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1025 Dana Ave, Cincinnati, OH, 45229

10beds
--baths
2,500sqft
$585,000
$234price/sqft
$4,321/moest. monthly cost
$172,840/yrincome needed

About This Home

Well-maintained five-unit multifamily property offering a total of 10 bedrooms and a strong rental history with potential for increased rental revenue. Currently operating at 80% occupancy with a turn-key vacant unit ready for immediate lease-up, providing opportunity to achieve a strong cap rate at full stabilization. Property features efficient and well-designed floor plans, beautiful hardwood floors throughout, on-site laundry, and off-street parking including attached carport spaces. Centrally located in desirable North Avondale, just minutes from Cincinnati's major medical corridor, steps from Xavier University, with easy access to all major interstates, downtown Cincinnati, and situated directly on the bus line. Same ownership as 974, 980, and 1029 Dana Ave., presenting potential for portfolio acquisition or streamlined management.

Getting Around

48
WalkingCar-Dependent
54
TransitGood Transit
39
BikeSomewhat Bikeable

Schools

8/10
Walnut Hills High SchoolGrades 5-120.6 mi
3/10

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Block
  • Roof: Shingle,Membrane
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment

Interior

Appliances

  • Laundry features: Coin Laundry

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 10

Features

  • Storage
  • Window features: Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Window Unit(s),Wall Unit(s),Separate Air Conditioning

Interior Area

  • Total structure area: 0
  • Total interior livable area: 2,500 sqft

Property

Details

  • Parcel number: 1080006004200
  • Zoning description: Multi Family

Features

  • Stories: 3
  • Exterior features: Balcony

Lot

  • Lot size: 8,842 sqft

Parking

  • Total spaces: 4
  • Parking features: Asphalt,Off Street,Driveway,Private
  • Has garage: Yes
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4
  • Carport: Yes