Sold
Last Sold Price

5421 Lester Road, Cincinnati, OH 45213

Multi FamilyProperty Type
0.75 acresLot Size
1964Year Built
26 carsParking Spaces

Description

Building refurbish in 2011 Building. It consist of 22 townhouses, 14-2 BR and 8-3 Br... Rare a bldg come with so many 3 bedrooms. The building has been a cash cow for the owner. Last year generated a gross revenue of $194,835 on 7% vacancy. Could generate a great deal of revenue by the right owner.Building refurbish in 2011 Building. It consist of 22 townhouses, 14-2 BR and 8-3 Br... Rare a bldg come with so many 3 bedrooms. The building has been a cash cow for the owner. Last year generated a gross revenue of $194,835 on 7% vacancy. Could generate a great deal of revenue by the right owner.
  • Listed by: Daniel Molina 513.293.7737 dmolina207@gmail.com Brokerage DRE #2016003825 • Molina Real Estate Services
  • Listed by: Maria G Molina • Molina Real Estate Services
Listing closed: 10/24/2018 12:00 AM • Source: MLS of Greater Cincinnati, MLS#: 1591791
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$720,000

Avg days on market

24

Sale-to-list ratio

120.0%

Cincinnati, OH

9 comparable properties found

$950,000 | 4720 Ridge Avenue, Cincinnati, OH 45209
1/15
1

$950,000

Sold 03/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
6,102
Square Feet
0.21
Acres
$720,000 | 5824 Ridge Avenue, Cincinnati, OH 45213
1/18
2

$720,000

Sold 11/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
$710,000 | 5429 Lester Road, Cincinnati, OH 45213
1/33
3

$710,000

Sold 12/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
$860,000 | 1636 Summit Road, Cincinnati, OH 45237
1/20
4

$860,000

Sold 02/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.46
Acres
$514,360 | 2537 Lysle Lane, Cincinnati, OH 45212
1/32
5

$514,360

Sold 04/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.20
Acres
$4,532,110 | 5500 Glengate Lane, Cincinnati, OH 45212
1/42
6

$4,532,110

Sold 10/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
66,400
Square Feet
5.63
Acres
$500,000 | 6655 Montgomery Road, Cincinnati, OH 45213
1/22
7

$500,000

Sold 10/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
$525,000 | 4843 Reading Road, Cincinnati, OH 45237
1/48
8

$525,000

Sold 07/14/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,728
Square Feet
0.17
Acres
$792,000 | 3553 Van Antwerp Place, Cincinnati, OH 45229
1/26
9

$792,000

Sold 03/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.35
Acres

Location

Listing Courtesy of Molina Real Estate Services

Sold By Keller Williams Advisors

Add your commute
Payment Calculator

$5,192 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,709

Property Taxes

$483

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 5421 Lester Road

Property Details

  • Taxes: $5,798 / year
  • MLS Type: Residential Income / Apartment
  • Zoning: Multi Family
  • Zoning Details: Multi Family

Building Information

  • Building/Complex: 5421 Lester Rd
  • Residences: 22
  • Year Built: 1964

Summary

Location and General Information
  • MLS Area Major: Hamilton-E05
  • Area Short Name: E05
  • Cross Street: Montgomery
  • Directions: Montgomery then S. on Lester.
  • FIPS Code: 61
  • Latitude: 39.172394
  • Longitude: -84.433144
Taxes and HOA
  • Has Association: No
  • Parcel Number: 1210002005700
  • Semi Annual Taxes: 2899.21
School Information
  • High School District: Cincinnati City SD
  • School Name 1: Call SD 513-363-0000
  • School Type 1: District Phone
Parking
  • Open Parking Spaces: 26.0
  • Parking Features: Lot

Property

Lot Information
  • Lot Size Acres: 0.75
  • Lot Size Dimensions: 110 x 300
  • Lot Size Square Feet: 32670.0
  • Lot Size Units: Acres
  • Miscellaneous: Coin Laundry, Individual Laundry, Mgt on Premises, Smoke Alarm
Property and Assessments
  • 3rd Party Approval Required: No
  • Annual Assessmnt Amount: 21.52
  • Has Board Loaded: No
  • Degree Complete: Existing Structure
  • New Construction: No
  • Total Buildings: 1
  • Validated: Yes
  • Year Built: 1964
Building Features
  • Foundation Details: Slab
  • Levels: Two
  • Structure Type: Apartment 5+
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick, Wood Siding
Utilities
  • Gas: Natural
  • Gas and Electric: 9848.0
  • Sewer: Public Sewer
  • Waste Removal: $3,058.00
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Other Features: Busline Near
  • Roof: Membrane
Interior Features
  • Basement: Partial
  • Cooling: Window Unit
  • Heating: Gas
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: No
  • Window Features: Vinyl

Multi Family

Multi Family Information
  • Number Of Units Total: 22
Income & Expenses
  • Gross Income: $194,835.00
  • Insurance Expense: $6,695.00
  • Maintenance Expense: $24,000.00
  • Net Operating Income: $69,433.00
  • New Taxes Expense: $5,841.00
  • Other Expense: $43,646.00
  • Water Sewer Expense: $16,077.00

Rental

Rent Information
  • 2 Bedroom Rent: $750.00
  • 2 Bedroom Units: 14
  • 3 Bedroom Rent: $850.00
  • 3 Bedroom Units: 8
  • Heat Paid: Owner
  • Occupancy: At Closing
  • Vacancy: $13,965.00
  • Water Paid: Owner
  • Has Lease Considered: No
  • Sub Lease: No

Property History for 5421 Lester Road

DateEvent & SourcePriceAppreciation
Oct 24, 2018

Sold

MLS of Greater Cincinnati #1591791

$882,000—
Aug 9, 2018

Listed (Active)

MLS of Greater Cincinnati #1591791

$750,000—
Nov 12, 2010

Sold (Public Record)

Public Record #317364114

$220,000—
DateEvent & SourcePrice
10/24/2018

Sold

MLS of Greater Cincinnati #1591791

$882,000
08/09/2018

Listed (Active)

MLS of Greater Cincinnati #1591791

$750,000
11/12/2010

Sold (Public Record)

Public Record #317364114

$220,000

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

Public records

5421 Lester Road

Total Finished SqFt

20,460 SqFt

Above Grade Finished SqFt

20,460 SqFt

Stories

2

Lot Size

32,757 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1964

Schools near 5421 Lester Road

This home is within Cincinnati Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 7
Public - 5 to 12
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Pleasant Ridge Montessori School
PublicPK to 7

Gilbert A. Dater High School
Public5 to 12

Woodward Career Technical High School
Public7 to 12

Clark Montessori 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.

Similar Homes

New listings in 45213

$395,000 | 6422 Welton Street, Cincinnati, OH 45213
1/44
Listed By Coldwell Banker Realty

$395,000

3
Bedrooms
1,468
Square Feet
0.16
Acres
$425,000 | 3647 Woodford Road, Cincinnati, OH 45213
1/35
Listed By Coldwell Banker Realty

$425,000

3
Bedrooms
1,920
Square Feet
0.27
Acres
$445,000 | 3628 Solar Vista Place, Cincinnati, OH 45213
1/53
Listed By Coldwell Banker Realty

$445,000

3
Bedrooms
2,103
Square Feet
0.22
Acres
$399,900 | 3108 Beaver Avenue, Cincinnati, OH 45213
1/38

$399,900

3
Bedrooms
1,770
Square Feet
0.16
Acres
$349,900 | 6619 Ravenal Court, Cincinnati, OH 45213
1/29

$349,900

5
Bedrooms
1,854
Square Feet
0.14
Acres
$375,000 | 6514 Tyne Avenue, Cincinnati, OH 45213
1/39
Listed By Coldwell Banker Realty

$375,000

3
Bedrooms
1,512
Square Feet
0.23
Acres
$180,000 | 2914 Cortelyou Place, Cincinnati, OH 45213
1/38

$180,000

2
Bedrooms
1,110
Square Feet
0.19
Acres
$249,900 | 5866 Kennedy Avenue, Cincinnati, OH 45213
1/14

$249,900

4
Bedrooms
2,022
Square Feet
0.16
Acres
$395,000 | 6216 Rogers Park Place, Cincinnati, OH 45213
1/49

$395,000

3
Bedrooms
2,099
Square Feet
0.17
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5421 Lester Road, Cincinnati, OH 45213
$882,000
–
–
–
32,670
$710,000
–
–
–
10,193
$272,900
4
1,184
14,985
$152,600
6
4
–
0
$116,000
2
1,250
0
$265,000
2
1,164
10,629

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 Molina Real Estate Services

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