2940 W Tower Ave
Cincinnati, OH 45238
Westwood- 4 Beds
- 2 Baths
- 1,208 sqft
4 Beds
2 Baths
1,208 sqft
Local Information
-- mins to
Description
Income: Gross Potential Rent - 3 BR, 1 BA $825 $9,900Misc. Income - Less: Vacant Units 8% (792)Effective Gross Income $9,108 Operating Expenses: Management Fee 10% $911Real Estate Taxes 1,114 Insurance 500 Repairs and Maintenance 10% 911 Total Operating Expenses $3,436 Net Operating Income $5,672 Loan Analysis Purchase Price $54,200 Loan Amount (80% LTV) $43,360Down Payment $10,840Interest Rate 5.50%Amortization 30 Annual Debt Service $2,954Capitalization Rate 10.5%Cash Flow $2,718Estimated Return On Cash (20% Down Payment) 25.1%
2940 W Tower Ave, Cincinnati, OH 45238 is a 4 bedroom, 2 bathroom, 1,208 sqft single-family home in Westwood, built in 1951. It last sold for $32,100 on Dec 16, 2011. More recently, it was listed as a rental in January 2012 with an asking price of $850 per month. That rental listing was removed on February 1, 2012. It is currently off market. The Trulia Estimate is $198,000, with a rent estimate of $1,909/month.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 2940 W Tower Ave
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Interior Details BasementAtticNumber of Rooms: 7 |
Heating & Cooling Heating: BaseboardAir ConditioningCooling System: CentralHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Exterior Home Features Exterior: Brick |
Parking & Garage GarageParking Space: 1Parking: Garage Attached |
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Units in Building: 1 |
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Lot Area: 8712 sqft |
Price History for 2940 W Tower Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 02/26/2012 | $54,200 | ListingRemoved | Agent Provided |
| 02/09/2012 | $54,200 | Listed For Sale | Agent Provided |
| 02/01/2012 | $850 | ListingRemoved | Agent Provided |
| 01/18/2012 | $850 | Listed For Rent | Agent Provided |
| 12/16/2011 | $32,100 | Sold | Cincy MLS #1291264 |
| 09/27/2011 | $38,500 | PendingToActive | Agent Provided |
| 08/12/2011 | $38,500 | Pending | Agent Provided |
| 07/16/2011 | $38,500 | PriceChange | Agent Provided |
| 06/10/2011 | $46,000 | Listed For Sale | Agent Provided |
| 05/23/2011 | $52,000 | Sold | N/A |
| 05/22/2011 | $0 | Listed For Sale | Agent Provided |
Market trends in Cincinnati
Last updated May 2026
Avg. sale price
$247K
$15.08KMoM
Sale-to-List Price
99.6%
0.5%MoM
Price per sq ft
$166
$8MoM
Available listings
1531
157MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $2,718 |
| Assessment | $122,200 |
Home facts updated by county records
Comparable Sales for 2940 W Tower Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $20,000 | 11/06/25 | 3 | 1 | 1,320 | |
0.35 | Single-Family Home | $134,000 | 05/01/26 | 4 | 1.5 | 1,345 | |
0.26 | Single-Family Home | $120,000 | 08/13/25 | 4 | 1 | 1,319 | |
0.19 | Single-Family Home | $104,666 | 10/07/25 | 2 | 2 | 976 | |
0.24 | Single-Family Home | $277,000 | 11/03/25 | 4 | 2.5 | 1,440 | |
0.38 | Single-Family Home | $210,000 | 04/28/26 | 3 | 2 | 1,361 | |
0.25 | Single-Family Home | $225,000 | 04/24/26 | 3 | 1.5 | 1,928 | |
0.16 | Single-Family Home | $120,000 | 07/09/25 | 2 | 1 | 1,241 | |
0.14 | Single-Family Home | $297,500 | 11/20/25 | 3 | 2 | 1,400 | |
0.19 | Single-Family Home | $208,000 | 12/16/25 | 4 | 3 | 2,552 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2940 W Tower Ave.
What Locals Say about Westwood
At least 257 Trulia users voted on each feature.
88 % Say there are sidewalks
83 % Say car is needed
82 % Say it's dog friendly
72 % Say parking is easy
68 % Say kids play outside
65 % Say there's holiday spirit
64 % Say yards are well-kept
57 % Say streets are well-lit
55 % Say there's wildlife
51 % Say it's walkable to grocery stores
50 % Say neighbors are friendly
48 % Say they plan to stay for at least 5 years
45 % Say it's walkable to restaurants
40 % Say it's quiet
33 % Say people would walk alone at night
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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