1 / 65
$975,000
2335 May Street, Cincinnati, OH 45206
About this home
Exceptional investment opportunity in the heart of Walnut Hills! This stately Victorian 8-unit multifamily property offers a highly desirable unit mix of one-, two-, three-, and four-bedroom apartments, appealing to a broad tenant base. Currently 75% occupied, the property generates approximately $111,000 in annual gross income. Six of the eight units were thoughtfully renovated in 2022, minimizing near-term capital expenditures while enhancing rental appeal. Benefit from a valuable TIF tax abatement through 2032, providing significant long-term savings and improved cash flow. A turnkey, income-producing asset in one of Cincinnati's most sought-after and rapidly appreciating neighborhoods.
Facts & features
Property
- Property Type
- Residential Income
- Year Built
- 0
- Lot Size
- 0.06 acres
Listing details
- Price
- $975,000
- Status
- Active
- Days on Market
- 38
- MLS Number
- 1886637
- Listing Agent
- Jessica Bush
- Brokerage
- ERA REAL Solutions Realty. LLC
Features
- Style
- Apartment
- Basement
- Full
- Heating
- Natural Gas
- Cooling
- Window Unit(s)
- Roof
- Membrane
- Sewer
- Public Sewer
- Water
- Public
Location
Cincinnati, OH 45206
Request a tour
Similar homes
Canceled
$865,900
3 bds|4 ba|3,157 sqft - Canceled
3912 Edwards Road, Cincinnati, OH 45209
Ohio Property Group, LLC
$850,000
4 bds|4 ba|2,748 sqft - Closed
3550 Michigan Avenue, Cincinnati, OH 45208
Comey & Shepherd
$795,000
3 bds|4 ba|2,165 sqft - Closed
3003 Riverside Drive, Cincinnati, OH 45226
Coldwell Banker Realty
Active
$889,000
3 bds|3 ba|2,730 sqft - Active
271 Strader Avenue, Cincinnati, OH 45226
Keller Williams Advisors