$389,900
 $2,594 est/mo Sourced by Back At You

1589 Summit Rd,Cincinnati, OH 45237

Cincinnati, OH 45237

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Description

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 TypeFor Sale
Sub-TypeResale
StatusPending
Year1942
Days On Site18
Listing Provided ByColdwell Banker Realty | Dustin Walters

Features

SQ Feet2,798
Garage4
BasementY
Story(s)2
Units4
Building(s)1
ZoningMulti Family
Acreage0.13
Property ViewCity

Interior

Rooms Total0
HeatingForced Air, Gas
CoolingCentral Air
Window FeaturesVinyl, Insulated
Interior FeaturesSecurity System, 220 Volt, Storage Area
Fireplace FeaturesNone
Fireplaces Total0

Exterior

RoofShingle
Construction MaterialsBrick
Foundation DetailsPoured

Parking

Parking FeaturesOff Street, Onstreet
Open Parking Spaces4

Utilities

SewerPublic Sewer
GasNatural

Area Information

StateOH
CountyHamilton
CityCincinnati
Zip Code45237
AreaHamilton E02
SubareaHamilton E02
Community NameRoselawn
School DistrictCincinnati City SD
High SchoolCincinnati City SD
Listing VS Median (in Roselawn)
Price:
$389,900
low | high
Med:
$240,000
88.445755321877% of Average
sqft:
2,798
low | high
Med:
1,079
100% of Average
$ / sqft:
$139
low | high
Med:
$222
9.618884716763% of Average
On site:
18
low | high
Med:
5
100% of Average
Sourced by Back At You

Market Activity 45237

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Learn More About This Property

StateOH
CountyHamilton
CityCincinnati
Zip Code45237
AreaHamilton E02
SubareaHamilton E02
Community NameRoselawn
School DistrictCincinnati City SD
High SchoolCincinnati City SD
Listing VS Median (in Roselawn)
Price:
$389,900
low | high
Med:
$240,000
88.445755321877% of Average
sqft:
2,798
low | high
Med:
1,079
100% of Average
$ / sqft:
$139
low | high
Med:
$222
9.618884716763% of Average
On site:
18
low | high
Med:
5
100% of Average
Sourced by Back At You
Listing Updated: September 8, 2026 at 10:05:09 AM PDT