7300 Shawnee Run Road

Madeira, OH 45243

$812,000
Last Sold Price
8
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Sold 3/19/25
Sold 3/19/25

Description

This turnkey fourplex brings in nearly $7,000 per month. One of only a handful of apartments in the desirable city of Madeira, it commands strong rental demand and an excellent tenant base. Units feature granite countertops, hardwood floors, walk-in closets, and updated bathrooms. Recent updates include a new roof (2024), new gutters w/ gutter guards (2024), a new deck and stain w/ lifetime warranty (2024), a new water heater (2023), and all new electrical panels (2023). All units are 2 bed / 1 bath...This turnkey fourplex brings in nearly $7,000 per month. One of only a handful of apartments in the desirable city of Madeira, it commands strong rental demand and an excellent tenant base. Units feature granite countertops, hardwood floors, walk-in closets, and updated bathrooms. Recent updates include a new roof (2024), new gutters w/ gutter guards (2024), a new deck and stain w/ lifetime warranty (2024), a new water heater (2023), and all new electrical panels (2023). All units are 2 bed / 1 bath and on MTM leases. Rent roll available upon request, 7.8% cap rate. Owner/agent
  1. Listed by Nicholas Valin • Brokerage DRE #2003003608 • Comey & Shepherd
    nicholas@nvre.io

Property Details for 7300 Shawnee Run Road

View
Woods
Zoning
Multi Family
Zoning Details
Multi Family
LISTING CLOSED: 03/19/2025 12:00 AM

Property Details for 7300 Shawnee Run Road

StatusSold
MLS #1830980
Days on Market1
Taxes$10,180 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Fam 2-4 units
Year Built1972
Lot Size0.25 AC / 10,846 SF
CountyHamilton County
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Location

Listing Courtesy of Comey & Shepherd

Sold By Real of Ohio

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Building Information for 7300 Shawnee Run Road

Stories-Residences4Year Built1972Building Size-Lot Size0.25 AC / 10,846 SF

Payment Calculator

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$4,976 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,127

Property Taxes

$848

HOA Dues

$0

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Property Information for 7300 Shawnee Run Road

Summary
Location and General Information
  • MLS Area Major: Hamilton-E06
  • Area Short Name: E06
  • FIPS Code: 61
  • Township: Madeira City
  • Census Tract: 241.0
Taxes and HOA
  • Has Association: No
  • Other Tax Parcel ID: 525-0004-0091-00
  • Parcel Number: 525-0004-0091-00
  • Semi Annual Taxes: $5090
School Information
  • High School District: Madeira City SD
Parking
  • Open Parking Spaces: 8.0
  • Parking Features: Lights, Lot
Property
Lot Information
  • Lot Area: 10846.0
  • Lot Size Acres: 0.249
  • Lot Size Dimensions: 219x142
  • Lot Size Square Feet: 10846.0
  • Lot Size Units: Acres
  • Miscellaneous: Individual Laundry
Property and Assessments
  • 3rd Party Approval Required: No
  • Annual Assessmnt Amount: 110, 710
  • Has Board Loaded: No
  • New Construction: No
  • Total Buildings: 1
  • Validated: Yes
  • Year Built: 1972
Building Features
  • Foundation Details: Poured
  • Levels: Two
  • Structure Type: Quad
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick, Vinyl Siding
Utilities
  • Gas: Natural
  • Gas and Electric: 1371.0
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Patio, Deck
  • Other Features: Corner Lot
  • Roof: Shingle
Interior Features
  • Basement: Full
  • Cooling: Central Air
  • Heating: Gas
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: Yes
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Double Hung
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $82,320.00
  • Insurance Expense: $1,648.00
  • Net Operating Income: $66,140.00
  • New Taxes Expense: $10,180.00
  • Water Sewer Expense: $2,979.00
Unit Information
Unit 1
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $1,700.00
Unit 2
  • Beds Total: 2
  • Full Baths: 1
Unit 3
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $1,695.00
Unit 4
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $1,715.00
Rental
Rent Information
  • 2 Bedroom Rent: $1,715.00
  • 2 Bedroom Sq Ft: 1022
  • 2 Bedroom Units: 4
  • Heat Paid: Tenant
  • Occupancy: Negotiable
  • Water Paid: Owner
  • Has Lease Considered: No
  • Sub Lease: No

Property History for 7300 Shawnee Run Road

DateEvent & SourcePriceAppreciation
Mar 19, 2025

Sold (Public Record)

Public Record #1556973031

$812,000

-0.7% / yr

Mar 19, 2025

Sold

MLS of Greater Cincinnati #1830980

$812,000—
Feb 14, 2025

Listed (Active)

MLS of Greater Cincinnati #1830980

$850,000—
DateEvent & SourcePrice
03/19/2025

Sold (Public Record)

Public Record #1556973031

$812,000

-0.7% / yr

03/19/2025

Sold

MLS of Greater Cincinnati #1830980

$812,000
02/14/2025

Listed (Active)

MLS of Greater Cincinnati #1830980

$850,000

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

Public Records for 7300 Shawnee Run Road

Taxable ValueLand$16,170Additions$94,539Total$110,709
Tax Record2025$10,196 ($850 / month)
Home Facts
Total Finished SqFt4,088 SqFtAbove Grade Finished SqFt4,088 SqFtStories2Lot Size10,846 SqFtStyleMulti-Family Res (5+ Units)Year Built1972CountyHAMILTONAPN525-0004-0091-00

Schools near 7300 Shawnee Run Road

This home is within Madeira City School District.
Rating
School
Type
Grades
Distance
Madeira Elementary School
Public - K to 5
Madeira Middle School
Public - 6 to 8
Madeira High School
Public - 9 to 12
St. Gertrude School
Private - K to 8
Rating
School
Distance
Madeira Elementary School
PublicK to 5

Madeira Middle School
Public6 to 8

Madeira High School
Public9 to 12

St. Gertrude School
PrivateK to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
7404 Madeira Pines Drive, Madeira, OH 45243
$361,395
4
2,583
0
B Shawnee Run Road, Madeira, OH 45243
$200,000
–
–
–
20,473
7457 Camargo Road, Madeira, OH 45243
$110,000
3
–
42,253
7401 Madeira Pines Drive, Madeira, OH 45243
$520,000
4
3,465
0
7410 Madeira Pines Drive, Madeira, OH 45243
$493,000
5
3,061
11,474

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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

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