Three-unit multifamily investment opportunity in Cincinnati featuring a mix of occupied and vacant units. Unit 1 is a 3-bedroom, 1-bathroom unit recently turned and marketed at $1,095 per month, with housing vouchers accepted. Unit 2 is a tenant-occupied 3-bedroom, 1-bathroom unit leased through a housing voucher program at $1,900 per month, with the tenant contributing $76 monthly and paying their own utilities. Unit 3 is a 1-bedroom, 1-bathroom unit requiring additional work before it is ready for occupancy. The property offers investors existing voucher-supported rental income and the potential to lease the marketed unit while evaluating the remaining unit's renovation needs. Buyers should verify legal bedroom counts, unit configurations, utility arrangements, and current rental terms during due diligence.
| MLS # | 1889940 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 24 |
| Listing Provided By | Agora Realty Group | Craig D. Kellogg |
| SQ Feet | 3,128 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.13 |
| Rooms Total | 0 |
|---|---|
| Heating | Baseboard |
| Cooling | Wall Unit |
| Window Features | Aluminum, Wood |
| Fireplace Features | Inoperable |
| Fireplaces Total | 1 |
| Roof | Shingle |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Poured |
| Parking Features | Off Street, Onstreet |
|---|---|
| Open Parking Spaces | 0 |
| Sewer | Public Sewer |
|---|---|
| Gas | Natural |
| State | OH |
|---|---|
| County | Hamilton |
| City | Cincinnati |
| Zip Code | 45229 |
| Area | Hamilton E01 |
| Subarea | Hamilton E01 |
| Community Name | Avondale |
| School District | Cincinnati City SD |
| High School | Cincinnati City SD |
| Listing VS Median (in Avondale) | |
Price: $295,000 low | high Med: $324,450 sqft: 3,128 low | high Med: 1,724 $ / sqft: $94 low | high Med: $191 On site: 24 low | high Med: 26.5 | |
| State | OH |
|---|---|
| County | Hamilton |
| City | Cincinnati |
| Zip Code | 45229 |
| Area | Hamilton E01 |
| Subarea | Hamilton E01 |
| Community Name | Avondale |
| School District | Cincinnati City SD |
| High School | Cincinnati City SD |
| Listing VS Median (in Avondale) | |
Price: $295,000 low | high Med: $324,450 sqft: 3,128 low | high Med: 1,724 $ / sqft: $94 low | high Med: $191 On site: 24 low | high Med: 26.5 | |