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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

Map and Directions

Directions to 8566 Cottonwood Drive, Springfield Twp., OH 45231

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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


School Details

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

School Rating: C-

School Details
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

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

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
-0.6% Increase in population since the year 2010
32.6%
of households
have children
25 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=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.

-0.6%
Decrease in population
since the year 2010
Population is Trending down
16,767
Total households as of 2010
4.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 40.7 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 45%
White 44%
Hispanic 3%
Asian 3%
Other 2%
Native American <1%
The most prevalent ethnicity is Black at 45%, followed by White at 44%, Hispanic at 3%, and Asian at 3%.

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

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 17.99% of the households.

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%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 31.45% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=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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There's more to learn about Springfield Twp., OH 45231!
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Copyright © 2025 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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