5848 Shadymist Lane, Cincinnati, OH 45239

$335,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$335,000
List Price
$329,900
Status
SOLD
MLS#
1831312
Closing Date
Apr 08, 2025
Lot Size
6,534
Levels
Two
Region
Hamilton-W09

Property Description

Multiple Offers, Offers to be left open until 11:59PM 2/28/2025. Fully Occupied 4-Unit Investment Property - 8.5%+ Cap Rate & $22K+ NOI! 5848 Shadymist is a prime income-generating multi-family property featuring four identical 2-bedroom, 1-bathroom units. Fully occupied with monthly gross rents of $4,168, this turnkey investment delivers over $22,000 in annual NOI and an impressive 8.5%+ cap rate. Each unit is well-maintained and tenant-friendly, offering spacious layouts, modern updates, and separate utilities to keep expenses low. Located in a high-demand rental area, this property ensures steady occupancy and strong long-term returns. A fantastic opportunity for both seasoned and first-time investors looking for immediate cash flow and long-term stability. Schedule your showing today!

Additional Information

Acres
0.15
Construction
Brick
Roof
Shingle
View
City
Basement Desc
Full
Garage Desc
Attached, Rear
Garage Spaces
4
Cooling
Window Unit
Heating
Individual, Gas
Sewer
Public Sewer
Water
Public
School District
Cincinnati City SD

How Much Is Your Home Worth?

Get Your Instant Home Value

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Mitch Huffman with Coldwell Banker Realty

Courtesy of Mitch Huffman with Coldwell Banker Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.