1219 Franklin Avenue, Cincinnati, OH 45237
Local realty services provided by:CENTURY 21 HomeStar
1219 Franklin Avenue,Cincinnati, OH 45237
$375,000
- - Beds
- - Baths
- 2,764 sq. ft.
- Multi-family
- Pending
Listed by: david arnow
Office: rath equity, ltd
MLS#:1858120
Source:OH_CINCY
Price summary
- Price:$375,000
- Price per sq. ft.:$135.67
About this home
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.
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Home facts
- Year built:1941
- Listing ID #:1858120
- Added:299 day(s) ago
- Updated:December 18, 2025 at 08:25 AM
Rooms and interior
- Living area:2,764 sq. ft.
Heating and cooling
- Cooling:Window Unit
- Heating:Electric, Gas, Radiant
Structure and exterior
- Roof:Shingle
- Year built:1941
- Building area:2,764 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$135.67
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