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$270,000
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Property Description
own a turnkey 4 Family with immediate income and long-term upside. The property is comprised of two 2BR/1BA units and two 1BR/1BA units, all currently leased. Each unit features updated kitchen cabinets, hardwood floors, and electric baseboard heating, with tenants paying their own heat. Owner currently covers water, sewer, and trash. Great value-add potential through rent increases or implementation of a RUBS (Ratio Utility Billing System). Live in one unit and rent out the others, or continue operating as a 100% income-producing property. Located in the vibrant East Price Hill neighborhood, just steps from the revitalized Incline District, ARCO arts venue, and Mount Echo Park with scenic city views. Convenient access to Warsaw Avenue's growing retail corridor, including restaurants, cafes, and neighborhood shopping. Close proximity to Kroger, major bus routes, and only minutes to downtown Cincinnati. This is an ideal opportunity
Full Property Details
Full Property Details for 1218 Purcell Ave
General
- Sold For: $270,000
- Taxes: $3,412
- Status: Closed
- Type: Apartment
- Source: Cincinnati
- MLS ID: 1847229
- Added to Site: 226 day(s) ago
Rental Information
- Lease Info: Year Leases, MTM Leases
Interior
- Appliances: Stover, Refrigerator, Oven
Parking
- Parking: Off-Street Parking
Location
- Area: Price Hill
- County: Hamilton
- Township: Cincinnati City
- Driving Directions: turn left onto Elm Street Continue onto Warsaw Avenue, following it for about 2 miles through East Price Hill. Turn left onto Purcell Avenue
School Information
- School District: Cincinnati City SD
- High School District: Cincinnati City SD
Heating & Cooling
- Cooling Type: Window Air Conditioning
- Separate Air Cond.: Yes
- Heating Type: Baseboard, Electric
- Heating Fuel: At Street
Utilities
- Separate Gas/Elect: Yes
- Sewer: Public Sewer
- Water: At Street
Structural Information
- # Buildings: 1
- Architectural Style: Two Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Block
- Roof: Shingle
- Windows: Vinyl
- Stories/Levels: Two
- Year Built: 1959
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
Financial Considerations
- Semi-Annual Taxes: $1706
- Tax Amount: $3,412
- Tenant Expense: Heat
- Pays Heat: Tenant
- Pays Water: Owner
Disclosures and Reports
- APN: 173-0001-0045-00
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Schools
Schools serving 1218 Purcell Ave
School District:Cincinnati City School District
| Name | Grades | Distance |
|---|---|---|
Rees E. Price Elementary School 1228 Considine Avenue, Cincinnati, OH 45204 | PK-6 | 0.1 mi |
Walnut Hills High School 3250 Victory Parkway, Cincinnati, OH 45207 | 7-12 | 4.9 mi |
Aiken New Tech High School 5641 Belmont Avenue, Cincinnati, OH 45224 | 7-12 | 5.4 mi |
Western Hills University High School 2144 Ferguson Road, Cincinnati, OH 45238 | 7-12 | 2.1 mi |
Gilbert A. Dater High School 2146 Ferguson Road, Cincinnati, OH 45238 | 7-12 | 2.1 mi |
Robert A. Taft Information Technology High School 420 Ezzard Charles Drive, Cincinnati, OH 45214 | 7-12 | 2.2 mi |
Withrow University High School 2488 Madison Road, Cincinnati, OH 45208 | 7-12 | 6.2 mi |
Woodward Career Technical High School 7005 Reading Road, Cincinnati, OH 45237 | 7-12 | 7.4 mi |
Shroder Paideia High School 5030 Duck Creek Road, Cincinnati, OH 45227 | 7-12 | 9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1218 Purcell Ave
Date
Details
Price
Change
Source
9/08/2025
Sold
$270,000
-1.82%
MLS
7/09/2025
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1218 Purcell Avenue, Cincinnati, OH 45205 (MLS# 1847229) is a Apartment property that was sold at $270,000 on September 08, 2025. This property was sold by DaVan Gassett from our Hyde Park Office.Want to learn more about 1218 Purcell Avenue? Do you have questions about finding other Apartment real estate for sale in Price Hill? You can browse all Price Hill real estate or contact a Coldwell Banker agent to request more information.


