503 Woodlawn Avenue, Cincinnati, OH 45205
- $800,000
- Sold Price
- $800,000
- List Price
- $949,000
- Status
- SOLD
- MLS#
- 1832194
- Closing Date
- Dec 30, 2025
- Lot Size
- 28,706
- Levels
- Three
- Region
- Hamilton-W04
Property Description
503 Woodlawn offers strong current returns and significant value-add potential through strategic unit renovations, operational improvements, and lease-up of vacant units 16 units- 1BR & 1 BA. 11 units have balconies. Coin operated laundry and individual storage units. 100% occupied, $10,970 monthly cash flow with room to raise rents! Off street parking lot. Owner pays heat, water, trash and sewer, tenants pay electric. Can be bought as a package deal with 2861 Harrison, 12 units. -New Roof (2021) -Interior renovations in select units -HVAC system upgrades -Updated electrical systems -Common area improvements -Professional landscaping enhancements -New security locks throughout property -Convenient access to major highways and public transportation -Proximity to employment centers and educational institutions -Nearby shopping, dining, and entertainment -Essential services within walking distance
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Additional Information
- Acres
- 0.66
- Construction
- Brick
- Roof
- Composition
- Basement Desc
- Partial
- Garage Desc
- None
- Garage Spaces
- 16
- Cooling
- Wall Unit
- Heating
- Baseboard, Gas, Hot Water
- Sewer
- Public Sewer
- Water
- Public
- School District
- Cincinnati City SD
Mortgage Calculator
Courtesy of Brittany Seither with RE/MAX Victory + Affiliates
Courtesy of Brittany Seither with RE/MAX Victory + Affiliates
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