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1219 Franklin Avenue, Cincinnati, OH 45237

$375,000
2,764
SqFt
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Sold Price
$375,000
List Price
$375,000
Status
SOLD
MLS#
1858120
Closing Date
Dec 25, 2025
Lot Size
6,273
Levels
Two
Region
Hamilton-E02
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(513) 800-9299

Property Description

Turnkey 4-Unit in Bond Hill - Fully Renovated Investment Property. This 4-unit building in Bond Hill featuring high-end finishes throughout, including granite countertops, tile bathrooms, and modern fixtures. Each unit has been completely updated, offering top-of-the-line finishes and stable rental income. The property generates $48,000 in annual gross income with total expenses of $14,960, which include: Insurance: $2,660 Property Management (7.5%): $3,600 Heat & Electric (each unit separately metered): $3,337 Taxes: $2,963 Maintenance (5%): $2,400 At a $375,000 asking price, the property delivers an 8.8% cap rate. This is a turnkey asset fully renovated, fully leased, and generating cash flow from day one. Additionally, the seller would consider selling three nearby single-family homes in Bond Hill.

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Additional Information

Acres
0.14
Construction
Brick
Roof
Shingle
Basement Desc
Full
Garage Desc
Attached
Cooling
Window Unit
Heating
Electric, Radiant, Gas
Sewer
Public Sewer
Water
Public
School District
Cincinnati City SD
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Courtesy of David Arnow with Rath Equity, LTD

Courtesy of David Arnow with Rath Equity, LTD

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