5421 Lester Road

Cincinnati, OH 45213

$882,000
Last Sold Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 10/24/18
Sold 10/24/18

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.
  1. Listed by Daniel Molina • Brokerage DRE #2016003825 • Molina Real Estate Services
    P: (513)-293-7737 dmolina207@gmail.com
  2. Listed by Maria G Molina • Molina Real Estate Services

Property Details for 5421 Lester Road

Zoning
Multi Family
Zoning Details
Multi Family
LISTING CLOSED: 10/24/2018 12:00 AM

Property Details for 5421 Lester Road

StatusSold
MLS #1591791
Days on Market7
Pet Policy-
Taxes$5,798 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1964
CountyHamilton County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Molina Real Estate Services

Sold By Keller Williams Advisors

Add your commute

Building Information for 5421 Lester Road

Building/Complex5421 Lester RdFloor-Stories-Residences22Pet Policy-Pet Policy Details-Year Built1964Building Size-

Payment Calculator

Get preapproved with Rocket Mortgage1

$4,966 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,483

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

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 for 5421 Lester Road

Taxable ValueLand$40,929Additions$200,449Total$241,378
Tax Record2025$20,689 ($1,724 / month)
Home Facts
Total Finished SqFt20,460 SqFtAbove Grade Finished SqFt20,460 SqFtStories2Lot Size32,757 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountyHAMILTONAPN121-0002-0057-00

Schools near 5421 Lester Road

This home is within Cincinnati Public Schools.
Rating
School
Type
Grades
Distance
Pleasant Ridge Montessori School
Public - PK to 7
Gilbert A. Dater High School
Public - 5 to 12
Woodward Career Technical High School
Public - 7 to 12
Clark Montessori High School
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

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
5429 Lester Road, Cincinnati, OH 45213
$710,000
–
–
–
10,193
5411 Lester Road, Cincinnati, OH 45213
$272,900
4
1,184
14,985
5449 Lester Road, Cincinnati, OH 45213
$152,600
6
4
–
0
5409 Lester Road, Cincinnati, OH 45213
$116,000
2
1,250
0
5428 Lester Road, Cincinnati, OH 45213
$265,000
2
1,164
10,629

Explore Nearby Homes

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