325 Pike Street, Reading, OH 45215

Reading
Local realty services provided by:ERA Martin & Associates
325 Pike Street,Reading, OH 45215
$890,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
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:69 day(s) ago
  • Updated:August 12, 2026 at 07:53 AM

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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