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$469,000 Sale Pending

  • For Sale
  • Pending
  • Triplex
  • 3,512 Sq. Ft.
  • 0.152 Acres
  • 2 Car Garage
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Turn key three family investment property with the opportunity to owner occupy or maximize rental potential with a great location and spacious units. Located in Clifton Gaslight District, recent updates include renovated kitchens and baths in all units, 30 year roof replacement and HVAC updated in 2012, and all water supply lines replaced. The perfect combination of historic details & modern updates with hardwood floors, french doors, and brick fireplaces throughout. Unit 1 & 3 occupied on month to month basis, Unit 2 is currently vacant. Amenities include shared laundry, basement storage, and detached garage with 2 parking spaces for Unit 1. Unit 1 tenants pay gas & electric. Unit 2&3 gas/electric paid by owner. Owner pays water/sewer/trash for all units.

Full Property Details for 508 Terrace Ave

General

  • Price: $469,000
  • Status: Pending
  • Type: Triplex
  • Source: Cincinnati
  • MLS ID: 1870640
  • Updated: 3/7/2026
  • Added to Site: 29 day(s) ago

Rental Information

  • Lease Info: Month to Month

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Inoperable
  • Appliances: Washer/Dryer, Kitchen Appliances in Unit

Additional Information

  • Other Features: Bus Line Nearby

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: On-Street Parking
  • Garage Description: Rear, Detached

Location

  • Area: Clifton
  • County: Hamilton
  • Township: Cincinnati City
  • Driving Directions: Ludlow Ave to Whitfield Ave to Terrace Ave

School Information

  • School District: Cincinnati City SD
  • High School District: Cincinnati City SD

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Window Air Conditioning, Central Air Conditioning
  • Separate Air Cond.: Yes
  • Heating Type: Forced Air, Gas
  • Heating Fuel: Natural
  • Separate Furnace: Yes

Utilities

  • Separate Gas/Elect: Yes
  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Architectural Style: Three Story
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Stone
  • Roof: Shingle
  • Windows: Wood
  • Stories/Levels: Three
  • Square Feet: 3,512
  • Year Built: 1922

Unit Information

  • 1 Bedroom Units: 1
  • 1 Bedroom Sq. Ft.: 668
  • 2 Bedroom Units: 2
  • 2 Bedroom Sq. Ft.: 1,452

Unit 1

  • Bedrooms: 2

Unit 2

  • Bedrooms: 2

Unit 3

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.152
  • Lot Size (Sq. Ft.): 6,621

Financial Considerations

  • Semi-Annual Taxes: $4796
  • Pays Water: Owner

Disclosures and Reports

  • Documents Avail.: Copy of Lease, P & L's
  • APN: 214-0002-0052-00

Listed by Keller Williams Advisors (513) 766-9200, Alicia Stoughton (513) 766-9200

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Listing agent

— 508 Terrace Ave —

  • Alicia Stoughton

    Keller Williams Advisors

    513-766-9200

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 508 Terrace Ave

School District:Cincinnati City School District
NameGradesDistance
Clifton Area Neighborhood School
3711 Clifton Avenue, Cincinnati, OH 45220
PK-60.6 mi
Walnut Hills High School
3250 Victory Parkway, Cincinnati, OH 45207
7-122.4 mi
Aiken New Tech High School
5641 Belmont Avenue, Cincinnati, OH 45224
7-123.7 mi
Hughes STEM High School
2515 Clifton Avenue, Cincinnati, OH 45219
7-121 mi
Robert A. Taft Information Technology High School
420 Ezzard Charles Drive, Cincinnati, OH 45214
7-122.3 mi
James N. Gamble Montessori High School
3036 Werk Road, Cincinnati, OH 45211
7-124.1 mi
Withrow University High School
2488 Madison Road, Cincinnati, OH 45208
7-123.9 mi
Woodward Career Technical High School
7005 Reading Road, Cincinnati, OH 45237
7-124.6 mi
Riverview East Academy
3555 Kellogg Avenue, Cincinnati, OH 45226
9-124.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 508 Terrace Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Listed
$469,000
44.31%
MLS
2/14/2013
Sold
$325,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 508 Terrace Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,599
—
$151,158
—
2024
$9,585
—
$151,157
—
2023
$9,602
13%
$151,157
24%
2021
$8,495
-1%
$122,070
—
2022
$8,623
2%
$122,070
—
2020
$8,495
2%
$122,070
12%
2019
$8,332
—
$108,994
—
2018
$8,339
4%
$108,994
—
2017
$8,031
-7%
$108,994
-4%
2016
$8,591
14%
$113,751
—
2015
$7,508
-1%
$113,751
—
2014
$7,554
22%
$113,750
24%
2013
$6,207
—
$91,886
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 508 Terrace Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Advisors (513) 766-9200, Alicia Stoughton (513) 766-9200

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508 Terrace Avenue, Cincinnati, OH 45220 (MLS# 1870640) is a Triplex property with 0 bedrooms and 0 full bathrooms. 508 Terrace Avenue is currently listed for $469,000 and was received on March 05, 2026. Want to learn more about 508 Terrace Avenue? Do you have questions about finding other Triplex real estate for sale in Clifton? You can browse all Clifton real estate or contact a Coldwell Banker agent to request more information.

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