Sold
Last Sold Price
1,788 sqft$201/sqft
4740 Gray Road, Cincinnati, OH 45232
Multi FamilyProperty Type
1.03 acresLot Size
1970Year Built
$201/sq ftPrice per sq ft

Description

Super opportunity @ a 9.9% cap rate! Well managed and maintained 2 family and 12 unit bldg in attractive wooded setting w/easy access to hways. Patios/decks open to owned wooded area. Very low vacancy history due to the livability here.Super opportunity @ a 9.9% cap rate! Well managed and maintained 2 family and 12 unit bldg in attractive wooded setting w/easy access to hways. Patios/decks open to owned wooded area. Very low vacancy history due to the livability here.
  • Listed by: Galen E Mills 513.368.2568 gemills3@gmail.com Brokerage DRE #0019046766 • Sibcy Cline, Inc.
  • Listed by: Paul F Rochon • Sibcy Cline, Inc.
Listing closed: 12/19/2003 12:00 AM • Source: MLS of Greater Cincinnati, MLS#: 838627

Recent comparable sales

Median sold price

$357,000

Avg days on market

48

Sale-to-list ratio

89.1%

Cincinnati, OH

9 comparable properties found

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Location

Listing Courtesy of Sibcy Cline, Inc.

Sold By Britton & Assoc.

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Payment Calculator

$2,369 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,830

Property Taxes

$539

HOA Dues

$0

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Property Information for 4740 Gray Road

Property Details
  • Taxes: $6,466 / year
  • MLS Type: Residential Income / Apartment
  • View: Woods
  • Zoning: Multi Family
  • Zoning Details: Multi Family
Building Information
  • Building/Complex: 4740 Gray Rd
  • Residences: 14
  • Year Built: 1970
Summary
Location and General Information
  • MLS Area Major: Hamilton-W06
  • Area Short Name: W06
  • Cross Street: Winton
  • Directions: N. on Winton Road to left on Gray
  • FIPS Code: 61
  • Census Tract: 81.0
  • Public Transportation: bus line
Taxes and HOA
  • Has Association: No
  • Other Tax Parcel ID: 2190050001600
  • Parcel Number: 219-0050-0016-00
  • Semi Annual Taxes: 3232.92
  • Tax Rate: of record
School Information
  • High School District: Cincinnati City SD
  • School Name 1: Call SD 513-363-0000
  • School Type 1: District Phone
Parking
  • Parking Features: Lot
Property
Lot Information
  • Lot Area: 8407.0
  • Lot Size Acres: 1.03
  • Lot Size Dimensions: -
  • Lot Size Square Feet: 44867.0
  • Lot Size Units: Acres
  • Miscellaneous: Cable TV
  • 2nd Floor Area: 894
Property and Assessments
  • Living Area: 1788.0
  • 3rd Party Approval Required: No
  • Annual Assessmnt Amount: of record
  • Has Board Loaded: No
  • Degree Complete: Existing Structure
  • New Construction: No
  • Total Buildings: 2
  • Validated: Yes
  • Year Built: 1970
Building Features
  • Foundation Details: Poured
  • Levels: Two
  • Structure Type: Apartment 5+
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick
Utilities
  • Gas: Natural
  • Gas and Electric: 7500.0
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Patio, Balcony
  • Other Features: Wooded Lot
  • Roof: Shingle
Interior Features
  • Appliance Include: 14 stoves, refrigs & a/c wind/wall units
  • Basement: Partial
  • Basement Sq Ft: 894
  • Cooling: Window Unit, Wall Unit
  • Heating: Gas, Hot Water
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: No
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Aluminum
Multi Family
Multi Family Information
  • Number Of Units Total: 14
Income & Expenses
  • Gross Income: $72,366.00
  • Insurance Expense: $1,532.00
  • Maintenance Expense: $7,094.00
  • Net Operating Income: $39,783.00
  • New Taxes Expense: $6,465.00
  • Other Expense: $236.00
  • Water Sewer Expense: $3,360.00
Rental
Rent Information
  • 1 Bedroom Rent: $375.00
  • 1 Bedroom Sq Ft: 550
  • 1 Bedroom Units: 12
  • 2 Bedroom Rent: $612.00
  • 2 Bedroom Sq Ft: 675
  • 2 Bedroom Units: 2
  • Heat Paid: Owner
  • Occupancy: Tenant Right
  • Vacancy: $6,396.00
  • Water Paid: Owner
  • Has Lease Considered: No
  • Lease Information: rent roll, P&L other info available
  • Occupant Name: Gray Road LLC
  • Sub Lease: No

Property History for 4740 Gray Road

DateEvent & SourcePriceAppreciation
Dec 19, 2003

Sold

MLS of Greater Cincinnati #838627

$360,000
May 28, 2003

Listed (Active)

MLS of Greater Cincinnati #838627

$399,000
DateEvent & SourcePrice
12/19/2003

Sold

MLS of Greater Cincinnati #838627

$360,000
05/28/2003

Listed (Active)

MLS of Greater Cincinnati #838627

$399,000

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

Public Records for 4740 Gray Road

Taxable ValueLand$7,924Additions$39,239Total$47,163
Tax Record2025$2,999 ($250 / month)
Home Facts
Baths2Total Finished SqFt1,788 SqFtAbove Grade Finished SqFt1,788 SqFtStories2Lot Size8,407 SqFtStyleMulti-Family Dwelling (2-4)Year Built1906Year Renovated1906ZoningRM20CountyHAMILTONAPN219-0050-0016-00

Schools near 4740 Gray Road

This home is within Cincinnati Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 5 to 12
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Clifton Area Neighborhood School
PublicPK to 8

Gilbert A. Dater High School
Public5 to 12

Woodward Career Technical High School
Public7 to 12

Hughes STEM High School
Public7 to 12

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4740 Gray Road, Cincinnati, OH 45232
$360,000
1,788
44,867
3,750
36,111
$77,000
4
2,856
10,890
$50,000
2
828
0
$117,500
3
1,294
0
2
1
1,075
6,142

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 Sibcy Cline, Inc.

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