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$860,000
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Property Description
Welcome to an exceptional investment opportunity in Cincinnati! This 12-unit apartment building, located at 238 S Wayne Ave, offers a fantastic chance to expand your real estate portfolio. Built in 1969, this two-story complex is situated in a prime location, providing easy access to shopping, dining, and public transportation. Each unit is designed for comfort and convenience, with potential for increases in the rent to market rates. The property boasts ample parking, a well-maintained exterior, and a layout that ensures tenant satisfaction. Investors will appreciate the steady rental demand in the area and the opportunity for long-term growth. Whether you're looking to add to your existing portfolio or start fresh with a promising multi-family investment, this 12-unit building is an excellent choice.
Full Property Details
Full Property Details for 238 S Wayne Ave
General
- Sold For: $860,000
- Taxes: $11,410
- Status: Closed
- Type: Apartment
- Source: Cincinnati
- MLS ID: 1832347
- Added to Site: 364 day(s) ago
Interior
- Interior Features: Security System, Coin Laundry
- Appliances: Oven/Range, Refrigerator, inWall AC (12)
Additional Information
- Other Features: Coin Laundry, Corporation-Owned
Exterior
- Exterior Features: Patio
Parking
- Garage: Yes
- Garage Spaces: 12
- Total Spaces: 12
- Parking: Asphalt, Lot, Off-Street Parking, On-Street Parking
Location
- Area: Lockland
- County: Hamilton
- Township: Lockland City
- Subdivision: Lockland
School Information
- School District: Lockland City SD
- High School District: Lockland City SD
Heating & Cooling
- Cooling Type: Window Air Conditioning
- Separate Air Cond.: Yes
- Heating Type: Gas
- Heating Fuel: Natural
Utilities
- Separate Gas/Elect: Yes
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Two Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Poured
- Roof: Membrane
- Windows: Vinyl
- Stories/Levels: Two
- Year Built: 1969
Unit Information
- 1 Bedroom Units: 12
- 1 Bedroom Sq. Ft.: 570
Lot Features
- Property View: City
- Lot Size (Acres): 0.537
- Lot Size (Sq. Ft.): 23,392
- Zoning: Multi Family
Financial Considerations
- Semi-Annual Taxes: $5705
- Tax Amount: $11,410
- Pays Heat: Owner
- Pays Water: Owner
Disclosures and Reports
- Documents Avail.: Floor Plan, P & L's, Rent Roll
- APN: 641-0007-0031-00
Listed by Keller Williams Seven Hills Re (513) 371-5070, Jonathan Hardy
Sold by eXp Realty (866) 212-4991, Angela Poling
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Schools
Schools serving 238 S Wayne Ave
School District:Lockland Local School District
| Name | Grades | Distance |
|---|---|---|
Lockland Elementary School 200 N Cooper Ave, Lockland, OH 45215 | PK-6 | 0.5 mi |
Lockland Local Middle School 249 West Forrer, Lockland, OH 45215 | 7-8 | 0.6 mi |
Lockland High School 249 West Forrer, Lockland, OH 45215 | 9-12 | 0.6 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 238 S Wayne Ave
Date
Details
Price
Change
Source
9/19/2025
Sold
$860,000
-4.34%
MLS
5/11/2025
Price Reduced
$899,000
-5.37%
MLS
4/22/2025
Price Reduced
$950,000
-3.55%
MLS
3/05/2025
Listed
$985,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
238 S Wayne Avenue, Lockland, OH 45215 (MLS# 1832347) is a Apartment property that was sold at $860,000 on September 19, 2025. Want to learn more about 238 S Wayne Avenue? Do you have questions about finding other Apartment real estate for sale in Lockland? You can browse all Lockland real estate or contact a Coldwell Banker agent to request more information.

