Listed By
Agency Name: Plum Tree Realty
Agent Name: Dylan Koch
Agency Phone: 513-443-5060
Shown By
Agent Name: Roger McDaniel
Agent Phone: (614) 570-3260
Agency Title: Cutler Real Estate
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Property Description
Turnkey 6-Unit Duplex Portfolio | 8.03% Cap | $66K NOI | Low Taxes Fully stabilized, income-producing portfolio consisting of three side-by-side duplexes in Hamilton, OH. This offer delivers an 8.03% cap rate with $66,237 NOI and $88,800 in gross annual rents ($7,400/month). Properties feature extremely low operating expenses, including $3,973/year total real estate taxes, creating strong and predictable cash flow. Tenants pay gas and electric, further reducing owner expenses, with landlord responsible for water/sewer only. Built in 1997, the assets offer newer construction relative to the area with minimal maintenance requirements. All units are 2b/1ba and is 100% occupied, providing immediate in-place income from day one. Ideal for investors seeking a low-maintenance, high-yield addition to their portfolio with strong fundamentals and operational simplicity. All three duplexes are being sold together only. See parcels P6451-046-000-049 & P6451-046-000-050 for other buildings.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air
Days on Market: 42
Fireplaces: 0
Garage: 3
Heating: Forced Air, Gas
Lot Size: 0.08 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $1,322
Year Built: 1997
Feature Descriptions
Exterior: Vinyl Siding
Fireplace Features: None
Foundation: Poured
Gas: Natural
Parcel #: P6451046000048
Parking: Concrete, Off Street
Sewer: Public Sewer
Total Buildings: 1
Units: 2
Water: Public
Window Features: Vinyl
Local Schools
School District: Hamilton
Estimate Your Payment
Estimated Payment
$ 1,602.70 per month $1,412.32 Principal & Interest $110.17 Property Tax $80.21 Homeowner's InsuranceChange Payment Information
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1887 Kahn Avenue | MLS# 1875654
This multi-family property located at 1887 Kahn Avenue, Hamilton, OH 45011 is currently listed for sale with an asking price of $275,000. Kahn Avenue is located within the Hamilton school district. Search Hamilton real estate on rmcdaniel.cutlerhomes.com today.