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$245,000
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Property Description
Great opportunity to own a solid brick 4-family home with strong rental history and long-term tenants providing a combined over $3k per month rental income. Each unit offers 1 full bath: Unit #1 (2BR, rented $950/mo), Unit #2 (1BR, rented $725/mo), Unit #3 (Efficiency, now vacant), and Unit #4 (1BR, rented $600/mo). Owner pays water and heat, tenants pay electric. All four garages could be leased separately, adding extra income. Recent improvements include new roof and gutters (2023), exterior painted (2024), furnace (2024), water heater (2021), siding (2015), and replacement windows. Heating systems vary with Unit #1 & #2 on gas furnace and Unit #3 & #4 on boiler. The property is priced with consideration for future updates, making this an excellent buy-and-hold investment with immediate cash flow and value-add potential.
Full Property Details
Full Property Details for 4813 Rapid Run Rd
General
- Sold For: $245,000
- Taxes: $1,609
- Status: Closed
- Type: Multi-Family
- Source: Cincinnati
- MLS ID: 1848688
- Added to Site: 217 day(s) ago
Interior
- Interior Features: 220 Volts, Storage Area
- Appliances: 4 Stoves, 4 Refrigerators
Additional Information
- Other Features: Corner Lot
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking: Garage
- Garage Description: Attached, Oversized, Front
Location
- Area: Covedale
- County: Hamilton
- Township: Cincinnati City
- Driving Directions: Property on the corner of Overlook and Rapid Run
School Information
- School District: Cincinnati City SD
- High School District: Cincinnati City SD
Heating & Cooling
- Cooling Type: Wall Unit
- Heating Type: Forced Air, Gas, Hot Water
- Heating Fuel: Natural
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Foundation: Poured
- Roof: Shingle
- Windows: Vinyl
- Stories/Levels: Three
- Square Feet: 2,642
- 2nd Level: 792 Sq. Ft.
- Year Built: 1910
Unit Information
- Studio/Effic Units: 1
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.137
- Lot Size (Sq. Ft.): 5,968
- Lot Dimensions: 79 x 80
- Zoning: Residential, Multi Family
Financial Considerations
- Semi-Annual Taxes: $804
- Tax Amount: $1,609
- Pays Heat: Owner
- Pays Water: Owner
Disclosures and Reports
- APN: 180-0082-0179-00
Listed by Comey & Shepherd (513) 777-2333, May Xuemei Wu (513) 777-2333
Sold by RE/MAX Preferred Group (513) 229-7774, Jason Schmidt
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Schools
Schools serving 4813 Rapid Run Rd
School District:Cincinnati City School District
| Name | Grades | Distance |
|---|---|---|
Carson Elementary School, Cincinnati, OH 4323 Glenway Avenue, Cincinnati, OH 45205 | PK-6 | 0.8 mi |
Aiken New Tech High School 5641 Belmont Avenue, Cincinnati, OH 45224 | 7-12 | 6.2 mi |
Walnut Hills High School 3250 Victory Parkway, Cincinnati, OH 45207 | 7-12 | 6.8 mi |
Western Hills University High School 2144 Ferguson Road, Cincinnati, OH 45238 | 7-12 | 0.9 mi |
Gilbert A. Dater High School 2146 Ferguson Road, Cincinnati, OH 45238 | 7-12 | 1 mi |
Robert A. Taft Information Technology High School 420 Ezzard Charles Drive, Cincinnati, OH 45214 | 7-12 | 4.1 mi |
Withrow University High School 2488 Madison Road, Cincinnati, OH 45208 | 7-12 | 8.2 mi |
Woodward Career Technical High School 7005 Reading Road, Cincinnati, OH 45237 | 7-12 | 9 mi |
Shroder Paideia High School 5030 Duck Creek Road, Cincinnati, OH 45227 | 7-12 | 10.9 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 4813 Rapid Run Rd
Date
Details
Price
Change
Source
12/05/2025
Sold
$245,000
-1.61%
MLS
7/18/2025
Listed
$249,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4813 Rapid Run Road, Cincinnati, OH 45238 (MLS# 1848688) is a Multi-Family property that was sold at $245,000 on December 05, 2025. Want to learn more about 4813 Rapid Run Road? Do you have questions about finding other Multi-Family real estate for sale in Cincinnati? You can browse all Cincinnati real estate or contact a Coldwell Banker agent to request more information.

