501 Terrace AvenueCincinnati, OH 45220

Multi Unit - Multiple MLS 1859104 Sold New to the Market
295000
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1/26 Fullscreen
0 beds Bathrooms 3,348 sqft

Listed By

Agency Name: Coldwell Banker Realty
Agent Name: Nicole Byerly

agent picture

Shown By

Agent Name: Rhesa Toth
Agent Phone: (330) 323-2432
Agency Title: Cutler Real Estate

Contact Rhesa Toth About This Property

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Property Description

Prime Clifton Location! This two-family property offers excellent potential for investors or owner occupant looking to generate income. Each unit includes two bedrooms, one bath, generous living and dining spaces. Close to the best of Cincinnati's restaurants, entertainment & universities. The property offers both convenience and long-term value in one of the cities most sought after neighborhoods. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income, this property provides flexibility for both scenarios.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air
Days on Market: 212
Fireplaces: 0
Garage: 3
Heating: Forced Air, Gas
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $8,992
Year Built: 1946

Amenities

Storage Area
Porch
Balcony

Feature Descriptions

Exterior: Aluminum Siding, Brick
Fireplace Features: Ceramic, Inoperable
Foundation: Poured
Gas: Natural
Other Features: Corner Lot
Parcel #: 214-0002-0120-00
Parking: Onstreet, Garage
Sewer: Public Sewer
Special View Info: City
SQFT Basement: 1674
Total Buildings: 1
Units: 2
Water: Public
Window Features: Casement, Insulated

Local Schools

School District: Cincinnati City SD

Demographics

Hamilton County Demographic Information for
Fips
Fips Code 39061
Population
2020 to 2025 Change up 0.9%
2010 Count 802,374
2020 Count 830,639
2025 Estimate (V2025) 838,418
2020 Estimate (V2025) 830,628
Age Distribution (Years Old)
0 to 4 6.1%
5 to 17 22.6%
18 to 64 54.0%
65 and Older 17.3%
Gender
Male 48.6%
Female 51.4%
Place of Birth
Foreign 6.3%
US 93.7%
Education
High School Graduate, Age 25+ 92.7%
Bachelor's Degree or Higher, Age 25+ 41.8%
Computer and Internet use
Households with a computer 95.1%
Households with a broadband Internet subscription 91.3%
Language
English is Second Language, Age 5+ 8.1%
English is First Language, Age 5+ 91.9%
Veterans
Veterans 34,838
Income
Per Capita Income $45,936
Median Household Income $72,470
People in Poverty 14.2%
Commute
Average Work Commute Time 23 minutes
Housing
Total Housing Units 381,690
Households 354,739
Average Household Size 2.29
Owner-Occupied 59.3%
Multi-Family 35.8%
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 2024 822
Years at Residence
1 Year or More 86.3%
Less Than 1 Year 13.7%
Business and Employment
Private non-farm Establishments 21,087
Private non-farm Employment 529,211
Private non-farm Employment Growth down 1.0%
Nonemployer Establishments 66,999
Number of Firms 14,937
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 Area 405.91 sq. miles
Population Per Square Mile 1,977

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,350.41 per month $1,515.04 Principal & Interest $749.33 Property Tax $86.04 Homeowner's Insurance

Change Payment Information

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

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