Fully occupied multifamily investment opportunity in excellent rental market. Twenty, 2 bedroom apartment units (~750 sqft) in two buildings situated on 1.25 acres. Tenants pay for heat and electric (separately metered). Ample parking onsite w/room for expansion. Onsite pay laundry is managed by 3rd party vendor (Jets). Storage lockers available for each unit. Located 0.5 miles from St Rt 32 and downtown Batavia making it walkable/rideable to shops/dining etc. Short drive to Eastgate shopping district (6.5 miles). Average rents are well below current market rents, coupled with quickly growing demographics and new Purina factorty makes for compelling upside. Current NOI is $120,000+. No owner financing available. 100% occupancy.
Sold for $1,225,000
Zillow last checked:
Listing updated:
Bought with:
Non Member
NonMember Firm
Source: Cincy MLS,MLS#: 1822853
Originating MLS: Cincinnati Area Multiple Listing Service
Originating MLS: Cincinnati Area Multiple Listing Service
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2025 | Sold | $1,225,000-11.9%$64/sqft |
Source:  Cincy MLS #1822853 Report a problem | ||
| 11/1/2024 | Pending sale | $1,390,000$72/sqft |
Source: Cincy MLS #1822853 Report a problem | ||
| 10/28/2024 | Listed for sale | $1,390,000$72/sqft |
Source: Cincy MLS #1822853 Report a problem | ||
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,422,700
