Sold
Last Sold Price
5 beds3 baths2,949 sqft
502 Riddle Road, Cincinnati, OH 45220
Multi FamilyProperty Type
0.13 acresLot Size
1908Year Built
$161/sq ftPrice per sq ft

Description

Located steps from campus, this fully leased multifamily property combines convenience, comfort, and strong investment performance. Designed for today's students, each unit offers spacious living areas, updated interiors, and easy access to local amenities. A rare opportunity to own a high-demand student housing asset in one of the area's most sought-after rental corridors.Located steps from campus, this fully leased multifamily property combines convenience, comfort, and strong investment performance. Designed for today's students, each unit offers spacious living areas, updated interiors, and easy access to local amenities. A rare opportunity to own a high-demand student housing asset in one of the area's most sought-after rental corridors.
Listing closed: 12/29/2025 12:00 AM • Source: MLS of Greater Cincinnati, MLS#: 1855651

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Location

Listing Courtesy of Comey & Shepherd; TREO REALTORS

Sold By OwnerLand Realty, Inc.

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Payment Calculator

$3,042 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,536

Property Taxes

$506

HOA Dues

$0

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Property Information for 502 Riddle Road

Property Details
  • Taxes: $6,072 / year
  • MLS Type: Residential Income / Multi Fam 2-4 units
  • Zoning: Multi Family
  • Zoning Details: Multi Family
Building Information
  • Residences: 3
  • Year Built: 1908
  • Lot Size: 0.13 AC / 5,706 SF
Summary
Location and General Information
  • MLS Area Major: Hamilton-E01
  • Area Short Name: E01
  • Directions: MLK to Riddle
  • FIPS Code: 61
  • Township: Cincinnati City
  • Census Tract: 29.02
Taxes and HOA
  • Has Association: No
  • Parcel Number: 101-0004-0057-00
  • Semi Annual Taxes: $3036
School Information
  • High School District: Cincinnati City SD
Parking
  • Parking Features: Onstreet
Property
Lot Information
  • Lot Area: 5706.0
  • Lot Size Acres: 0.131
  • Lot Size Dimensions: 40 x 140
  • Lot Size Square Feet: 5706.0
  • Lot Size Units: Acres
  • Miscellaneous: Cable TV, Smoke Alarm
  • 2nd Floor Area: 1189
Property and Assessments
  • Living Area: 2949.0
  • 3rd Party Approval Required: No
  • Annual Assessmnt Amount: $12.40
  • Has Board Loaded: No
  • New Construction: No
  • Total Buildings: 1
  • Validated: Yes
  • Year Built: 1908
Building Features
  • Foundation Details: Stone
  • Levels: Three+
  • Structure Type: Triplex
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick
Utilities
  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Roof: Shingle
Interior Features
  • Basement: Full
  • Basement Sq Ft: 1189
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: Yes
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Vinyl
Multi Family
Multi Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $54,012.00
  • Insurance Expense: $1,996.00
  • Maintenance Expense: $352.00
  • Net Operating Income: $42,843.00
  • New Taxes Expense: $6,073.00
  • Water Sewer Expense: $2,749.00
Unit Information
Unit 1
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $1,545.00
  • Rooms Total: 4
Unit 2
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $1,845.00
  • Rooms Total: 4
Unit 3
  • Beds Total: 1
  • Full Baths: 1
  • Rent: $1,110.00
  • Rooms Total: 4
Rental
Rent Information
  • 1 Bedroom Rent: $1,110.00
  • 1 Bedroom Sq Ft: 812
  • 1 Bedroom Units: 1
  • 2 Bedroom Rent: $1,695.00
  • 2 Bedroom Sq Ft: 853
  • 2 Bedroom Units: 2
  • Heat Paid: Tenant
  • Occupancy: Tenant Right
  • Water Paid: Owner
  • Has Lease Considered: No
  • Sub Lease: No

Property History for 502 Riddle Road

DateEvent & SourcePriceAppreciation
Dec 29, 2025

Sold (Public Record)

Public Record #1928330342

$475,000

+5.9% / yr

Dec 29, 2025

Sold

MLS of Greater Cincinnati #1855651

$475,000—
Sep 18, 2025

Listed (Active)

MLS of Greater Cincinnati #1855651

$560,000—
DateEvent & SourcePrice
12/29/2025

Sold (Public Record)

Public Record #1928330342

$475,000

+5.9% / yr

12/29/2025

Sold

MLS of Greater Cincinnati #1855651

$475,000
09/18/2025

Listed (Active)

MLS of Greater Cincinnati #1855651

$560,000

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

Public Records for 502 Riddle Road

Taxable ValueLand$13,580Additions$82,338Total$95,918
Tax Record2025$6,081 ($507 / month)
Home Facts
Baths3.5Total Finished SqFt2,949 SqFtAbove Grade Finished SqFt2,949 SqFtStories2Lot Size5,706 SqFtStyleTriplexYear Built1908CountyHAMILTONAPN101-0004-0057-00

Schools near 502 Riddle 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

Walnut Hills 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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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 Comey & Shepherd; TREO REALTORS

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