92	4d	1	1.05mi
1607 Minion Ave Cincinnati, OH	3.0	1.5	1066	$1,675	$1.57	23d	1	1.08mi
3772 W Liberty St Cincinnati, OH	3.0	1.0	1066	$1,350	$1.27	4d	1	1.10mi
1620 Minion Ave Cincinnati, OH	4.0	2.0	1845	$1,550	$0.84	20d	1	1.11mi
916 Fairbanks Ave Cincinnati, OH	4.0	1.0	1438	$1,695	$1.18	23d	1	1.13mi
717 Elberon Ave Unit Elberon 717 Cincinnati, OH	2.0	1.0	1117	$995	$0.89	23d	1	1.21mi
1723 Tuxworth Ave Cincinnati, OH	3.0	2.0	1587	$1,800	$1.13	23d	1	1.22mi
1740 Minion Ave Cincinnati, OH	2.0	1.0	1320	$1,200	$0.91	23d	1	1.27mi
944 Elberon Ave Cincinnati, OH	2.0	1.0	900	$1,200	$1.33	23d	1	1.30mi
5039 Delhi Rd Cincinnati, OH	1.0–2.0	1.0–2.0	952	$1,895	$1.99	1d	10	1.38mi
633 Hawthorne Ave Unit 2 Cincinnati, OH	3.0	1.0	1000	$1,400	$1.40	23d	1	1.42mi

Listing history 31 events

1. 2026-06-18
   pricedays on marketlisting id $139,000 Active 1 DOM
2. 2026-06-09
   days on market $145,000 Active 34 DOM
3. 2026-06-08
   days on market $145,000 Active 33 DOM
4. 2026-06-07
   days on market $145,000 Active 32 DOM
5. 2026-06-03
   days on market $145,000 Active 28 DOM
6. 2026-06-02
   days on market $145,000 Active 27 DOM
7. 2026-06-01
   days on market $145,000 Active 26 DOM
8. 2026-05-31
   days on market $145,000 Active 25 DOM
9. 2026-05-05
   listed $150,000 Active
10. 2025-09-29
    historical 400-char remark

    Show marketing remark (400 chars)

    3 Bed, 2 Bath house ready for a new Homeowner or an Investor looking to start their investing journey, it's up to you! Easily enjoy the 2nd floor balcony from Bedroom, and 2nd balcony in the back off the kitchen. Rest easy knowing the roof is only a few months old. Put your curiosity to rest and check it out! And for you investors, average rents in the area 1600-1800 (some comparable even higher!)

11. 2025-09-16
    price $149,900 400-char remark

    Show marketing remark (400 chars)

    3 Bed, 2 Bath house ready for a new Homeowner or an Investor looking to start their investing journey, it's up to you! Easily enjoy the 2nd floor balcony from Bedroom, and 2nd balcony in the back off the kitchen. Rest easy knowing the roof is only a few months old. Put your curiosity to rest and check it out! And for you investors, average rents in the area 1600-1800 (some comparable even higher!)

12. 2025-08-07
    price $159,900 400-char remark

    Show marketing remark (400 chars)

    3 Bed, 2 Bath house ready for a new Homeowner or an Investor looking to start their investing journey, it's up to you! Easily enjoy the 2nd floor balcony from Bedroom, and 2nd balcony in the back off the kitchen. Rest easy knowing the roof is only a few months old. Put your curiosity to rest and check it out! And for you investors, average rents in the area 1600-1800 (some comparable even higher!)

13. 2025-08-05
    status Active 400-char remark

    Show marketing remark (400 chars)

    3 Bed, 2 Bath house ready for a new Homeowner or an Investor looking to start their investing journey, it's up to you! Easily enjoy the 2nd floor balcony from Bedroom, and 2nd balcony in the back off the kitchen. Rest easy knowing the roof is only a few months old. Put your curiosity to rest and check it out! And for you investors, average rents in the area 1600-1800 (some comparable even higher!)

14. 2025-07-23
    historical 400-char remark

    Show marketing remark (400 chars)

    3 Bed, 2 Bath house ready for a new Homeowner or an Investor looking to start their investing journey, it's up to you! Easily enjoy the 2nd floor balcony from Bedroom, and 2nd balcony in the back off the kitchen. Rest easy knowing the roof is only a few months old. Put your curiosity to rest and check it out! And for you investors, average rents in the area 1600-1800 (some comparable even higher!)

15. 2025-06-24
    listed $165,000 Active 400-char remark

    Show marketing remark (400 chars)

    3 Bed, 2 Bath house ready for a new Homeowner or an Investor looking to start their investing journey, it's up to you! Easily enjoy the 2nd floor balcony from Bedroom, and 2nd balcony in the back off the kitchen. Rest easy knowing the roof is only a few months old. Put your curiosity to rest and check it out! And for you investors, average rents in the area 1600-1800 (some comparable even higher!)

16. 2024-11-22
    historical $1,299

    Show marketing remark (489 chars)

    This move-in ready 2-bedroom, 2 full-bath home is perfect for anyone looking for a cozy and spacious starter home. Featuring large, light-filled rooms and an extra loft space upstairs, this house provides the perfect blend of comfort and style. Step out onto not one, but two balconies! Enjoy peaceful mornings on the balcony off the back of the home or unwind in the evening on the balcony attached to the primary bedroom. This home is a must-see. Don't miss out on this affordable gem.

17. 2024-11-22
    historical 489-char remark

    Show marketing remark (489 chars)

    This move-in ready 2-bedroom, 2 full-bath home is perfect for anyone looking for a cozy and spacious starter home. Featuring large, light-filled rooms and an extra loft space upstairs, this house provides the perfect blend of comfort and style. Step out onto not one, but two balconies! Enjoy peaceful mornings on the balcony off the back of the home or unwind in the evening on the balcony attached to the primary bedroom. This home is a must-see. Don't miss out on this affordable gem.

18. 2024-10-29
    price $1,299
19. 2024-10-17
    listed $1,300
20. 2024-10-03
    price $149,999 489-char remark

    Show marketing remark (489 chars)

    This move-in ready 2-bedroom, 2 full-bath home is perfect for anyone looking for a cozy and spacious starter home. Featuring large, light-filled rooms and an extra loft space upstairs, this house provides the perfect blend of comfort and style. Step out onto not one, but two balconies! Enjoy peaceful mornings on the balcony off the back of the home or unwind in the evening on the balcony attached to the primary bedroom. This home is a must-see. Don't miss out on this affordable gem.

21. 2024-09-17
    listed $159,999 Active 489-char remark

    Show marketing remark (489 chars)

    This move-in ready 2-bedroom, 2 full-bath home is perfect for anyone looking for a cozy and spacious starter home. Featuring large, light-filled rooms and an extra loft space upstairs, this house provides the perfect blend of comfort and style. Step out onto not one, but two balconies! Enjoy peaceful mornings on the balcony off the back of the home or unwind in the evening on the balcony attached to the primary bedroom. This home is a must-see. Don't miss out on this affordable gem.

22. 2023-11-13
    price $74,500
23. 2023-11-09
    soldstatus $74,500 Closed
24. 2023-10-25
    status Pending
25. 2023-10-25
    price $99,900
26. 2023-10-04
    listed $99,900 Active
27. 2005-08-31
    soldstatus $55,000
28. 2005-08-12
    soldstatus $55,000
29. 2004-02-24
    listed $52,900
30. 1994-04-27
    soldstatus $45,700
31. 1990-07-23
    soldstatus $28,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $1,858 · $155/mo
• Projected year-2 tax: $2,013 · $168/mo
• Expected delta: +$155/yr (+$13/mo · 8.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥102°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,753
• − Mortgage interest: −$7,786
• − Property taxes: −$1,858
• − Insurance: −$695
• − Repairs & maintenance: −$1,660
• − Management: −$1,660
• − Depreciation: −$4,044
• Taxable income: $3,050
• Est. tax owed @ 24.0%: −$732
• After-tax cash flow: $4,363/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Cincinnati Public Schools
• NCES district ID: 3904375
• Math proficiency: 25% ▼ -19.00%
• Reading proficiency: 36% ▼ -14.00%
• Median HH income: $35,743
• Composite: 25.21/100
• National rank: #7508
• State rank: #581 of 656 in OH

Livability — Cincinnati

• Score: 80/100
• State rank: #130
• US rank: #1856

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety B+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cincinnati, OH
• County: Hamilton County · 701,295 people
• City population: 505,555
• Metro: Cincinnati, OH-KY-IN
• Population (ZIP): 18,651
• Household income: $43,682
• Rent vs Own: 63.1% rent · 36.9% own
• Severe rent burden: 980.0

Population outlook (Hamilton County) Hauer SSP2

• Today (2025): 826,054 people
• By 2030: 830,947 · +0.6%
• By 2040: 832,319 · +0.8%
• By 2050: 822,428 · -0.4%
• By 2075: 788,688 · -4.5%
• By 2100: 710,674 · -14.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Black 43% White 32% Hispanic / Latino 16% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 1% Slovak 1% Serbian 1%
• Foreign-born: 9% · Canada, India, China
• Languages at home: 84% English-only · Spanish 10% Other Asian/Pacific 2% Other Indo-European 1%

Political lean MEDSL · Hamilton

• 2024 margin: D (+14.9) · D 57.0% · R 42.1%
• 2008→2024 swing: +7.9pp toward D · 2008: 7.0pp · 2024: 14.9pp
• All cycles: 2024: D+14.9 2020: D+15.9 2016: D+9.5 2012: D+4.9 2008: D+7.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -138.67%
• Current HPI: 163.3375
• Rent YoY: ▲ 3.30%
• Metro: Cincinnati, OH-KY-IN
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+435.7% since first listed

23 events — show timeline

• 2026-05-05 Listed $150,000 Cincy MLS
• 2025-09-29 Listing Removed — Cincy MLS
• 2025-09-16 Price Changed $149,900 Cincy MLS
• 2025-08-07 Price Changed $159,900 Cincy MLS
• 2025-08-05 Relisted — Cincy MLS
• 2025-07-23 Listing Removed — Cincy MLS
• 2025-06-24 Listed $165,000 Cincy MLS
• 2024-11-22 Rental Removed $1,299 CINCYMLS
• 2024-11-22 Listing Removed — Cincy MLS
• 2024-10-29 Price Changed $1,299 CINCYMLS
• 2024-10-17 Listed for Rent $1,300 CINCYMLS
• 2024-10-03 Price Changed $149,999 Cincy MLS
• 2024-09-17 Listed $159,999 Cincy MLS
• 2023-11-13 Price Changed $74,500 Cincy MLS
• 2023-11-09 Sold (MLS) $74,500 Cincy MLS
• 2023-10-25 Pending — Cincy MLS
• 2023-10-25 Price Changed $99,900 Cincy MLS
• 2023-10-04 Listed $99,900 Cincy MLS
• 2005-08-31 Sold (Public Records) $55,000 Public Records
• 2005-08-12 Sold (MLS) $55,000 Cincy MLS
• 2004-02-24 Listed $52,900 Cincy MLS
• 1994-04-27 Sold (Public Records) $45,700 Public Records
• 1990-07-23 Sold (Public Records) $28,000 Public Records

Property tax history

+13.1%/yr

Latest (2025): $1,858 · +0.1% YoY. Source: county tax records.