325 Pike Street, Reading, OH 45215
Local realty services provided by:ERA Martin & Associates
325 Pike Street,Reading, OH 45215
$890,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: andrew kroeger, adam c. curry
Office: keller williams advisors513-766-9200
MLS#:1880736
Source:OH_CINCY
Price summary
- Price:$890,000
About this home
Located adjacent to Reading's Bridal District, this 12-unit multifamily property offers stable cash flow with significant upside potential. The unit mix consists of 11 one-bedroom units and 1 studio. Currently, 11 of 12 units are occupied, with potential gross monthly income of $10,140 at full occupancy. The property features a high-efficiency boiler heating system, window unit AC, and a paved 13-space parking lot. An implemented RUBS program helps offset owner utility expenses. Significant upside remains through rent increases to market rates.
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Home facts
- Year built:1965
- Listing ID #:1880736
- Added:22 day(s) ago
- Updated:June 26, 2026 at 06:05 PM
Heating and cooling
- Cooling:Wall Unit, Window Unit
- Heating:Gas, Hot Water
Structure and exterior
- Roof:Membrane
- Year built:1965
- Lot area:0.24 Acres
- Construction Materials:Brick
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$890,000
Parking
- Total parking spaces:13
- Parking description:Concrete, Lot, Off Street, Onstreet
- Garage:Yes
- Garage spaces:12
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