Stephen Davis
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6011 Vine
Cincinnati, OH 45216

$359,900

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Listing Details

  • $359,900
  • MLS# 1872486
  • Type Multi Unit - Multiple
  • Status Active
  • 0.072 acres
    Lot Size
  • 1920
    Year Built
  • St Bernard Elmwood P
    Local Schools

Local Information

Listed By

Agency Name: Plum Tree Realty
Agency Phone: 513-443-5060
Agent Name: Ali Abdur-Rahman

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Shown By

Agent Name: Stephen Davis
Agent Phone: (937) 241-9454
Agency Title: Irongate Inc., Realtors

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Home Value Estimate


Description

Attention savvy investors: Secure a high-performing mixed-use asset in the steady Cincinnati market. This 4-unit property offers the perfect blend of immediate residential stability and a clear, high-impact value-add path through its commercial component. Currently anchored by three occupied residential units providing a reliable income base. The ground-floor commercial suite is positioned for a rent increase from $1,500 to $2,000/month, driving significant equity growth. While the local market averages 6-7% CAP rates, this property is structured to deliver a 10.8% Pro-Forma CAP based on 2025-2026 projections. Current rent roll $4,645...read more

Features

  • Window Unit
  • 0 Fireplace
  • Electric
  • $6,930 Taxes
  • At Street
  • Built in 1920

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