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1887 Kahn Avenue

Hamilton OH 45011

4
2
6
1520 sq. ft.
3655 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
2 bathrooms
6 carspaces
3 open car spaces
3 garage spaces
1520 sq. ft. floor area
3655 sq. ft. lot size
Multi-Family

Property history for 1887 Kahn Avenue

2024
Sold
$143,334
02 Oct 2024 by Dylan Koch, of Plum Tree Realty

Happy sellers in Hamilton

100%
100% of sellers in Hamilton reported that their sale price either exceeded or met their price expectations.

Hamilton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Hamilton over the last 12 months.

Local market activity for 4 bedroom multi families in Hamilton

In the last 12 months, 7 four-bedroom multi families similar to 1887 Kahn Avenue, have been sold.

This represents a 16% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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