497 Old Boston Road

Sold 2/6/25

Last Sold Price

$1,225,000

19,260 sqft$64/sqft

497 Old Boston Road, Batavia, OH 45103

Description

Fully occupied multifamily investment opportunity in excellent rental market. Twenty, 2 bedroom apartment units (~750 sqft) in two buildings situated on 1.25 acres. Tenants pay for heat and electric (separately metered). Ample parking onsite w/room for expansion. Onsite pay laundry is managed by 3rd party vendor (Jets). Storage lockers available for each unit. Located 0.5 miles from St Rt 32 and downtown Batavia making it walkable/rideable to shops/dining etc. Short drive to Eastgate shopping district...Fully occupied multifamily investment opportunity in excellent rental market. Twenty, 2 bedroom apartment units (~750 sqft) in two buildings situated on 1.25 acres. Tenants pay for heat and electric (separately metered). Ample parking onsite w/room for expansion. Onsite pay laundry is managed by 3rd party vendor (Jets). Storage lockers available for each unit. Located 0.5 miles from St Rt 32 and downtown Batavia making it walkable/rideable to shops/dining etc. Short drive to Eastgate shopping district (6.5 miles). Average rents are well below current market rents, coupled with quickly growing demographics and new Purina factorty makes for compelling upside. Current NOI is $120,000+. No owner financing available. 100% occupancy.

LISTING CLOSED: 02/06/2025 12:00 AM

Listed by Jon A DeCurtins • Brokerage DRE #2014002811 • ERA REAL Solutions Realty, LLC
P: (513) 600-7231 jonadecurtins@gmail.com
Listed by John B Trautmann • J.A. Trautmann Realty, Inc., W

Property Details for 497 Old Boston Road

Status

Sold

MLS #

1822853

Days on Market

Pet Policy

Taxes

$14,508 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Residential Income / Apartment

Year Built

1970

County

Clermont County

Zoning

Multi Family, Commercial

Zoning Details

Multi Family, Commercial

Recent comparable sales

Median sold price

$155,000

Avg days on market

Sale-to-list ratio

102.1%

1/60

$240,000

Sold 04/14/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,957
Square Feet: 0.23
Acres

217 North Street, Batavia, OH 45103

1/2

$165,000

Sold 04/28/25

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 56.99
Acres

14.2-ac 14.2-ac Mount, Batavia, OH 45103

1/2

$155,000

Sold 03/10/25

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 37.69
Acres

13.3-ac 13.3-ac Mount, Batavia, OH 45103

1/5

$20,000

Sold 05/14/26

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.20
Acres

B East Main Street, Batavia, OH 45103

1/7

$25,000

Sold 07/02/26

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: Unavailable
Acres

211 West Glen Avenue, Batavia, OH 45103

1/2

$41,500

Sold 05/04/26

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 5.17
Acres

3 Old Street, Batavia, OH 45103

1/8

$19,000

Sold 01/28/25

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.45
Acres

0 Ely Street, Batavia, OH 45103

$1,350,000

Sold 10/01/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 7,200
Square Feet: 2.77
Acres

601 West Main Street, Batavia, OH 45103

1/2

$220,000

Sold 07/31/25

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 3.89
Acres

4404 Hartman Lane, Batavia, OH 45103

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Location

Homepage
OH
Clermont County
45103
497 Old Boston Road

Listing Courtesy of ERA REAL Solutions Realty, LLC; J.A. Trautmann Realty, Inc., W

Sold By NonMember Firm (NONMEM)

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Building Information for 497 Old Boston Road

Building/Complex497 Old Boston RdFloor-Stories-Residences20Pet Policy-Pet Policy Details-Year Built1970Building Size-

Payment Calculator

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$7,436 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,227

Property Taxes

$1,209

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 497 Old Boston Road

Summary

Location and General Information

MLS Area Major: Clermont-C01
Area Short Name: C01

Directions: SR 32 to Riverside Dr, head south, left on Diana Ave, Right on East Charles and then right on Old Boston.
FIPS Code: 25
Township: Batavia Twp

Taxes and HOA

Has Association: No
Parcel Number: 060226.043.

Semi Annual Taxes: $7254

School Information

High School District: Batavia Local SD

Parking

Garage Spaces: 40.0
Open Parking Spaces: 40.0

Parking Features: Asphalt

Property

Lot Information

Lot Size Acres: 1.25
Lot Size Square Feet: 54450.0

Lot Size Units: Acres
Miscellaneous: Coin Laundry

Property and Assessments

Living Area: 19260.0
3rd Party Approval Required: No

Annual Assessmnt Amount: of record
Has Board Loaded: No
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 and Electric: 3213.0
Sewer: Public Sewer

Waste Removal: $2,736.00
Water Source: Public

Interior and Exterior Features

Exterior Features

Exterior Features: Balcony
Roof: Shingle, Membrane

Interior Features

Appliance Include: All appliances included in units.
Cooling: Central Air

Heating: Electric, Forced Air
Interior Features: Storage Area
Separate Air Conditioner: Yes
Separate Air Conditioner: Yes
Separate Furnace: Yes
Separate Gas Electric: Yes
Separate Gas Electric: Yes
Window Features: Aluminum, Vinyl

Multi Family

Multi Family Information

Number Of Units Total: 20

Income & Expenses

Gross Income: $164,180.00
Insurance Expense: $4,403.00

Maintenance Expense: $1,500.00
Net Operating Income: $120,202.00
New Taxes Expense: $14,509.00
Other Expense: $2,547.00
Water Sewer Expense: $8,796.00

Rental

Rent Information

2 Bedroom Rent: $700.00
2 Bedroom Units: 20

Heat Paid: Tenant
Occupancy: Negotiable
Water Paid: Owner
Has Lease Considered: No
Sub Lease: No

Property History for 497 Old Boston Road

Date	Event & Source	Price	Appreciation
Feb 6, 2025	Sold MLS of Greater Cincinnati #1822853	$1,225,000	—
Oct 28, 2024	Listed (Active) MLS of Greater Cincinnati #1822853	$1,390,000	—

Date	Event & Source	Price
02/06/2025	Sold MLS of Greater Cincinnati #1822853	$1,225,000
10/28/2024	Listed (Active) MLS of Greater Cincinnati #1822853	$1,390,000

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

Public Records for 497 Old Boston Road

Taxable ValueLand$31,500Additions$156,490Total$187,990

Tax Record2025$12,612 ($1,051 / month)

Home Facts

Baths1Total Finished SqFt9,630 SqFtAbove Grade Finished SqFt9,630 SqFtStories2Lot Size54,014 SqFtStyleMulti-Family Res (5+ Units)Year Built1970CountyCLERMONTAPN06-02-26.-043

Schools near 497 Old Boston Road

This home is within Batavia Local School District.


Rating	School	Type	Grades	Distance
7/10	Batavia Elementary School	Public - Serves this home	PK to 5	0.6 mi
7/10	Batavia Middle School	Public - Serves this home	6 to 8	0.9 mi
7/10	Batavia High School	Public - Serves this home	9 to 12	2.6 mi


Rating	School	Distance
7/10	Batavia Elementary School PublicPK to 5 Serves this home	0.6 mi
7/10	Batavia Middle School Public6 to 8 Serves this home	0.9 mi
7/10	Batavia High School Public9 to 12 Serves this home	2.6 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 497 Old Boston Road, Batavia, OH 45103	$1,225,000	–	–	19,260	54,450
475 Old Boston Road, Batavia, OH 45103	–	–	1	2,800	19,994
500 Old Boston Road, Batavia, OH 45103	–	–	4	3,696	25,265
460 Old Boston Road, Batavia, OH 45103	$160,000	3	3	1,932	33,541
260 Edith Avenue, Batavia, OH 45103	–	3	1	1,084	10,219
403 Woodside Drive, Batavia, OH 45103	–	3	3	1,740	15,987
250 Edith Avenue, Batavia, OH 45103	$153,000	3	1	1,350	10,237
403 R Woodside Drive, Batavia, OH 45103	–	4	2.5	1,824	38,768
230 Edith Avenue, Batavia, OH 45103	$160,900	2	1	992	12,807
500 Diana Avenue, Batavia, OH 45103	$132,000	3	1	1,530	17,424
520 Diana Avenue, Batavia, OH 45103	$219,000	3	1	1,053	13,242
401 Woodside Drive, Batavia, OH 45103	$220,000	4	3	2,184	13,939
480 Diana Avenue, Batavia, OH 45103	$85,900	3	1	988	13,939
255 Edith Avenue, Batavia, OH 45103	$123,500	3	2	1,465	10,454
560 Diana Avenue, Batavia, OH 45103	$83,500	3	2	2,284	14,810
245 Edith Avenue, Batavia, OH 45103	$139,000	3	2	1,520	0

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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 ERA REAL Solutions Realty, LLC; J.A. Trautmann Realty, Inc., W

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

Batavia, OH

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