Triplex
1602 John St · Cincinnati, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 5/10 · Moderate
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +10.0/10.0
- ARV discount +7.5/15.0
- Rent growth +4.5/5.0
- Livability +4.0/5.0
- Schools +1.8/10.0
- Condition / age +1.0/5.0
$154,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed
Listing remarks
Investor & Developer Opportunity! 1602 John St is a 2,840 SF redevelopment project situated on a 2,396 SF lot, offering the opportunity to bring a multifamily vision to life. Taken down to the studs and rezoned for 3 units, this former single-family home currently lays out as three 1 bed / 1 bath units with potential to convert into three 2 bed / 1 bath units (buyer to verify approvals and feasibility). Located directly across from a $332 million mixed-use development currently under construction, this property sits in the path of major investment and continued growth near TQL Stadium and Downtown Cincinnati.
Key facts
- 2,396 sq ft lot
- Built 1886
- Listed 86 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3 × 1-bed/1-bath units multifamily listed at $155k. Condition is rated poor.
Deal economics
- At list price, monthly cash flow is $2k ($24k/yr) — positive. Per door: $680/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $155k).
- Recommended offer: $146k (6.0% below list) — sets the bar for market timing.
- Cap rate 22.1% vs local median 4.0% 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.
- Zoned schools: Sands Montessori School (math 70% / reading 77%, grade A, #311 of 1,584 statewide, top 20%, 683 students, 22% FRL); Hartwell School (math 17% / reading 31%, grade F, #593 of 654 statewide, top 91%, 447 students, 0% FRL); Walnut Hills High School (math 79% / reading 89%, grade A, #17 of 781 statewide, top 2%, 2,582 students, 14% FRL) — zoned schools average 12% FRL vs 70% district-wide (59 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 60% at this address vs 30% district-wide (+30 pts) — the actual schools serving this property are materially stronger than the Cincinnati Public Schools average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising fast (+8.1%/yr); 85 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 84d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 801 units permitted in Hamilton County in 2024 (190 in 5+ unit buildings).
Forward outlook
- In year one you build about $17k of equity ($1k loan paydown + $15k appreciation (10.0% local appreciation)).
- At projected returns (10.0% appreciation + 8.0% rent growth), your $43k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 3, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 86 days — a 6% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
- Current owner paid $102k; list at $155k implies a 53% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1886 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 86 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1886 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 2.60% ✓
- Cap rate
- 22.09%
- Cash-on-cash
- 56.41%
- DSCR
- 3.51
- GRM
- 3.2
CMA / ARV
- ARV (median comp)
- $405,149
- List price
- $154,900
- Delta
- -61.77%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 441 Klotter Ave | 0.61mi | 4/3.0 | 1,910 (+0%) | 7mo | $385,000 | $202 | 61 |
| 2373 Stratford Ave | 0.97mi | 5/2.0 (+1) | 1,982 (+4%) | 4mo | $325,000 | $164 | 50 |
| 2382 Ravine St | 0.98mi | 4/2.0 | 1,754 (-8%) | 6mo | $355,000 | $202 | 47 |
| 436 Dayton St | 0.33mi | 3/2.0 (-1) | 1,696 (-11%) | 23mo | $179,900 | $106 | 42 |
| 318 Mohawk St | 0.53mi | 3/2.0 (-1) | 2,226 (+17%) | 5mo | $380,000 | $171 | 41 |
| 225 Bosley St | 0.84mi | 5/2.0 (+1) | 1,876 (-2%) | 20mo | $295,000 | $157 | 40 |
| 2226 Ravine St | 0.72mi | 4/2.0 | 2,270 (+19%) | 3mo | $297,500 | $131 | 38 |
| 612 Klotter Ave | 0.75mi | 4/3.0 | 1,801 (-5%) | 17mo | $350,000 | $194 | 38 |
| 140 Warner St | 0.85mi | 4/2.0 | 1,596 (-16%) | 9mo | $320,000 | $201 | 33 |
| 2346 Flora St | 0.90mi | 3/2.0 (-1) | 1,684 (-12%) | 20mo | $260,000 | $154 | 24 |
| 458 Lloyd Pl | 0.80mi | 3/3.5 (-1) | 2,217 (+16%) | 12mo | $344,900 | $156 | 19 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- 73.2%
- Equity multiple
- 6.43×
- Total profit
- $235,633
- Equity at exit
- $139,546
- IRR
- 69.0%
- Equity multiple
- 15.87×
- Total profit
- $644,747
- Equity at exit
- $300,937
Cash invested: $43,372 (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
Active competition Active MLS
- For sale now
- 3 active · 3 under contract
- Months of supply
- 4.5 mo (22%/mo absorbed)
- Median asking
- $314,900 ($160/sqft)
- Median days on market
- 14 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +32.7% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 45214
- Home prices YoY
- 3.6%
- Rents YoY
- 8.1%
- Active inventory
- 85
- Price-to-rent
- 9.6×
Monthly cashflow live
- Estimated rent
- $4,030 high interval (Pro) →
- Mortgage (P&I)
- −$812
- Tax from tax record
- −$268 /mo · $3,214/yr
- Insurance
- −$65
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$846
- Net cashflow
- $2,039
3-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 3× units | 1 | 1 | $4,029 |
| #1 | 1 | 1 | $1,343 |
| #2 | 1 | 1 | $1,343 |
| #3 | 1 | 1 | $1,343 |
| Total (3 units) | $4,030 | ||
Break-even live
Sensitivity live
| Price | -10% $2,127 | -5% $2,083 | +0% $2,039 | +5% $1,995 | +10% $1,951 |
|---|---|---|---|---|---|
| Rent | -10% $1,721 | -5% $1,880 | +0% $2,039 | +5% $2,198 | +10% $2,357 |
| Rate | -1.0pp $2,117 | -0.5pp $2,078 | base $2,039 | +0.5pp $1,999 | +1.0pp $1,958 |
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
- $38,725
- Closing costs
- $4,647
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1632 Central Pkwy Unit 201 Cincinnati, OH | 1.0 | 1.0 | 500 | $1,055 | $2.11 | 119d | 1 | 0.16mi |
| 1632 Central Pkwy Apt 507 Cincinnati, OH | 1.0 | 1.0 | 665 | $1,310 | $1.97 | 9d | 1 | 0.16mi |
| 1632 Central Pkwy Unit 306 Cincinnati, OH | — | 1.0 | 540 | $1,115 | $2.06 | 83d | 1 | 0.16mi |
| 1632 Central Pkwy Unit 302 Cincinnati, OH | 1.0 | 1.0 | 754 | $1,350 | $1.79 | 9d | 1 | 0.17mi |
| 1733 Elm St Unit 2C Cincinnati, OH | 1.0 | 1.0 | — | $1,100 | — | 63d | 1 | 0.22mi |
| 1733 Elm St Cincinnati, OH | 1.0 | 1.0 | — | $1,200 | — | 74d | 1 | 0.22mi |
| 1725 Elm St Unit 10 Cincinnati, OH | — | 1.0 | 400 | $1,100 | $2.75 | 83d | 1 | 0.22mi |
| 1725 Elm St Unit 8 Cincinnati, OH | 1.0 | 1.0 | 500 | $1,250 | $2.50 | 87d | 1 | 0.22mi |
| 1807 Elm St Cincinnati, OH | 2.0 | 1.0 | 696 | $1,425 | $2.05 | 4d | 7 | 0.23mi |
| 1617 Elm St Cincinnati, OH | 3.0 | 1.0–2.0 | 1028 | $2,395 | $2.33 | 0d | 112 | 0.24mi |
| 819 Findlay St Cincinnati, OH | 2.0 | 1.0 | — | $1,095 | — | 78d | 1 | 0.25mi |
| 129 W Elder St Unit 129 Cincinnati, OH | — | 1.0 | 416 | $1,000 | $2.40 | 74d | 1 | 0.25mi |
| 129 W Elder St Unit 131 Cincinnati, OH | — | 1.0 | 430 | $1,000 | $2.33 | 119d | 1 | 0.25mi |
| 1900 Elm St Unit 1056055P Cincinnati, OH | 1.0 | 1.0 | 710 | $2,974 | $4.19 | 4d | 1 | 0.28mi |
| 1904 Linn St Unit 2 Cincinnati, OH | 2.0 | 1.0 | — | $1,050 | — | 66d | 1 | 0.28mi |
| 1906 Elm St Unit 1056049P Cincinnati, OH | 1.0–8.0 | 1.0–8.0 | 1835 | $2,832 | $1.54 | 4d | 3 | 0.28mi |
| 116 W Elder St Cincinnati, OH | 1.0 | 1.0 | 504 | $1,345 | $2.67 | 4d | 8 | 0.29mi |
| 1626 Pleasant St Unit 1543070P Cincinnati, OH | 1.0 | 1.0 | — | $2,113 | — | 66d | 1 | 0.29mi |
| 1626 Pleasant St Unit 1543072P Cincinnati, OH | 1.0 | 1.0 | 1797 | $1,652 | $0.92 | 9d | 1 | 0.29mi |
| 111 W Elder St Unit 1056040P Cincinnati, OH | 1.0–4.0 | 1.0–4.0 | 1835 | $2,022 | $1.10 | 4d | 3 | 0.29mi |
| 1622 Pleasant St Unit 1f Cincinnati, OH | 1.0 | 1.0 | — | $850 | — | 119d | 1 | 0.29mi |
| 107 W Elder St Unit C Cincinnati, OH | 1.0 | 1.0 | 800 | $1,195 | $1.49 | 98d | 1 | 0.30mi |
| 107 W Elder St Apt D Cincinnati, OH | 1.0 | 1.0 | 600 | $875 | $1.46 | 9d | 1 | 0.30mi |
| 107 W Elder St Unit B Cincinnati, OH | 1.0 | 1.0 | 600 | $995 | $1.66 | 93d | 1 | 0.30mi |
| 107 W Elder St Apt D Cincinnati, OH | — | 1.0 | 600 | $875 | $1.46 | 4d | 1 | 0.30mi |
| 107 W Elder St Unit C Cincinnati, OH | 1.0 | 1.0 | 800 | $1,195 | $1.49 | 93d | 1 | 0.30mi |
| 107 W Elder St Unit B Cincinnati, OH | — | 1.0 | 600 | $995 | $1.66 | 106d | 1 | 0.30mi |
| 1606 Pleasant St Unit 1056043P Cincinnati, OH | 1.0 | 1.0 | 1076 | $2,034 | $1.89 | 4d | 1 | 0.30mi |
| 1600 Pleasant St Cincinnati, OH | 1.0 | 1.0 | 568 | $1,445 | $2.54 | 9d | 13 | 0.31mi |
| 1807 Central Ave Cincinnati, OH | — | 1.0 | 500 | $795 | $1.59 | 119d | 1 | 0.31mi |
| 1635 Race St Unit 6-1635 Cincinnati, OH | 1.0 | 1.0 | 571 | $1,100 | $1.93 | 119d | 1 | 0.31mi |
| 1635 Race St Cincinnati, OH | — | 1.0 | 403 | $1,000 | $2.48 | 76d | 1 | 0.31mi |
| 1635 Race St Unit 2-1635 Cincinnati, OH | — | 1.0 | 403 | $1,000 | $2.48 | 119d | 1 | 0.31mi |
| 1701 Race St Unit 1703 Cincinnati, OH | 1.0 | 1.0 | 539 | $1,300 | $2.41 | 119d | 1 | 0.31mi |
| 1701 Race St Unit 1703 Cincinnati, OH | 1.0 | 1.0 | 713 | $1,300 | $1.82 | 9d | 1 | 0.31mi |
| 1701 Race St Unit 1705 Cincinnati, OH | 1.0 | 1.5 | 1000 | $1,475 | $1.48 | 9d | 1 | 0.31mi |
| 1701 Race St Unit 1705 Cincinnati, OH | 1.0 | 1.0 | 490 | $1,105 | $2.26 | 119d | 1 | 0.31mi |
| 1701 Race St Unit 1703 301 (AMI) Cincinnati, OH | 1.0 | 1.0 | 1160 | $1,235 | $1.06 | 9d | 1 | 0.31mi |
| 472 Dayton St Cincinnati, OH | 2.0 | 1.5 | 2519 | $1,500 | $0.60 | 100d | 1 | 0.33mi |
| 474 Dayton St Apt A Cincinnati, OH | 1.0 | 1.5 | 1500 | $1,300 | $0.87 | 119d | 1 | 0.33mi |
Property features AI
Finance
- Other
- No fireplace
- Financial info
- Property contains 3 total units with 2-bedroom units renting for approximately $1,300 each
Exterior
- Parking
- Private on-lot parking
- Utilities
- Public waterPublic sewerNatural gas
- Home design
- TriplexThree or more storiesStone foundation
- Construction
- Brick constructionStone foundationShingle roofBuilt with three or more levels
- Exterior features
- Shingle roofBrick constructionWindows: OtherLot approximately 0.055 acres (about 2,396 sq ft)
Interior
- Bedrooms
- Three 2-bedroom units
- Interior features
- Full basement
Listing history 50 events
-
2026-09-23days on market $154,900 Active 86 DOM
-
2026-09-21days on market $154,900 Active 84 DOM
-
2026-09-20days on market $154,900 Active 83 DOM
-
2026-09-19days on market $154,900 Active 82 DOM
-
2026-09-18days on market $154,900 Active 81 DOM
-
2026-09-17days on market $154,900 Active 80 DOM
-
2026-09-16days on market $154,900 Active 79 DOM
-
2026-09-15days on market $154,900 Active 78 DOM
-
2026-09-14days on market $154,900 Active 77 DOM
-
2026-09-13days on market $154,900 Active 76 DOM
-
2026-09-12days on market $154,900 Active 75 DOM
-
2026-09-11pricedays on market $154,900 Active 74 DOM
-
2026-09-05days on market $164,900 Active 68 DOM
-
2026-09-04days on market $164,900 Active 67 DOM
-
2026-09-03days on market $164,900 Active 66 DOM
-
2026-08-31days on market $164,900 Active 63 DOM
-
2026-08-29days on market $164,900 Active 61 DOM
-
2026-08-28days on market $164,900 Active 60 DOM
-
2026-08-27days on market $164,900 Active 59 DOM
-
2026-08-26days on market $164,900 Active 58 DOM
-
2026-08-25days on market $164,900 Active 57 DOM
-
2026-08-24days on market $164,900 Active 56 DOM
-
2026-08-23days on market $164,900 Active 55 DOM
-
2026-08-22days on market $164,900 Active 54 DOM
-
2026-08-21days on market $164,900 Active 53 DOM
-
2026-08-20days on market $164,900 Active 52 DOM
-
2026-08-19days on market $164,900 Active 51 DOM
-
2026-08-18days on market $164,900 Active 50 DOM
-
2026-08-17days on market $164,900 Active 49 DOM
-
2026-08-16days on market $164,900 Active 48 DOM
-
2026-08-15days on market $164,900 Active 47 DOM
-
2026-08-14days on market $164,900 Active 46 DOM
-
2026-08-13days on market $164,900 Active 45 DOM
-
2026-08-12days on market $164,900 Active 44 DOM
-
2026-08-11days on market $164,900 Active 43 DOM
-
2026-08-10days on market $164,900 Active 42 DOM
-
2026-08-09days on market $164,900 Active 41 DOM
-
2026-08-08days on market $164,900 Active 40 DOM
-
2026-08-07days on market $164,900 Active 39 DOM
-
2026-08-06days on market $164,900 Active 38 DOM
-
2026-08-05days on market $164,900 Active 37 DOM
-
2026-08-04days on market $164,900 Active 36 DOM
-
2026-08-03days on market $164,900 Active 35 DOM
-
2026-07-31days on market $164,900 Active 32 DOM
-
2026-07-30days on market $164,900 Active 30 DOM
-
2026-07-28pricedays on market $164,900 Active 29 DOM
-
2026-07-26days on market $174,900 Active 27 DOM
-
2026-07-24days on market $174,900 Active 25 DOM
-
2026-07-23days on market $174,900 Active 24 DOM
-
2026-07-22days on market $174,900 Active 23 DOM
ⓘ 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
- $3,214 · $268/mo
- Projected year-2 tax
- $3,214 · $268/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 5/10 Major 7 d/yr ≥103°F today · 20 d/yr by 30 yrs out
- Wind 2/10 Low 100% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $48,360
- − Mortgage interest
- −$8,677
- − Property taxes
- −$3,214
- − Insurance
- −$774
- − Repairs & maintenance
- −$3,869
- − Management
- −$3,869
- − Depreciation
- −$4,506
- Taxable income
- $23,451
- Est. tax owed @ 24.0%
- −$5,628
- After-tax cash flow
- $18,840/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.
Condition & rehab AI · 10 photos
This property requires extensive repairs and renovations to bring it up to a livable condition. The roof, exterior siding, flooring, interior walls, and HVAC and mechanical systems are all in poor condition and need major repairs.
Deferred maintenance Est. $50,000–$150,000 screening
- Major Roof (roof) — The roof appears to be in poor condition with visible damage and missing shingles.
- Major Windows (windows) — The windows are boarded up, indicating they are not functioning and need immediate attention.
- Major Electrical (electrical) — The interior is in a state of disrepair, with exposed wiring and missing fixtures, suggesting significant electrical issues.
- Major Plumbing (plumbing) — The interior is in a state of disrepair, with exposed plumbing and missing fixtures, indicating significant plumbing issues.
- Major Exterior (exterior) — The exterior is in a state of disrepair, with missing siding and exposed brick, indicating significant structural issues.
Repairs flagged
- Major roof — The roof appears to be in poor condition, with visible wear and tear.
- Major exterior siding — The exterior siding is peeling and in poor condition, with visible damage and discoloration.
- Major flooring — The flooring appears to be in poor condition, with visible wear and tear.
- Major interior walls — The interior walls are in poor condition, with visible damage and discoloration.
- Major HVAC and mechanical systems — The HVAC and mechanical systems appear to be in poor condition, with visible wear and tear.
Value-add opportunities
- Both roof replacement — A new roof will significantly improve the home's appearance and functionality, making it more attractive to buyers and renters. ↑
- Both exterior siding repair and painting — Repairing and repainting the exterior siding will improve the home's curb appeal and increase its value. ↑
- Both flooring replacement — Replacing the flooring will improve the home's appearance and functionality, making it more attractive to buyers and renters. ↑
- Both interior wall repair and painting — Repairing and repainting the interior walls will improve the home's appearance and functionality, making it more attractive to buyers and renters. ↑
- Both HVAC and mechanical system replacement — Replacing the HVAC and mechanical systems will improve the home's functionality and energy efficiency, making it more attractive to buyers and renters. ↑
ⓘ Rehab cost is a screening estimate — Extensive scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Cincinnati, OH
- County
- Hamilton County · 826,054 people
- City population
- 505,555
- Metro
- Cincinnati, OH-KY-IN
- Population (ZIP)
- 8,630
- Household income
- $27,852
- Rent vs Own
- Severe rent burden
- 14% of renters
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
- Majority Black (63%)
- Race & ethnicity
- Black 63% White 27% Two or more races 7% Hispanic / Latino 3%
- Common ancestry
- Romanian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 97% English-only · Spanish 1% 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
- ▲ 15.01%
- Current HPI
- 433.2346
- Rent YoY
- ▲ 8.09%
- 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 |
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| Industrial Machinery | 3 | $49B |
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| Financial Services | 3 | $24B |
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| Consumer Goods | 2 | $93B |
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| Aerospace / Defense | 2 | $47B |
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| Utilities | 2 | $33B |
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Price history
+72.3% since first listed2 events — show timeline
- 2026-06-22 Listed $174,900 Cincy MLS
- 2023-05-12 Sold (Public Records) $101,500 Public Records
Property tax history
+57.2%/yrLatest (2025): $3,214 · +0.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…