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$1,150,000 Sold

10916 Reading Road, Cincinnati, OH 45241

0.33 acres lot
Residential Income
Built in 1965
0.33 acres
11 days on market
MLS# 1869301

About this home

10916 Reading Road is a RARE 14-unit Multifamily opportunity in Sharonville, priced to sell at an 8.6% cap rate with strong in-place returns. The property features 11 one-bed units and 3 studios, generating $13,800 in monthly rent at full occupancy. Units include boiler heat and through-the-wall AC, with tenants paying separate electric, and RUBS implemented across all units. The property also offers 14 off-street parking spaces with a newly striped lot. Located next to Sharonville City Hall and across from the Queen City Sports Complex, currently undergoing a major renovation, the asset benefits from a prime location in a supply-constrained submarket.

Facts & features

Property

Property Type
Residential Income
Year Built
1965
Lot Size
0.33 acres

Listing details

Price
$1,150,000
Status
Sold
Days on Market
11
MLS Number
1869301
Listing Agent
Andrew Kroeger
Brokerage
Keller Williams Advisors

Features

Style
Apartment
Basement
Partial
Heating
Natural Gas, Hot Water
Cooling
Wall Unit
Roof
Shingle
Sewer
Public Sewer
Water
Public

Location

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