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2335 May Street

Cincinnati OH 45206

2483 sq. ft.
Apartment
Currently for sale - view listing

Overview

Exceptional investment opportunity in the heart of Walnut Hills! This stately Victorian 8-unit multifamily property offers a highly desirable unit mix of one-, two-, three-, and four-bedroom apartments, appealing to a broad tenant base. Currently 75% occupied, the property generates approximately $111,000 in annual gross income. Six of the eight units were thoughtfully renovated in 2022, minimizing near-term capital expenditures while enhancing rental appeal. Benefit from a valuable TIF tax abatement through 2032, providing significant long-term savings and improved cash flow. A turnkey, income-producing asset in one of Cincinnati's most sought-after and rapidly appreciating neighborhoods.

Features

2483 sq. ft. lot size
Apartment

Property history for 2335 May Street

2023
Rented
Undisclosed
12 Feb 2023 by Keller Williams Advisors Realty
2022
Rented
Undisclosed
12 Dec 2022 by Keller Williams Advisors Realty
2022
Rented
Undisclosed
19 Aug 2022 by Keller Williams Advisors Realty

Happy sellers in Cincinnati

87%
87% of sellers in Cincinnati reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for apartments in Cincinnati

In the last 12 months, 4 apartments similar to 2335 May Street, have been sold.

This represents a 300% decrease in apartments sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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