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$975,000

2335 May Street, Cincinnati, OH 45206

0.06 acres lot
Residential Income
0.06 acres
38 days on market
MLS# 1886637

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

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