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4423 Erie Avenue, Cincinnati, OH 45227$459,900

Days on Site: 4 MLS#: 1885571 View Map

Comments for 4423 Erie Avenue, Cincinnati, OH 45227

This well-maintained multifamily property offers four 1-bedroom, 1-bath units all with balconies/porches. Four car detached garage. Below market rents offer plenty of upside to the next owner. Forced air heat and window AC contributes to low utility costs for the owner/landlord. Conveniently located in the heart of Madisonville just off Red Bank Road, this location provides easy access to highways, major employers, shopping, dining, & parks. This is an excellent opportunity to add a quality multifamily asset to your portfolio. Unit 1 leased through 9/30/26 at $1000 Unit 2 leased through 4/30/27 at $1125 Unit 3 is MTM at $875 Unit 4 is MTM at $1090.

Property Type: Multi Unit - Multiple Lot Size: 0.15 Acres
Basement: Full Other Features: Corner Lot, Busline Near
Basement: Yes Parcel #: 036-0006-0247-00
Cooling: Window Unit Parking: Garage
Days on Site: 4 Roof Type: Shingle
Exterior: Brick Sewer: Public Sewer
Fireplace Features: None Special View Info: City
Fireplaces: 0 Stories: 2.0
Foundation: Poured Taxes: $7,022
Garage: 4 Total Buildings: 1
Gas: Natural Units: 4
Heating: Gas Water: Public
Interior Features: Storage Area Window Features: Wood
Lot Dimensions: 50 x 150 Year Built: 1930
Unit Type 1:
Bedrooms: 1
Full Bath(s): 1
Rent: $1000.00
Total Rooms: 3
Unit Type 2:
Bedrooms: 1
Full Bath(s): 1
Rent: $1125.00
Total Rooms: 3
Unit Type 3:
Bedrooms: 1
Full Bath(s): 1
Rent: $875.00
Total Rooms: 3
Unit Type 4:
Bedrooms: 1
Full Bath(s): 1
Rent: $1090.00
Total Rooms: 3
School District: Cincinnati

Listed By

Agency Name: Comey & Shepherd
Agent Name: Eric Surkamp
Agency Phone: 513-321-4343

Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913
Agency Title: Irongate Inc., Realtors

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Hamilton County Demographic Information for 4423 Erie Avenue, Cincinnati, OH 45227

Fips
Fips Code39061
Population
2020 to 2025 Changeup 0.9%
2010 Count802,374
2020 Count830,639
2025 Estimate (V2025)838,418
2020 Estimate (V2025)830,628
Age Distribution (Years Old)
0 to 46.1%
5 to 1722.6%
18 to 6454.0%
65 and Older17.3%
Gender
Male48.6%
Female51.4%
Place of Birth
Foreign6.3%
US93.7%
Education
High School Graduate, Age 25+92.7%
Bachelor's Degree or Higher, Age 25+41.8%
Computer and Internet use
Households with a computer95.1%
Households with a broadband Internet subscription91.3%
Language
English is Second Language, Age 5+8.1%
English is First Language, Age 5+91.9%
Veterans
Veterans34,838
Income
Per Capita Income$45,936
Median Household Income$72,470
People in Poverty14.2%
Commute
Average Work Commute Time23 minutes
Housing
Total Housing Units381,690
Households354,739
Average Household Size2.29
Owner-Occupied59.3%
Multi-Family35.8%
Owner-Occupied Median Value$241,900
Median selected monthly owner costs -with a mortgage$1,673
Median selected monthly owner costs -without a mortgage$707
Median gross rent$1,075
Building Permits
New Private Housing Issued 2024822
Years at Residence
1 Year or More86.3%
Less Than 1 Year13.7%
Business and Employment
Private non-farm Establishments21,087
Private non-farm Employment529,211
Private non-farm Employment Growthdown 1.0%
Nonemployer Establishments66,999
Number of Firms14,937
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 Area405.91 sq. miles
Population Per Square Mile1,977
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Jon Glista
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Text: (937) 620-8913

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Mortgage Payment Calculation for 4423 Erie Avenue, Cincinnati, OH 45227

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $3,553.06 / per month

(Payments are an estimate and may vary by lender)

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