$324,900
 $2,162 est/mo Sourced by Back At You

58 Gorman Lane,Reading, OH 45215

Reading, OH 45215

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Description

Fully leased 4-unit all brick building generating $3,325/mo, with an upside potential of $3700+. Rare 4-family in this neighborhood featuring 2-bedroom units. Property offers ample off-street parking, on-site storage, and vendor-managed coin laundry. Recently renovated units boast hardwood / premium vinyl plank floors, updated counters, cabinets, and baths. Tenants pay electric and cooking gas. Owner pays central heat, water, and trash (total $484/mo on average). Unit A (2BR): $1025 month-to-month. Unit B (Studio): $600 long-term tenant thru 9/30/26. Unit C (2BR): $1000 thru 10/8/26. Unit D (Studio): $700 thru 3/20/27. Rents are below market. All appliances and ACs stay. Great investment opportunity with instant and long-term potential! See pdf file for a list of major repairs. Video walkthroughs available upon request.

Details

MLS #1885483
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1942
Days On Site84
Listing Provided ByOhio Property Group, LLC | Glen Whitten

Features

BasementY
Story(s)2
Units4
Building(s)1
ZoningMulti Family
Acreage0.15

Interior

Rooms Total0
HeatingElectric, Radiant, Gas, Hot Water
CoolingWindow Unit
Window FeaturesVinyl
Interior FeaturesStorage Area
Fireplace FeaturesNone
Fireplaces Total0

Exterior

RoofShingle
Construction MaterialsBrick
Foundation DetailsBlock

Parking

Parking FeaturesOff Street
Open Parking Spaces4

Utilities

SewerPublic Sewer
GasNatural

Area Information

StateOH
CountyHamilton
CityReading
Zip Code45215
AreaHamilton E03
SubareaHamilton E03
Community NameReading
School DistrictReading Community Ci
High SchoolReading Community Ci
Listing VS Median (in Reading)
Price:
$324,900
low | high
Med:
$277,450
64.604493690366% of Average
On site:
84
low | high
Med:
65
100% of Average
Sourced by Back At You

Market Activity 45215

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Learn More About This Property

StateOH
CountyHamilton
CityReading
Zip Code45215
AreaHamilton E03
SubareaHamilton E03
Community NameReading
School DistrictReading Community Ci
High SchoolReading Community Ci
Listing VS Median (in Reading)
Price:
$324,900
low | high
Med:
$277,450
64.604493690366% of Average
On site:
84
low | high
Med:
65
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 6:01:20 PM PDT