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$812,000 Sold
7300 Shawnee Run Road, Madeira, OH 45243
About this home
This turnkey fourplex brings in nearly $7,000 per month. One of only a handful of apartments in the desirable city of Madeira, it commands strong rental demand and an excellent tenant base. Units feature granite countertops, hardwood floors, walk-in closets, and updated bathrooms. Recent updates include a new roof (2024), new gutters w/ gutter guards (2024), a new deck and stain w/ lifetime warranty (2024), a new water heater (2023), and all new electrical panels (2023). All units are 2 bed / 1 bath and on MTM leases. Rent roll available upon request, 7.8% cap rate. Owner/agent
Facts & features
Interior
- Bedrooms
- 8
Property
- Property Type
- Residential Income
- Year Built
- 1972
- Lot Size
- 0.25 acres
Listing details
- Price
- $812,000
- Status
- Sold
- Days on Market
- 1
- MLS Number
- 1830980
- Listing Agent
- Nicholas Valin
- Brokerage
- Comey & Shepherd
Features
- Style
- Multi Family
- Basement
- Full
- Heating
- Natural Gas
- Cooling
- Central Air
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Patio
- Deck, Patio
Location
Madeira, OH 45243
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