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4259 Vine Street

Cincinnati OH 45217

2
8538 sq. ft.
Apartment
Currently for sale - view listing

Overview

Position your capital in a high-demand rental pocket with this 9-unit multi-family asset. Designed for efficient urban living, this property offers a streamlined management profile and a significant value-add path through the stabilization of three vacant units. The Investment Strategy: Efficiency & Scale Immediate Value-Add: 3 units are currently vacant and ready for a fresh renovation. This allows the next owner to standardize finishes across the vacancies and immediately capture modern market rents. Low-Maintenance Floor Plans: The units are designed for maximum efficiency, minimizing turnover costs and utility overhead. These "smart-sized" units are in high demand for the local workforce seeking affordable, well-located housing. Operational Foundation: 6 units are currently occupied, providing a consistent income stream from day one to support debt service while you execute your renovation plan. Current rent roll $4,252 a month. As-Is, Where-Is

Features

2 carspaces
2 open car spaces
8538 sq. ft. lot size
Apartment

Property history for 4259 Vine Street

2023
Sold
$410,000
10 Mar 2023 by Ali Abdur-Rahman, of Plum Tree Realty

Happy sellers in Cincinnati

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We have insufficient information to provide an overview of customer satisfaction for Cincinnati. Viewing the agent profiles, reviews and sales for Cincinnati can provide insights for this location.

Local market activity for apartments in Cincinnati

In the last 12 months, 2 apartments similar to 4259 Vine Street, have been sold.

This represents a 100% decrease in apartments sales when compared to the previous 12 months.

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