1498 West Spring Valley Paintersville Road

—
Beds
—
Baths
16,735 Sq. Ft.
$37 / Sq. Ft.
16,735
Sq. Ft.
$37
per Sq. Ft.

Description

We are pleased to present the fully remodeled Schoolhouse Apartments! This property consists of [12] 1BA/1BR & [4] Studio apartments. The landlord pays for electric, heat, water, and cable for all tenants. Over $132,000 in capital improvements have been spent on the property! New Roof, Updated Units, Updated Common Area, etc. Value add!We are pleased to present the fully remodeled Schoolhouse Apartments! This property consists of [12] 1BA/1BR & [4] Studio apartments. The landlord pays for electric, heat, water, and cable for all tenants. Over $132,000 in capital improvements have been spent on the property! New Roof, Updated Units, Updated Common Area, etc. Value add!
  1. Listed by Brian Coyle • Brokerage DRE #2020002170 • 3CRE Commercial Real Estate
    P: (203)-918-3944 brian@3cre.com
  2. Listed by Tryfon T Christoforou • 3CRE Commercial Real Estate
    P: (513)-490-6881 tryf@3cre.com

Property Details for 1498 West Spring Valley Paintersville Road

Zoning
Multi Family
Zoning Details
Multi Family
LISTING CLOSED: 11/17/2020 12:00 AM

Property Details for 1498 West Spring Valley Paintersville Road

StatusSold
MLS #1670297
Days on Market40
Pet Policy-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1953
CountyGreene County

Location

Listing Courtesy of 3CRE Commercial Real Estate

Sold By 3CRE Commercial Real Estate

Add your commute

Virtual Tour

Building Information for 1498 West Spring Valley Paintersville Road

Building/Complex1498 W Spring Valley Paintersville RdFloor-Stories-Residences16Pet Policy-Pet Policy Details-Year Built1953Building Size-

Payment Calculator

$3,065 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,065

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1498 West Spring Valley Paintersville Road

Summary
Location and General Information
  • MLS Area Major: Greene-E31
  • Area Short Name: E31
  • Directions: Take I-71 N to Exit 28, merge onto OH-48 N. Continue onto OH-48 BYP W. Turn [R] onto US-42 N. Turn [R] onto W Spring Valley Paintersville Rd.
  • FIPS Code: 57
Taxes and HOA
  • Has Association: No
  • Parcel Number: K28000100150004200
  • Semi Annual Taxes: Of Record
School Information
  • High School District: Xenia City SD
  • School Name 1: Call SD 937-376-2961
  • School Type 1: District Phone
Parking
  • Garage Spaces: 45.0
  • Open Parking Spaces: 45.0
  • Parking Features: Lot
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 3.094
  • Lot Size Dimensions: Of Record
  • Lot Size Square Feet: 134775.0
  • Lot Size Units: Acres
  • Miscellaneous: Coin Laundry, Cable TV
Property and Assessments
  • Living Area: 16735.0
  • 3rd Party Approval Required: No
  • Annual Assessmnt Amount: Of Record
  • Has Board Loaded: No
  • Degree Complete: Existing Structure
  • New Construction: No
  • Total Buildings: 1
  • Validated: Yes
  • Year Built: 1953
Building Features
  • Foundation Details: Poured
  • Levels: One
  • Structure Type: Apartment 5+
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick
Utilities
  • Gas: Natural
  • Gas and Electric: 11979.0
  • Sewer: Septic Tank
  • Waste Removal: $921.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Membrane
Interior Features
  • Appliance Include: Stove & Refrigerator
  • Basement: Full
  • Common Facilities: Rec Room
  • Cooling: Central Air
  • Heating: Gas, Electric
  • Separate Air Conditioner: No
  • Separate Air Conditioner: No
  • Separate Furnace: No
  • Separate Gas Electric: No
  • Separate Gas Electric: No
  • Window Features: Insulated, Vinyl
Multi Family
Multi Family Information
  • Number Of Units Total: 16
Income & Expenses
  • Gross Income: $107,954.00
  • Insurance Expense: $2,447.00
  • Maintenance Expense: $5,600.00
  • Net Operating Income: $56,034.00
  • New Taxes Expense: $8,598.00
  • Other Expense: $15,105.00
  • Water Sewer Expense: $7,270.00
Rental
Rent Information
  • 1 Bedroom Rent: $567.00
  • 1 Bedroom Sq Ft: 550
  • 1 Bedroom Units: 12
  • Efficiency Rent: $455.00
  • Efficiency Sq Ft: 450
  • Efficiency Units: 4
  • Heat Paid: Owner
  • Occupancy: At Closing
  • Water Paid: Owner
  • Has Lease Considered: No
  • Sub Lease: No

Property History for 1498 West Spring Valley Paintersville Road

DateEvent & SourcePriceAppreciation
Nov 17, 2020

Sold

MLS of Greater Cincinnati #1670297

$615,000—
Jul 26, 2020

Listed (Active)

MLS of Greater Cincinnati #1670297

$700,000—
Aug 23, 2019

Sold

MLS of Greater Cincinnati #1619041

$350,000—
DateEvent & SourcePrice
11/17/2020

Sold

MLS of Greater Cincinnati #1670297

$615,000
07/26/2020

Listed (Active)

MLS of Greater Cincinnati #1670297

$700,000
08/23/2019

Sold

MLS of Greater Cincinnati #1619041

$350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1498 West Spring Valley Paintersville Road

This home is within Xenia Community City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
McKinley Elementary School
PublicK to 5

Warner Middle School
Public6 to 8

Xenia High School
Public9 to 12

Arrowood Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby off-market homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 3CRE Commercial Real Estate

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc.. Those listings held by brokerage firms other than Compass and its related brokerages, are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Compass and its related brokerages, does not display the entire Cincinnati MLS Broker Reciprocity™ database on this web site. The listings of some real estate brokerage firms have been excluded. Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved