540 Grand AvenueCincinnati, OH 45205

540 Grand AvenueCincinnati, OH 45205

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$299,900 Active
Multi Unit - Multiple MLS 1870893 New to the Market

Listed By

Agency Name: eXp Realty
Agency Phone: 8662124991
Agent Name: Arthur Greenlee

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Fully remodeled and fully rented turnkey duplex offering strong cash flow. The property features a 2 bed / 1 bath unit rented for $1,350 and a spacious 5 bed / 2 bath unit rented for $2,300, generating $3,650 in combined monthly income. Leases are in place through October 2026, providing stable rental income. Don't miss this investment opportunity.

540 Grand Avenue | MLS# 1870893

This multi-family property located at 540 Grand Avenue, Cincinnati, OH 45205 is currently listed for sale with an asking price of $299,900. Grand Avenue is located within the Cincinnati school district. Search Cincinnati real estate on 294plainstreet.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Cooling: Central Air
Days on Market: 2
Fireplaces: 0
Heating: Gas
Lot Size: 0.08 Acres
Roof Type: Shingle, Composition
Stories: 3.0
Taxes: $1,266
Year Built: 1895

Feature Descriptions

Exterior: Vinyl Siding
Fireplace Features: Electric
Foundation: Block
Gas: Natural
Parcel #: 1780030001700
Parking: Onstreet
Sewer: Public Sewer
SQFT Basement: 1152
Total Buildings: 1
Units: 2
Water: Public
Window Features: Vinyl

Local Schools

School District: Cincinnati

Demographics

Hamilton County Demographic Information for 540 Grand Avenue, Cincinnati, OH 45205
Fips
Fips Code 39061
Population
2020 to 2023 Change down 0.4%
2010 Count 802,374
2020 Count 830,639
2023 Estimate (V2023) 827,058
2020 Estimate (V2023) 830,628
Age Distribution (Years Old)
0 to 4 6.1%
5 to 17 22.6%
18 to 64 54.4%
65 and Older 16.9%
Gender
Male 48.6%
Female 51.4%
Place of Birth
Foreign 5.9%
US 94.1%
Education
High School Graduate, Age 25+ 92.1%
Bachelor's Degree or Higher, Age 25+ 40.3%
Computer and Internet use
Households with a computer 93.4%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 7.4%
English is First Language, Age 5+ 92.6%
Veterans
Veterans 37,263
Income
Per Capita Income $42,555
Median Household Income $68,249
People in Poverty 15.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 381,690
Households 348,491
Average Household Size 2.32
Owner-Occupied 59.2%
Multi-Family 35.8%
Owner-Occupied Median Value $205,000
Median selected monthly owner costs -with a mortgage $1,567
Median selected monthly owner costs -without a mortgage $649
Median gross rent $961
Building Permits
New Private Housing Issued 2023 1,143
Years at Residence
1 Year or More 85.3%
Less Than 1 Year 14.7%
Business and Employment
Private non-farm Establishments 20,857
Private non-farm Employment 493,367
Private non-farm Employment Growth down 1.0%
Nonemployer Establishments 63,869
Number of Firms 69,573
Business Production
Value of Shipments $23,656,887,000
Wholesale Trade $16,309,476,000
Retail Trade $13,273,606,000
Retail Sales Per Capita $14,411
Accommodation and Food Services $2,445,265,000
Land
Land Area 405.91 sq. miles
Population Per Square Mile 1,977

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,656.18 per month $1,463.21 Principal & Interest $105.50 Property Tax $87.47 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage