1589 Summit Road, Cincinnati, OH 45237

$399,900
2,798
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$399,900
Status
ACTIVE
Days on Market
62
Price Change
▼ $20,000 1785445900
MLS#
1883252
Year Built
1942
Living Area
2,798
Lot Size
5,837
Acres
0.13
Neighborhood
Roselawn
MLS Area Major
Hamilton-E02

Property Description

Exceptional opportunity to own a fully renovated, turnkey multifamily property at 1589 Summit Rd! The property has four 1-bedroom units that are generating $3,600/month in gross rent. Tenants pay all utilities except water and sewer, keeping expenses low. One unit is intentionally vacant for easy showings and immediate leasing potential. Smoke and pet-free building. Extensively renovated within the past 3 years, improvements include all new drywall, electrical, plumbing, windows, roof, gutters, individual furnaces, central A/C units, remodeled kitchens with updated appliances, and high-end marble and tile finishes throughout. The solid brick building has been meticulously maintained, with brickwork in excellent condition. Additional features include two sump pumps for added protection. Annual taxes are currently under $6k. A rare opportunity to acquire a low-maintenance, cash-flowing investment.

Additional Information

Interior Features
Security System, 220 Volt, Storage Area
Heating
Forced Air, Gas
Air Conditioning
Central Air
Exterior Construction
Brick
Stories
Two
Levels
Two
Roof
Shingle
Foundation
Poured
Parking
Off Street, Onstreet
Garage Spaces
4
School District
Cincinnati City SD
View
City

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Dustin Walters with Coldwell Banker Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.