7049 Montgomery Road

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Description

Turn-key standalone commercial building with 7 apartments and 2 retail storefronts located in the growing business district of Silverton, 1.5 miles from Kenwood Mall and I-71. Strong investment opportunity with long-term solid rental income. All units are fully leased with value-add potential for rent increases. 3- 1 bed, 3- 2 bed, 1- 3bed apartments, and 2 retail storefronts, and a full basement with coin laundry. Each unit is separately metered for gas and electricity. The roof was just hot tar...Turn-key standalone commercial building with 7 apartments and 2 retail storefronts located in the growing business district of Silverton, 1.5 miles from Kenwood Mall and I-71. Strong investment opportunity with long-term solid rental income. All units are fully leased with value-add potential for rent increases. 3- 1 bed, 3- 2 bed, 1- 3bed apartments, and 2 retail storefronts, and a full basement with coin laundry. Each unit is separately metered for gas and electricity. The roof was just hot tar sealed, all windows caulked and sealed, and new flooring in common areas. 13 parking spaces with off-street parking as well. The public bus stop is across the street with a crosswalk to the building. Property is currently rented at $111,000 yr.
  1. Listed by Andrew D Willoughby • Brokerage DRE #2018002621 • eXp Realty
    P: (937)-470-8195 Andywilloughby2010@gmail.com

Property Details for 7049 Montgomery Road

View
City
Zoning
Commercial
Zoning Details
Commercial
LISTING UPDATED: 04/21/2026 04:17 PM

Property Details for 7049 Montgomery Road

StatusActive
MLS #1875802
Days on Market9697
Pet Policy-
Taxes$19,260 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1900
CountyHamilton County

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 7049 Montgomery Road

Building/Complex7049 Montgomery RdFloor-Stories-Residences9Pet Policy-Pet Policy Details-Year Built1900Building Size-

Payment Calculator

$6,837 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,232

Property Taxes

$1,605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7049 Montgomery Road

Summary
Location and General Information
  • MLS Area Major: Hamilton-E05
  • Area Short Name: E05
  • Directions: I-71 to Montgomery Rd.
  • FIPS Code: 61
  • Latitude: 39.192451
  • Longitude: -84.403779
Taxes and HOA
  • Has Association: No
  • Parcel Number: 602-0001-0340-00
  • Semi Annual Taxes: $9630
School Information
  • High School District: Cincinnati City SD
Parking
  • Open Parking Spaces: 13.0
  • Parking Features: Asphalt, Lot, Onstreet
Property
Lot Information
  • Lot Size Units: Acres
  • Miscellaneous: Coin Laundry
Property and Assessments
  • 3rd Party Approval Required: No
  • Annual Assessmnt Amount: of record
  • Has Board Loaded: No
  • New Construction: No
  • Total Buildings: 2
  • Validated: Yes
  • Year Built: 1900
Building Features
  • Foundation Details: Stone
  • Levels: Three+
  • Structure Type: Apartment 5+
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick
Utilities
  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Other Features: Busline Near
  • Roof: Shingle, Membrane
Interior Features
  • Appliance Include: All apartment appliances included
  • Basement: Full
  • Cooling: Central Air
  • Fireplace Features: Inoperable
  • 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: 9
Income & Expenses
  • Gross Income: $110,880.00
  • New Taxes Expense: $19,260.00
Rental
Rent Information
  • 1 Bedroom Rent: $925.00
  • 1 Bedroom Units: 3
  • 2 Bedroom Rent: $1,050.00
  • 2 Bedroom Units: 3
  • 3 Bedroom Rent: $1,250.00
  • 3 Bedroom Units: 1
  • Heat Paid: Tenant
  • Occupancy: At Closing
  • Water Paid: Owner
  • Has Lease Considered: No
  • Sub Lease: No

Property History for 7049 Montgomery Road

DateEvent & SourcePriceAppreciation
Apr 17, 2026

Listed (Active)

MLS of Greater Cincinnati #1875802

$1,050,000—
Feb 8, 2023

Sold

MLS of Greater Cincinnati #1762515

$650,000—
Jan 20, 2023

Listed (Active)

MLS of Greater Cincinnati #1762515

$700,000—
DateEvent & SourcePrice
04/17/2026

Listed (Active)

MLS of Greater Cincinnati #1875802

$1,050,000
02/08/2023

Sold

MLS of Greater Cincinnati #1762515

$650,000
01/20/2023

Listed (Active)

MLS of Greater Cincinnati #1762515

$700,000

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

Schools near 7049 Montgomery Road

This home is within Cincinnati Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 5 to 12
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Silverton Paideia Elementary School
PublicPK to 6

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

7049 Montgomery Road is a multi-family home for sale in Silverton, OH 45236. This property was listed for sale on April 17, 2026 by eXp Realty, it's currently listed at $1,050,000. It has been on the market for a total of 9697 days and was last sold on February 8, 2023. This listing's school district is Cincinnati Public Schools. Nearby schools include Silverton Paideia Elementary School, Gilbert A. Dater High School and Woodward Career Technical High School. 7049 Montgomery Road is a 0-bed, 0-bath, multi-family home built in 1900.

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 eXp Realty

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