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$1,185,000 Sold
980 Dana Avenue, Cincinnati, OH 45229
About this home
Unique opportunity to acquire 974 Dana Ave and 980 Dana Ave as a package offering a combined total of 10 units and 21 bedrooms. Both buildings are 100% occupied with a strong rental history and consistent performance, presenting a stabilized investment in a highly desirable rental corridor. Offering a strong cap rate of approximately 7%. With well maintained units, the property features efficient and functional floor plans, beautiful hardwood floors throughout, on-site laundry, and off-street parking. Properties share a driveway and include two detached garages. Highly sought-after layouts continue to support strong tenant demand and long-term occupancy. Located in desirable North Avondale just minutes from Cincinnati's major medical corridor and steps from Xavier University. Easy access to all major interstates, downtown Cincinnati, and situated directly on the bus line. Same ownership as 1025 and 1029 Dana Ave, presenting additional portfolio potential.
Facts & features
Property
- Property Type
- Residential Income
- Year Built
- 1900
Listing details
- Price
- $1,185,000
- Status
- Sold
- Days on Market
- 13
- MLS Number
- 1868313
- Listing Agent
- Dania Barazi
- Brokerage
- The Barazi Group LLC
Features
- Style
- Apartment
- Basement
- Full
- Garage Spaces
- 2
- Heating
- Forced Air
- Cooling
- Window Unit(s), Central Air
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Patio
- Porch
Location
Cincinnati, OH 45229
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