Turnkey townhome complex, 8 units, 2 bed, 1.5 bath with finished basement for a possible 3rd bedroom. Tenants pay all utilities including water, heat & electric. Well maintained, easy to lease with long term tenants. Room to increase rents to market rates.
For sale
$875,000
87 E State Rd, Cleves, OH 45002
16beds
--baths
832sqft
Est.:
Apartment
Built in 1930
-- sqft lot
$-- Zestimate®
$1,052/sqft
$-- HOA
What's special
- 141 days |
- 493 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 12:22pm
Listed by:
Joseph A Cornwell 513-340-8014,
OwnerLand Realty, Inc. 513-896-1200
Source: Cincy MLS,MLS#: 1857946
Originating MLS: Cincinnati Area Multiple Listing Service
Originating MLS: Cincinnati Area Multiple Listing Service
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
Heating
- Electric, Forced Air
Cooling
- Central Air, Separate Air Conditioning
Features
- Windows: Vinyl, Double Hung, Insulated Windows
- Basement: Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 832
- Total interior livable area: 832 sqft
Property
Parking
- Total spaces: 10
- Parking features: Parking Lot, Off Street, Private
- Uncovered spaces: 10
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.76 Acres
- Features: Wooded
Details
- Parcel number: 5720008022900
- Zoning description: Multi Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Gas: At Street
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cleves
Financial & listing details
- Price per square foot: $1,052/sqft
- Tax assessed value: $73,360
- Annual tax amount: $10,120
- Date on market: 10/8/2025
- Listing terms: No Special Financing
- Tenant pays: Heat, Water
Estimated market value
Not available
Estimated sales range
Not available
$958/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Price change | $875,000-2.8%$1,052/sqft |
Source:  Cincy MLS #1857946 Report a problem | ||
| 10/9/2025 | Listed for sale | $900,000+47.5%$1,082/sqft |
Source: Cincy MLS #1857946 Report a problem | ||
| 9/1/2020 | Sold | $610,000-9.6%$733/sqft |
Source: Cincy MLS #1663512 Report a problem | ||
| 7/6/2020 | Pending sale | $675,000$811/sqft |
Source: Keller Williams Advisors #1663512 Report a problem | ||
| 6/3/2020 | Listed for sale | $675,000+29.8%$811/sqft |
Source: Keller Williams Advisors #1663512 Report a problem | ||
| 5/19/2019 | Listing removed | $895$1/sqft |
Source: Owner Report a problem | ||
| 4/19/2019 | Listed for rent | $895$1/sqft |
Source: Owner Report a problem | ||
| 2/5/2019 | Listing removed | $895$1/sqft |
Source: Owner Report a problem | ||
| 1/11/2019 | Listed for rent | $895-0.6%$1/sqft |
Source: Owner Report a problem | ||
| 8/11/2017 | Sold | $520,000$625/sqft |
Source: Cincy MLS #1530196 Report a problem | ||
| 7/4/2015 | Listing removed | $900$1/sqft |
Source: Owner Report a problem | ||
| 6/4/2015 | Listed for rent | $900$1/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,265 +1% | $25,676 |
| 2023 | $1,252 +5.3% | $25,676 +31% |
| 2022 | $1,190 -7.6% | $19,597 |
| 2021 | $1,288 +2.5% | $19,597 +0% |
| 2020 | $1,256 -4.9% | $19,596 |
| 2019 | $1,322 +4.6% | $19,596 0% |
| 2018 | $1,263 | $19,597 |
| 2017 | $1,263 +65.3% | $19,597 +53% |
| 2016 | $764 | $12,810 |
| 2015 | $764 -1% | $12,810 |
| 2014 | $772 -21.5% | $12,810 -21% |
| 2013 | $983 +6.4% | $16,205 |
| 2012 | $924 +0.4% | $16,205 |
| 2011 | $920 -29% | $16,205 -20.9% |
| 2010 | $1,295 +20.7% | $20,482 |
| 2009 | $1,074 +2.1% | $20,482 |
| 2008 | $1,052 -15.3% | $20,482 -17% |
| 2007 | $1,242 -4.1% | $24,675 |
| 2006 | $1,296 +8.3% | $24,675 |
| 2005 | $1,196 +0.3% | $24,675 +4.4% |
| 2003 | $1,192 -0.9% | $23,625 |
| 2002 | $1,203 -5.8% | $23,625 -0.1% |
| 2001 | $1,277 | $23,660 |
| 2000 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,281/mo
Principal & interest
$4224
Property taxes
$1057
Climate risks
Neighborhood: 45002
Nearby schools
GreatSchools rating
- 8/10Three Rivers ElementaryGrades: PK-4Distance: 0.7 mi
- 7/10Taylor Middle SchoolGrades: 5-8Distance: 0.7 mi
- 7/10Taylor High SchoolGrades: 9-12Distance: 0.7 mi
Local experts in 45002
