Sold
Last Sold Price
8 beds4 baths
7300 Shawnee Run Road, Madeira, OH 45243
Multi FamilyProperty Type
0.25 acresLot Size
1972Year Built
8 carsParking Spaces

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
  • Listed by: Nicholas Valin nicholas@nvre.io Brokerage DRE #2003003608 • Comey & Shepherd
Listing closed: 03/19/2025 12:00 AM • Source: MLS of Greater Cincinnati, MLS#: 1830980

Recent comparable sales

Median sold price

$740,000

Avg days on market

20

Sale-to-list ratio

99.9%

Madeira, OH

9 comparable properties found

$740,000 | 6909 Kenwood Road, Madeira, OH 45243
1/63
1

$740,000

Sold 11/21/24

4
Bedrooms
3,439
Square Feet
0.87
Acres
$435,000 | 7205 Longfield Drive, Madeira, OH 45243
1/21
2

$435,000

Sold 08/12/26

5
Bedrooms
4
Bathrooms
Unavailable
Square Feet
0.22
Acres
$650,000 | 6581 Minnewaukan Drive, Madeira, OH 45243
1/35
3

$650,000

Sold 09/03/26

5
Bedrooms
2,378
Square Feet
0.70
Acres
$874,751 | 7011 Fowler Avenue, Madeira, OH 45243
1/10
4

$874,751

Sold 05/02/25

4
Bedrooms
2,784
Square Feet
0.16
Acres
$706,000 | 7138 Juniperview Lane, Madeira, OH 45243
1/45
5

$706,000

Sold 08/28/26

4
Bedrooms
2,825
Square Feet
0.29
Acres
$906,000 | 7133 Fowler Avenue, Madeira, OH 45243
1/61
6

$906,000

Sold 04/02/26

5
Bedrooms
2,451
Square Feet
0.19
Acres
$800,000 | 7301 Euclid Avenue, Madeira, OH 45243
1/51
7

$800,000

Sold 02/11/26

4
Bedrooms
3,910
Square Feet
0.21
Acres
$924,000 | 7151 Euclid Avenue, Madeira, OH 45243
1/70
8

$924,000

Sold 05/26/26

4
Bedrooms
3,220
Square Feet
0.83
Acres
$719,500 | 7326 Juler Avenue, Madeira, OH 45243
1/77
9

$719,500

Sold 07/13/26

4
Bedrooms
2,305
Square Feet
0.22
Acres

Location

Listing Courtesy of Comey & Shepherd

Sold By Real of Ohio

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$5,044 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,196

Property Taxes

$848

HOA Dues

$0

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Property Information for 7300 Shawnee Run Road

Property Details
  • Taxes: $10,180 / year
  • MLS Type: Residential Income / Multi Fam 2-4 units
  • View: Woods
  • Zoning: Multi Family
  • Zoning Details: Multi Family
Building Information
  • Residences: 4
  • Year Built: 1972
  • Lot Size: 0.25 AC / 10,846 SF
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 Built1972Year Renovated1972CountyHAMILTONAPN525-0004-0091-00

Schools near 7300 Shawnee Run Road

This home is within Madeira City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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)
This home: 7300 Shawnee Run Road, Madeira, OH 45243
$812,000
8
4
10,846
$361,395
4
2,583
0
$200,000
20,473
$110,000
3
42,253
$520,000
4
3,465
0
$493,000
5
3,061
11,474

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

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