125 Park Avenue, Hamilton, OH 45013
- $1,250,000
- 30,381
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 1891956
- Property Type
- Multifamily
- Fireplace
- None
- Lot Size
- 28,179
- Levels
- Two
- County
- Butler
- Region
- Butler-W15
Property Description
Excellent 16-unit multifamily value-add opportunity offered at $1,250,000 ($78,125/unit). All units have been turned within the past year, with significant upside through interior renovations and rent increases of approximately $360/unit/month. A $400,000 improvement budget provides a clear path to reposition the property, increasing annual rental revenue by approximately $69,252 and moving NOI from $78,125 trailing-three-month annualized to $145,380 stabilized. Favorable lease rollover provides flexibility to begin renovations immediately.
/u.realgeeks.media/teamburress/logos/LOGO-BACKGROUND-2.jpg){kind=logo}
Additional Information
- Year Built
- 1908
- Acres
- 0.65
- Construction
- Brick
- Roof
- Membrane
- Basement Desc
- Full
- Garage/Carport
- None
- Garage Spaces
- 16
- Cooling
- Window Unit
- Heating
- Baseboard, Forced Air
- Sewer
- Public Sewer
- Water
- Public
- Primary Water Source
- Public
- School District
- Hamilton City SD
- Levels
- Two
- Foundation
- Block
- Gas
- Natural
- Fireplace
- None
Mortgage Calculator
Courtesy of Maxwell Wechter with Outside The Box Real Estate
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.