2335 May Street, Cincinnati, OH 45206

$1,100,000

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List Price
$1,100,000
Status
ACTIVE
MLS#
1886637
Property Type
Multifamily
Fireplace
None
Lot Size
2,483
Levels
Three
County
Hamilton
Region
Hamilton-E01

Property Description

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.

Additional Information

Acres
0.06
Construction
Brick
Roof
Membrane
Basement Desc
Full
Garage/Carport
None
Cooling
Window Unit
Heating
Gas
Sewer
Public Sewer
Water
Public
Primary Water Source
Public
School District
Cincinnati City SD
Levels
Three
Foundation
Stone
Gas
Natural
Fireplace
None
Miscellaneous
Coin Laundry, Smoke Alarm

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Jessica Bush with ERA REAL Solutions 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.