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8566 Cottonwood Drive, Springfield Twp., OH 45231

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For Sale
Sale Pending

$435,000

4,070 sqft

Estimated Payment

$ 2,259 /mo.

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • $106.88
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Investors! Solid 4-unit brick building in Finneytown featuring spacious 2-bedroom, open-concept units totaling 4,070 sqft. Walking distance to restaurants and shops, right off Ronald Reagan Hwy for convenient travel. Key CapEx updates include a roof (2022), hot water heater (2024), Garage door (2023) and electrical improvements (2023). Building has boiler heat with separate thermostats for each unit, wall units A/C. Rear 4 car-garage with LARGE driveway redone in 2015. Strong rental potential($5k+) with room to add value and hitting well over the 1% rule once fully occupied. Whether owner-occupied or just looking to add to your portfolio, this one hits all the marks.
MLS# 1829383

Courtesy Of eXp Realty

(866) 212-4991

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Wall Unit(s) A/C
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Heating System
    Fireplace
  • Lot Size
    0.27 Acres

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,259
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,259

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Finneytown Elementary School

Grades KG-6 Public School


Cincinnati, OH 45231 0.5 miles


Finneytown Secondary Campus

Grades 7-12 Public School


Cincinnati, OH 45231 0.5 miles
8916 fontainebleau ter

720 total students
15:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Brent Elementary School 0.5 miles Public KG-3
Central Baptist Academy 0.7 miles Private KG-7
St Vivian School 0.8 miles Private KG-8
Whitaker Elementary School 0.9 miles Public 2-5 D
John Paul Ii Catholic School 1.1 miles Private PK-8
North College Hill Elementary School 1.2 miles Public PK-4 C+
North College Hill Middle School 1.7 miles Public 5-8 D+
North College Hill High School 1.7 miles Public 9-12 D+
Pleasant Hill Academy 1.7 miles Public PK-6 D-
Mt. Healthy Preparatory And Fitness Academy 1.8 miles Public KG-8 C
Mount Healthy South Elementary School 1.9 miles Public 1-6 C-
Hilltop Elementary School 2 miles Public KG-4 A
Winton Woods Primary School 2.1 miles Public 1-2
Mount Healthy High School 2.1 miles Public 9-12 D
Mount Healthy Junior High School 2.1 miles Public 7-8 C-
Summit Academy Transition High School-cincinnati 2.2 miles Public 9-12
College Hill Fundamental Academy 2.3 miles Public PK-6 C-
Mercy Mcauley High School 2.4 miles Private 9-12

Brent Elementary School

Distance: 0.5 miles

Type Public

Grades: KG-3

Central Baptist Academy

Distance: 0.7 miles

Type Private

Grades: KG-7

St Vivian School

Distance: 0.8 miles

Type Private

Grades: KG-8

Whitaker Elementary School

Distance: 0.9 miles

Type Public

Grades: 2-5

D

John Paul Ii Catholic School

Distance: 1.1 miles

Type Private

Grades: PK-8

North College Hill Elementary School

Distance: 1.2 miles

Type Public

Grades: PK-4

C+

North College Hill Middle School

Distance: 1.7 miles

Type Public

Grades: 5-8

D+

North College Hill High School

Distance: 1.7 miles

Type Public

Grades: 9-12

D+

Pleasant Hill Academy

Distance: 1.7 miles

Type Public

Grades: PK-6

D-

Mt. Healthy Preparatory And Fitness Academy

Distance: 1.8 miles

Type Public

Grades: KG-8

C

Mount Healthy South Elementary School

Distance: 1.9 miles

Type Public

Grades: 1-6

C-

Hilltop Elementary School

Distance: 2 miles

Type Public

Grades: KG-4

A

Winton Woods Primary School

Distance: 2.1 miles

Type Public

Grades: 1-2

Mount Healthy High School

Distance: 2.1 miles

Type Public

Grades: 9-12

D

Mount Healthy Junior High School

Distance: 2.1 miles

Type Public

Grades: 7-8

C-

Summit Academy Transition High School-cincinnati

Distance: 2.2 miles

Type Public

Grades: 9-12

College Hill Fundamental Academy

Distance: 2.3 miles

Type Public

Grades: PK-6

C-

Mercy Mcauley High School

Distance: 2.4 miles

Type Private

Grades: 9-12

Local area information for Springfield Twp., OH 45231

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Springfield Twp., OH 45231

This community’s employment is highest in the sales and food industries. The area’s overall household expenses are below the national average.

87° July
Hottest Average Month

20° January
Coldest Average Month
16,617 Total Households in Area
32.6%
of households
have children
25 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Springfield Twp., OH 45231

Springfield Twp., OH 45231 has a population of 42,455 people in 16,617 households with a median age of 40.7 years old.

Down -0.6%
Decrease in population
since the year 2010

Population is Trending down
16,767
Total households as of 2010
Up
4.8%

Community Population By Age

Community Population By Ethnicity

Black 45%
White 44%
Hispanic 3%
Asian 3%
Other 2%
Native American <1%

Economics
for Springfield Twp., OH 45231

2,895 /sq mi
Population Density
$68,876 /yr
Median Household Income
$200,000
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 87%
  • Work from Home 9%
  • Walk or Bike 2%
  • Public Transit 1%

Occupancy by Type

Owned 11,792 66%
Rented 4,825 27%
Vacant 1,233 7%

White vs Blue Collar Jobs







White Collar 69%
Blue Collar 31%

Family & Education Facts
for Springfield Twp., OH 45231

40.7 Median Age

Average Household Size

2.5
persons per
household

42.6%

Married Households

Community Population By Education

High School Graduate 31%
Some College 23%
Bachelors Degree 19%
Associates Degree 11%
Graduate Degree 8%
Some High School 7%

Household Family Expenses vs National Average

32.6% of households have children

Weather
for Springfield Twp., OH 45231

The weather for this area ranges from a high of 87° F in July to a low of 20° F in January

87° July
Hottest Average Month
20° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
38°
Feb
23°
42°
Mar
31°
53°
Apr
41°
65°
May
51°
75°
Jun
60°
83°
Jul
64°
87°
Aug
62°
86°
Sep
55°
79°
Oct
43°
68°
Nov
34°
53°
Dec
25°
42°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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