2541 Melrose Ave, Cincinnati, OH, 45212
About This Home
Solid brick triplex in an excellent location just a block from Rookwood Pavilion offering strong investment potential and convenience. This well-maintained property features two spacious 2-bedroom units and one 1-bedroom unit, providing multiple income opportunities. New boiler installed in 2023. Tenants will appreciate the off-street parking in driveway next to house along with two inviting front porches that add charm and curb appeal. Situated within walking distance to shopping, dining, and entertainment. Property being sold AS-IS
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Foundation: Stone
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Triplex
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Window features: Vinyl,Double Hung
- Number of fireplaces: 3
- Fireplace features: Inoperable
- Fireplace: Yes
Heating & Cooling
- Heating features: Gas,Hot Water
- Cooling features: Window Unit(s),Central Air
Interior Area
- Total structure area: 4,397
- Total interior livable area: 4,397 sqft
Property
Details
- Parcel number: 6510030013600
Features
- Stories: 3
Lot
- Lot size: 0.29 Acres
Parking
- Total spaces: 8
- Parking features: Off Street,Driveway
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
- Uncovered spaces: 5
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,604 | $31,248 |
| Home Insurance * | $240 | $2,880 |
| Property Taxes | $648 | $7,776 |
| Electricity | $471 | $5,658 |
| Total | $3,963 | $47,556 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Price change | $515,000 |
| 2026-06-12 | Price change | $529,900 |
| 2026-05-16 | Listed for sale | $549,900 |
| 2022-12-03 | Listing removed | -- |
| 2022-10-10 | Price change | $465,000 |
| 2022-08-11 | Price change | $477,000 |
| 2022-06-03 | Listed for sale | $497,000 |
| 2019-05-03 | Sold | $344,500 |
| 2019-04-23 | Pending sale | $360,000 |
| 2019-04-23 | Listed for sale | $360,000 |
| 2019-03-26 | Pending sale | $360,000 |
| 2019-03-01 | Price change | $360,000 |
| 2018-12-21 | Listed for sale | $375,000 |
| 2018-03-27 | Listing removed | $1,200 |
| 2018-02-27 | Listed for rent | $1,200 |
| 2017-02-13 | Listing removed | $1,200 |
| 2017-02-06 | Listed for rent | $1,200 |
| 2015-01-16 | Sold | $146,500 |
| 2013-11-20 | Listing removed | $229,900 |
| 2013-11-12 | Price change | $229,900 |
| 2013-08-08 | Listed for sale | $299,900 |
| 1994-01-28 | Sold | $49,000 |
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