For SaleRisky Deal2 days on market
512 Reading Rd Unit 203
512 Reading Rd Unit 203, Cincinnati, OH 45202, Cincinnati, OH 45202
$465,000
Listing Price
512 Reading Rd Unit 203, Cincinnati, OH 45202
Loc: Cincinnati, OH
Days Listed
2
Tax Assessed
$430k
Lot Size
0.26 acres
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Riverview East Academy
PK,4,6,9-12
3.2 mi away
3
Robert A. Taft Information Technology High School
7-12
1.1 mi away
3
Hughes STEM High School
7-12
1.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
brick masonryindustrial chicmixed-useurban architecturemulti-storygaragerooftop deckflat roofhistoric neighborhoodcommercial-style windowsdowntown vibestreet-level entrybrick veneer
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.59%
Total ROI
80.3%
Cash Flow
$-247/mo
DSCR
0.90
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-247/mo net cash flow with a 5.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.6%)
- • Strong rental demand in Cincinnati
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $465,000 | $216 |
| 2024-08-14 | Listing removed | $0 | – |
| 2024-07-31 | Price change | $439,900 | $204 |
| 2024-06-26 | Price change | $465,000 | $216 |
| 2024-05-25 | Price change | $475,000 | $221 |
| 2024-05-10 | Pending sale | $499,000 | $232 |
| 2024-04-25 | Price change | $499,000 | $232 |
| 2024-04-12 | Listed for sale | $525,000 | $244 |
| 2017-09-06 | Sold | $365,000 | $169 |
| 2017-08-03 | Pending sale | $372,500 | $173 |
| 2017-07-07 | Price change | $372,500 | $173 |
| 2017-05-22 | Price change | $379,000 | $176 |
| 2017-01-23 | Price change | $389,900 | $181 |
| 2016-09-09 | Listed for sale | $399,900 | $186 |
| 2009-08-07 | Sold | $369,795 | $172 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $9,258.33 | $150,532 |
| 2024 | $8,979.33 | $150,532 |
| 2023 | $9,180.63 | $150,532 |
| 2022 | $8,685.85 | $127,750 |
| 2021 | $8,608.81 | $127,750 |
| 2020 | $8,608.81 | $127,750 |
| 2019 | $2,121.3 | $126,066 |
| 2018 | $2,015.44 | $126,067 |
| 2017 | $2,015.44 | $126,067 |
| 2016 | $1,667.4 | $122,959 |
| 2015 | $1,667.4 | $122,959 |
| 2014 | $1,679.08 | $122,959 |
| 2013 | $1,701.76 | $122,959 |
| 2012 | $1,671.84 | $122,959 |
| 2011 | $1,620.84 | $122,959 |
| 2010 | $1,784.08 | $129,430 |
| 2009 | $1,516.76 | $25,277 |
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