$389,900
- 4 Beds
- 4 Baths
- 2,798 sqft
1589 Summit Rd, Cincinnati, OH 45237
Est. Mortgage $2,621/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1942
$139/sqft
Garage
Local Information
-- mins to
About this House
Exceptional opportunity to own a fully renovated, turnkey multifamily property at 1589 Summit Rd! The property has four 1-bedroom units that are generating $3,750/month in gross rent. Tenants pay all utilities except water and sewer, keeping expenses low. Smoke and pet-free building. Extensively renovated within the past 3 years, improvements include all new drywall, electrical, plumbing, windows, roof, gutters, individual furnaces, central A/C units, remodeled kitchens with updated appliances, and high-end marble and tile finishes throughout. The solid brick building has been meticulously maintained, with brickwork in excellent condition. Additional features include two sump pumps for added protection. Annual taxes are currently under $6k. A rare opportunity to acquire a low-maintenance, cash-flowing investment.
Contact this Building
Last check for updates: about 4 hours ago
Listing courtesy of Dustin Walters, (513) 716-8935
Coldwell Banker Realty, (513) 777-7900
Originating MLS: Cincinnati Area Multiple Listing Service
Source: Cincy MLS, MLS#1891691

Also Listed on Cincy MLS.
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Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved
Home Details for 1589 Summit Rd
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Interior Details Basement: FullNumber of Rooms: 16 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 2798 Square Feet |
Appliances & Utilities Laundry: Coin Laundry |
Heating & Cooling Heating: Forced Air,GasHas CoolingAir Conditioning: Central Air,Separate Air ConditioningHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Gas & Electric Electric: 220 VoltsGas: Natural |
Windows, Doors, Floors & Walls Window: Vinyl, Insulated Windows |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
View Has a ViewView: City |
Security Security: Security System, Smoke Alarm |
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Exterior Home Features Roof: ShingleFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Open Parking Spaces: 4No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 8Parking: Off Street,On Street |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 26 |
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Year Built Year Built: 1942 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, QuadruplexStructure Type: QuadruplexArchitecture: Quadruplex |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 1170014003400 |
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Price List Price: $389,900Price Per Sqft: $139Price Range: $0 - $389,900 |
Status Change & Dates Possession Timing: Subject To Tenant Rights |
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MLS Status: Pending |
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Direction & Address City: Cincinnati |
School Information High School District: Cincinnati City SD |
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Listing Agent Listing ID: 1891691 |
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Building Area Building Area: 2798 Square Feet |
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Association for this Listing: Cincinnati Area Multiple Listing Service |
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Lot Area: 5837.04 sqft |
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Disclaimer: Information has not been verified, is not guaranteed and subject to change.<BR>Copyright</A> ©2026 <A name="trans">MLS of Greater Cincinnati, Inc. All rights reserved.</A><BR> |
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Listing Terms: No Special Financing |
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Expense Tenant Pays: Heat |
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Owner Pays: Water |
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Around this home
What Locals Say about Roselawn
At least 48 Trulia users voted on each feature.
96 % Say there are sidewalks
81 % Say it's dog friendly
75 % Say car is needed
71 % Say it's walkable to restaurants
69 % Say kids play outside
65 % Say yards are well-kept
65 % Say there's holiday spirit
65 % Say streets are well-lit
56 % Say it's walkable to grocery stores
56 % Say parking is easy
52 % Say neighbors are friendly
46 % Say there's wildlife
41 % Say they plan to stay for at least 5 years
39 % Say people would walk alone at night
31 % Say it's quiet
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Cincinnati
Last updated August 2026
Avg. sale price
$262K
$8.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$176
$4MoM
Available listings
1480
59MoM
Home Value
Trulia Estimate
$381KSince last month
Decreased$7K (-1.9%)Since last year
Increased$105K (+37.9%)Since last sale
Increased$178K (+87.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +59% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $381K |
| August 2026 | $388K |
| July 2026 | $411K |
| June 2026 | $428K |
2025 | |
2024 | |
2023 | |
2021 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $227,500 | 11/21/25 | 4 | 4 | 1,859 | |
0.45 | Multi-Family Home | $320,000 | 05/27/26 | 4 | 2 | 2,626 | |
0.26 | Multi-Family Home | $309,000 | 03/11/26 | 6 | 4 | - | |
0.23 | Multi-Family Home | $316,000 | 08/21/26 | 8 | 4 | - | |
0.26 | Multi-Family Home | $355,000 | 01/07/26 | 6 | 4 | - | |
0.30 | Multi-Family Home | $305,000 | 05/26/26 | 6 | 4 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $225,000 | 3 | 2 | 1,581 | Recently Sold | |
0.10 | $310,200 | 4 | 3 | 2,217 | Off Market | |
0.10 | $207,400 | 2 | 2 | 1,181 | Off Market | |
0.13 | $312,800 | 4 | 2.5 | 2,654 | Recently Sold | |
0.14 | $308,900 | 4 | 2.5 | 2,371 | Off Market | |
0.17 | $234,200 | 4 | 4 | 1,859 | Off Market | |
0.18 | $860,000 | 1 | - | - | Recently Sold | |
0.18 | $320,900 | 4 | 4 | 2,706 | Off Market | |
0.19 | $243,700 | 4 | 4 | - | Off Market | |
0.21 | $343,900 | 8 | 4 | 3,710 | Off Market | |
0.21 | $264,100 | 4 | 4 | - | Off Market | |
0.22 | $255,700 | 5 | 2.5 | 1,502 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 8, 2026 Source: Cincy MLS #1891691 | Pending | $389,900 |
Aug 26, 2026 Source: Cincy MLS #1891691 | Listed For Sale | $389,900 |
Aug 25, 2026 Source: Cincy MLS #1883252 | ListingRemoved | $395,000 |
Aug 17, 2026 Source: Cincy MLS #1883252 | PriceChange | $395,000 Price decreased by 1% |
Jul 30, 2026 Source: Cincy MLS #1883252 | PriceChange | $399,900 Price decreased by 5% |
Jul 24, 2026 Source: Cincy MLS #1883252 | PriceChange | $419,900 Price decreased by 1% |
Jul 13, 2026 Source: Cincy MLS #1883252 | PriceChange | $425,000 Price decreased by 2% |
Jun 23, 2026 Source: Cincy MLS #1883252 | PriceChange | $434,900 Price decreased by 2% |
Jun 16, 2026 Source: Cincy MLS #1883252 | Listed For Sale | $445,000 |
May 12, 2021 Source: Cincy MLS #1691111 | Sold | $203,000 |
Apr 7, 2021 Source: Cincy MLS #1691111 | Pending | $239,500 |
Feb 24, 2021 Source: Cincy MLS #1691111 | Listed For Sale | $239,500 |
Jan 28, 1997 Source: Cincy MLS #573927 | Sold | $75,000 |
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Frequently asked questions about 1589 Summit Rd
- What is the estimated monthly payment for 1589 Summit Rd?Based on a $389,900 list price with 20% down at today's rates, the estimated monthly payment for 1589 Summit Rd in Cincinnati, OH is approximately $2,679 (about $2,133 principal & interest, $471 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1589 Summit Rd compare to homes in Cincinnati?1589 Summit Rd in Cincinnati, OH is listed at $389,900, about 49% above the $262K median sale price in Cincinnati.
- What do residents say about the Roselawn neighborhood?Residents describe the Roselawn neighborhood in Cincinnati, OH as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Roselawn, Cincinnati.
- What are the closest schools to 1589 Summit Rd?The closest schools to 1589 Summit Rd in Cincinnati, OH are Aiken New Tech High School (Middle, rated 4/10), Clark Montessori High School (Middle, rated 6/10), Gilbert A. Dater High School (Elementary/Middle, rated 3/10).
- Does 1589 Summit Rd have air conditioning?Yes, 1589 Summit Rd in Cincinnati, OH has air conditioning.
- Does 1589 Summit Rd have laundry facilities?Yes, 1589 Summit Rd in Cincinnati, OH has laundry facilities.

