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1589 Summit Road, Cincinnati, OH 45237

Cincinnati
Local realty services provided by:CENTURY 21 Premiere Properties
1589 Summit Road,Cincinnati, OH 45237
$445,000
  • - Beds
  • - Baths
  • 2,798 sq. ft.
  • Multi-family
  • Active
Listed by: dustin walters
Office: coldwell banker realty513-777-7900
MLS#:1883252
Source:OH_CINCY

Price summary

  • Price:$445,000
  • Price per sq. ft.:$159.04

About this home

Exceptional opportunity to own a fully renovated, turnkey 5-unit multifamily property at 1589 Summit Rd! This income-producing asset features four 1-bedroom units and one efficiency unit, generating $4,400/month in gross rental income. Tenants pay all utilities except water, keeping expenses low. One unit is intentionally vacant for easy showings and immediate leasing potential. 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 and a basement efficiency unit with two separate entrances/exits. Annual taxes are currently under $6k. A rare opportunity to acquire a low-maintenance, cash-flowing investment.

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Home facts

  • Year built:1942
  • Listing ID #:1883252
  • Added:1 day(s) ago
  • Updated:June 16, 2026 at 02:09 PM

Rooms and interior

  • Basement Description:Full
  • Living area:2,798 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1942
  • Building area:2,798 sq. ft.
  • Lot area:0.13 Acres
  • Construction Materials:Brick
  • Foundation Description:Poured
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$445,000
  • Price per sq. ft.:$159.04

Parking

  • Total parking spaces:4
  • Parking description:Off Street, Onstreet
  • Garage:Yes
  • Garage spaces:4
MLS LogoInformation deemed reliable but not guaranteed. 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 CENTURY 21 Premiere Properties are marked with the Broker Reciprocity&#8482 logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. 2026, MLS of Greater Cincinnati, Inc. All rights reserved.

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