




54 Gorman Ln, Cincinnati, OH, 45215
4beds
4baths
0sqft
$365,000
--price/sqft
$2,706/moest. monthly cost
$108,240/yrincome needed
About This Home
Well-maintained 4-unit multifamily featuring four identical 1-bedroom units, all currently occupied on month-to-month leases. Current signed rents total $4,000/month ($48,000 annually), offering a stabilized investment at approximately a 9% cap rate at current pricing. The property has been updated over time and provides a strong income-producing opportunity with flexibility for future operational adjustments. Includes coin-operated laundry and shared rear driveway. Ideal for investors seeking immediate cash flow.
Getting Around
36
39
38
Schools
6/10
6/10
Construction
Condition
- Year built: 1942
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Quadruplex
Interior
Appliances
- Laundry features: Coin Laundry
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Window features: Vinyl,Double Hung
- Fireplace features: None
Heating & Cooling
- Heating features: Radiant,Gas,Hot Water
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 6710002007300
- Zoning description: Residential,Multi Family
Features
- Levels: Two
- Stories: 2
Parking
- Total spaces: 8
- Parking features: Parking Lot,Off Street,Driveway,Private
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Has uncovered spaces: Yes
- Uncovered spaces: 4
