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Listed price in listed location currency (USD).
$375,000

000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2764 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1941
Avg. Price Per Sqft $135
MLS® Number 1858120

Property Address: 1219 Franklin Ave, Cincinnati, OH, 45217

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 4-Unit in Bond Hill - Fully Renovated Investment Property. This 4-unit building in Bond Hill featuring high-end finishes throughout, including granite countertops, tile bathrooms, and modern fixtures. Each unit has been completely updated, offering top-of-the-line finishes and stable rental income. The property generates $48, 000 in annual gross income with total expenses of $14, 960, which include: Insurance: $2, 660 Property Management (7.5%): $3, 600 Heat & Electric (each unit separately metered): $3, 337 Taxes: $2, 963 Maintenance (5%): $2, 400 At a $375, 000 asking price, the property delivers an 8.8% cap rate. This is a turnkey asset fully renovated, fully leased, and generating cash flow from day one. Additionally, the seller would consider selling three nearby single-family homes in Bond Hill.
MLS® Number1858120
Laundry Level
Central VacNo
FireplaceNo
Acreage0.144
Exterior
GarageYes
Approx. Age1941
BasementFull
DrivewayConcrete, Attached
Garage Spaces
HeatElectric, Radiant, Gas
A/CWindow Unit
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 15, 2025List Date
$375,000List Price
  • Commute

Commute

Starting Address
Destination Address
1219 Franklin Ave, Cincinnati, OH

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