5206 Montgomery Road

Cincinnati, OH 45212

$575,000
Price
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Description

This offering consists of 9 studio units featuring a mix of market-rate and subsidized tenants. Four units havebeen fully renovated, while two units include partially subsidized rents, providing a balance of upside potential and stable, reliable income. Each unit is separately metered for electric and gas, allowing for efficient utility management and reduced owner expenses.This offering consists of 9 studio units featuring a mix of market-rate and subsidized tenants. Four units havebeen fully renovated, while two units include partially subsidized rents, providing a balance of upside potential and stable, reliable income. Each unit is separately metered for electric and gas, allowing for efficient utility management and reduced owner expenses.
  1. Listed by Tryfon T Christoforou • Brokerage DRE #2018001510 • 3CRE Residential Advisors, LLC
    P: (513)-490-6881 tryf@3cre.com

Amenities

  • Full Basement
  • Off-Street Parking
  • Radiant Heating
LISTING UPDATED: 02/24/2026 03:37 PM

Property Details for 5206 Montgomery Road

StatusActive
MLS #1869517
Days on Market9751
Pet Policy-
Taxes$8,016 / year
HOA Fees-
Condo/Co-op Fees$5,584 / month
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1941
CountyHamilton County
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Location

Listing Courtesy of 3CRE Residential Advisors, LLC
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Building Information for 5206 Montgomery Road

Building/Complex5206 Montgomery RdFloor-Stories-Residences9Pet Policy-Pet Policy Details-Year Built1941Building Size-

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$9,117 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,865

Property Taxes

$668

HOA Dues

$5,584

The Payment Calculator is for illustrative purposes only.

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Property Information for 5206 Montgomery Road

Summary
Location and General Information
  • MLS Area Major: Hamilton-E02
  • Area Short Name: E02
  • Directions: norwood exit - right on Montgomery road - property is on the left
  • FIPS Code: 61
  • Latitude: 39.169258
  • Longitude: -84.450867
Taxes and HOA
  • Has Association: No
  • Parcel Number: 651-0010-0059-00
  • Semi Annual Taxes: $4008
School Information
  • High School District: Norwood City SD
Parking
  • Garage: Built in
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features: Off Street, Onstreet
Property
Lot Information
  • Lot Size Acres: 0.183
  • Lot Size Square Feet: 7971.0
  • Lot Size Units: Acres
Property and Assessments
  • 3rd Party Approval Required: No
  • Annual Assessmnt Amount: of record
  • Has Board Loaded: No
  • New Construction: No
  • Total Buildings: 1
  • Validated: Yes
  • Year Built: 1941
Building Features
  • Foundation Details: Poured
  • Levels: Three+
  • Structure Type: Apartment 5+
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick
Utilities
  • Gas: At Street
  • Gas and Electric: 3338.0
  • Sewer: Public Sewer
  • Waste Removal: $437.00
  • Water Source: At Street
Interior and Exterior Features
Exterior Features
  • Roof: Membrane
Interior Features
  • Appliance Include: Stover, Refrigerator, Oven
  • Basement: Full
  • Cooling: Window Unit
  • Heating: Radiant
  • Separate Air Conditioner: No
  • Separate Air Conditioner: No
  • Separate Furnace: No
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Vinyl
Multi Family
Multi Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Gross Income: $83,184.00
  • Insurance Expense: $3,282.00
  • Maintenance Expense: $5,584.00
  • Net Operating Income: $46,220.00
  • New Taxes Expense: $8,017.00
  • Other Expense: $7,222.00
  • Water Sewer Expense: $5,400.00
Rental
Rent Information
  • Efficiency Rent: $770.00
  • Efficiency Units: 9
  • Heat Paid: Owner
  • Occupancy: Tenant Right
  • Vacancy: $4,159.00
  • Water Paid: Owner
  • Has Lease Considered: No
  • Lease Information: Year Leases, MTM Leases
  • Sub Lease: No

Property History for 5206 Montgomery Road

DateEvent & SourcePriceAppreciation
Feb 23, 2026

Listed (Active)

MLS of Greater Cincinnati #1869517

$575,000—
Sep 10, 2020

Sold (Public Record)

Public Record #680976333

$315,000

+18.4% / yr

Sep 9, 2020

Sold

MLS of Greater Cincinnati #1675680

$315,000—
DateEvent & SourcePrice
02/23/2026

Listed (Active)

MLS of Greater Cincinnati #1869517

$575,000
09/10/2020

Sold (Public Record)

Public Record #680976333

$315,000

+18.4% / yr

09/09/2020

Sold

MLS of Greater Cincinnati #1675680

$315,000

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

Public Records for 5206 Montgomery Road

Taxable ValueLand$23,020Additions$87,231Total$110,251
Tax Record2021$8,507 ($709 / month)
Home Facts
Total Finished SqFt4,070 SqFtAbove Grade Finished SqFt4,070 SqFtUnfinished Basement SqFt2,035 SqFtStories2Lot Size7,971 SqFtStyleMulti-Family Res (5+ Units)Year Built1941CountyHAMILTONAPN651-0010-0059-00

Schools near 5206 Montgomery Road

This home is within Norwood City School District.
Rating
School
Type
Grades
Distance
Norwood View Elementary School
Public - PK to 5
Norwood Middle School
Public - 6 to 8
Norwood High School
Public - 9 to 12
The Norwood Montessori School
Public - PK to 3
Rating
School
Distance
Norwood View Elementary School
PublicPK to 5

Norwood Middle School
Public6 to 8

Norwood High School
Public9 to 12

The Norwood Montessori School
PublicPK to 3

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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More information about 5206 Montgomery Road, Cincinnati, OH 45212

5206 Montgomery Road is a multi-family home for sale in Cincinnati, OH 45212. This property was listed for sale on February 23, 2026 by 3CRE Residential Advisors, LLC, it's currently listed at $575,000. It has been on the market for a total of 9751 days and was last sold on September 10, 2020. This listing's school district is Norwood City School District. Nearby schools include Norwood View Elementary School, Norwood Middle School and Norwood High School. 5206 Montgomery Road is a 0-bed, 0-bath, multi-family home built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 3CRE Residential Advisors, LLC

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