1219 Franklin Avenue, Cincinnati, OH 45237

Local realty services provided by:ERA Real Solutions Realty
1219 Franklin Avenue,Cincinnati, OH 45237
$375,000
  • - Beds
  • - Baths
  • 2,764 sq. ft.
  • Multi-family
  • Pending
Listed by: david arnow
Office: rath equity, ltd
MLS#:1858120
Source:OH_CINCY

Price summary

  • Price:$375,000
  • Price per sq. ft.:$135.67

About this home

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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Home facts

  • Year built:1941
  • Listing ID #:1858120
  • Added:300 day(s) ago
  • Updated:December 18, 2025 at 08:25 AM

Rooms and interior

  • Living area:2,764 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Electric, Gas, Radiant

Structure and exterior

  • Roof:Shingle
  • Year built:1941
  • Building area:2,764 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$135.67
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