Neighborhood
29 Martin Luther King Dr E, Cincinnati, OH 45219
3 beds · 1 bath · 1,415 sq ft · Lot: 3,920 sq ft · Single Family Home · Last Sold: $70K in 2005 · Built: 1910
Est. Value:
$176K
Est. Rent:
$3K/month

29 Martin Luther King Dr E Cincinnati, OH 45219

3 beds · 1 bath · 1,415 sq ft · Lot Size: 3,920 sq ft · Single Family Home · Corryville
Est. Property Value: $175,569

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29 Martin Luther King Dr E is in the Corryville neighborhood of Cincinnati, OH. It is located in Hamilton County and ZIP code 45219. This Single Family Home was built in 1910 and is approximately 115 years old. The single family home spans 1415 sq ft with 3 bedrooms and 1 bathroom and sits on a 3920 sq ft lot. According to public records, it was last sold in 2005 for $70,000 and has a tax-assessed value of $117,590, which is $124 per sq ft. The Corryville area of Cincinnati has 80 residential homes with an average size of 1618.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 29 Martin Luther King Dr E Cincinnati, OH 45219 with Property Intel by Whitepages.

Investment Potential for 29 Martin Luther King Dr E

The property has a current estimated value of $175,569, which is 19% below the neighborhood median, based on public records. It last sold on September 14, 2005 for $70K. Projected long-term
is $36,600 annually ($3,050 per month) with a 80% occupancy rate.

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Long-Term

Gross Rental
$36,600 per year($3,050 per month)
Net Operating Income
Cap Rate
Occupancy Rate
80%in 45219 zip code
 
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Owners & Occupancy for 29 Martin Luther King Dr E

No contact information is available.

Occupancy

Current Occupancy******View Occupancy
Resident 1*************
Resident 2*****************
Resident 3******************

Property Details for 29 Martin Luther King Dr E

Property Details

Property Sq Ft

Living Area

1,415 sq ft

13% below market

Lot Size

3,920 sq ft

50% above market

Price Per Sq Ft

Living Area

$124 / sq ft

14% below market

Lot Size Area

$45 / sq ft

42% below market

Property condition, age, exterior, etc. for 29 Martin …
Longitude: -84.507599 Latitude: 39.135161 Parcel Number (APN): 104-0004-0029-00…
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Market Benchmarks

Compare data for 29 Martin Luther King Dr E in Hamilton County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$175,569
$205,444
-$29,875 (-15%)
$313,711
$74,641 (24%)
YoY Price Change
3.15%
30%
Year Built
1910
1962
-52 years
Living Space
1,415 sq ft
1,501 sq ft
-86 (-6%)
$ Per Living Sq Ft
$124
$142
-$18 (-13%)
Lot Size
3,920 sq ft
11,282 sq ft
-7362 (-65%)
$ Per Lot Sq Ft
$45
$20
$25 (124%)

Net Operating Income
$15,509
$12,252 (79%)
Annual Revenue
$36,600
$22,800
$13,800 (61%)
$6,729
$2,110 (31%)
Net Operating Income
$15,509
$12,252 (79%)
Cap Rate
7.22%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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