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513-486-4479
Real Estate Company
1205 Ryland Avenue, Cincinnati, OH 45237
- $365,000
- List Price
- $365,000
- Status
- ACTIVE
- MLS#
- 1879260
- Property Type
- Multifamily
- Price Change
- ▼ $10,000 1790668546
- Fireplace
- None
- Lot Size
- 5,401
- Levels
- Two
- County
- Hamilton
- Region
- Hamilton-E02
Property Description
Located in the growing community of Bond Hill, this thoughtfully updated quadplex offers a rare turnkey investment opportunity. Whether you are an experienced investor looking to expand your portfolio or just seeking strong cash flow from day one, this property is for you. With leases already in place, you can begin generating income immediately without the hassle of renovations or finding tenants. Current annual rents of $45,600 offer over an 8.5% cap rate and meets the 1% rule. Conveniently positioned for public transportation with quick access to major highways, the property offers an ideal location for commuters and long-term tenant demand. Residents also appreciate the shared on-site laundry and private storage in both the basement and detached garage. Don't miss this income-producing asset in an area experiencing continued investment and growth. Opportunities like this do not come along often especially updated multifamily properties with stabilized occupancy already in place!
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Additional Information
- Year Built
- 1928
- Acres
- 0.12
- Construction
- Brick
- Roof
- Shingle
- Basement Desc
- Full
- Garage/Carport
- Detached
- Cooling
- Window Unit
- Heating
- Gas
- Sewer
- Public Sewer
- Water
- Public
- Primary Water Source
- Public
- School District
- Cincinnati City SD
- Levels
- Two
- Foundation
- Poured
- Gas
- Natural
- Fireplace
- None
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Courtesy of Randy Creech with Red 1 Realty, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.