Property Description

Solid brick duplex in the heart of Mount Airy offering a prime opportunity for both owner-occupants and investors. Located in a strong rental market, this property features separate furnaces and individually metered gas and electric, helping keep owner expenses low and operations simple. One unit is currently occupied (Month to month), providing immediate income, while the second unit is vacant, perfect for an owner-occupant or ready to be leased at market rates. Rental comps suggest strong upside potential with rents exceeding $1,200/month per unit. Oversized attached garage provides an additional income stream ** Property is available for individual purchase or can be packaged with the neighboring duplex at 5603 Colerain Ave for added scale and investment potential. Rent roll/Notes attached

5595 Colerain | MLS# 1876308

This multi-family property located at 5595 Colerain, Cincinnati, OH 45239 is currently listed for sale with an asking price of $255,000. Colerain is located within the Cincinnati school district. Search Cincinnati real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Full

Cooling: Central Air

Days on Market: 5

Fireplaces: 0

Garage: 2

Heating: Forced Air

Lot Size: 0.21 Acres

Roof Type: Shingle

Stories: 2.0

Taxes: $2,942

Year Built: 1941

Feature Descriptions

Exterior: Brick

Fireplace Features: None

Foundation: Block

Gas: Natural

Parcel #: 231-0004-0051-00

Parking: Asphalt, Driveway

Sewer: Public Sewer

SQFT Basement: 1020

Total Buildings: 1

Units: 2

Water: Public

Window Features: Vinyl

Local Schools

School District: Cincinnati

Demographics

Hamilton County Demographic Information for 5595 Colerain, Cincinnati, OH 45239

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

$ 1,615.68 per month $1,296.13 Principal & Interest $245.17 Property Tax $74.38 Homeowner's Insurance

Change Payment Information

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5595 ColerainCincinnati, OH 45239