Share this with your friends
+1(614)983-3277
eXp Realty
125 Park Avenue, Hamilton, OH 45013
- $995,000
- 30,381
- SqFt
- List Price
- $995,000
- Status
- ACTIVE
- Days on Market
- 50
- Price Change
- ▼ $255,000 1792023265
- MLS#
- 1891956
- Year Built
- 1908
- Living Area
- 30,381
- Lot Size
- 28,179
- Acres
- 0.65
- Neighborhood
- Hamilton West
- MLS Area Major
- Butler-W15
Property Description
Excellent 16-unit multifamily value-add opportunity offered at $1,250,000 ($78,125/unit). All units have been turned within the past year, with significant upside through interior renovations and rent increases of approximately $360/unit/month. A $400,000 improvement budget provides a clear path to reposition the property, increasing annual rental revenue by approximately $69,252 and moving NOI from $78,125 trailing-three-month annualized to $145,380 stabilized. Favorable lease rollover provides flexibility to begin renovations immediately.
Additional Information
- Heating
- Baseboard, Forced Air
- Air Conditioning
- Window Unit
- Exterior Construction
- Brick
- Stories
- Two
- Levels
- Two
- Roof
- Membrane
- Foundation
- Block
- Parking
- Lot, Off Street
- Garage Spaces
- 16
- School District
- Hamilton City SD
Courtesy of Maxwell Wechter with Outside The Box Real Estate
How much is your home worth?
...get instant property value now!
Mortgage Calculator
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.