1219 Franklin Avenue, Cincinnati, OH 45237

• 2,764 sqft

Property Description

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.

Listing Status:

Active

Date Added:

October 13, 2025 at 05:00AM

Listing Office:

Rath Equity, LTD : 513-888-8669

Listing Agent:

David Arnow : 513 8140595

MLS ID:

1858120

Interior

• Basement: Full
• Fireplace: None

Exterior

• Parking: Concrete

Construction

• Roofing: Shingle
• Windows: Casement
• General: BrickPoured

Location

• Originating MLS: Cincinnati Multiple Listing Service
• School District: Cincinnati City SD
• County: Hamilton

Lot

• Zoning: 131-0004-0013-00

Utilities

• Water: Public

Financial

• Source: Cincinnati Multiple Listing Service

This listing courtesy of David Arnow, Rath Equity, LTD