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238 S Wayne Avenue

Lockland, OH 45215
  • $985,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 1832347
UPDATED: 61 min ago
$985,000
  • 0
    BEDS
  • 0.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Ratings & Info

School District:
MLS of Greater Cincinnati logo

Description

Welcome to an exceptional investment opportunity in Cincinnati! This 12-unit apartment building, located at 238 S Wayne Ave, offers a fantastic chance to expand your real estate portfolio. Built in 1969, this two-story complex is situated in a prime location, providing easy access to shopping, dining, and public transportation. Each unit is designed for comfort and convenience, with potential for increases in the rent to market rates. The property boasts ample parking, a well-maintained exterior, and a layout that ensures tenant satisfaction. Investors will appreciate the steady rental demand in the area and the opportunity for long-term growth. Whether you're looking to add to your existing portfolio or start fresh with a promising multi-family investment, this 12-unit building is an excellent choice.

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MLS of Greater Cincinnati logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocityâ„¢ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Apex Group | Keller Williams are marked with the Broker Reciprocityâ„¢ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Apex Group | Keller Williams. Data last updated 2025-03-21T08:13:35.1.
www.searchnorthernkentucky.com/homes/161198960
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238 S Wayne Avenue Lockland, OH 45215

  • Price: $985,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 61 min ago
  • MLS #: 1832347
0
Beds
0
Baths
0
½ Baths
0.54
Acres
1969
Built
Neighborhood:
Lockland
County:
Hamilton
Area:
Lockland
School District:
Lockland City SD
Property Description
Welcome to an exceptional investment opportunity in Cincinnati! This 12-unit apartment building, located at 238 S Wayne Ave, offers a fantastic chance to expand your real estate portfolio. Built in 1969, this two-story complex is situated in a prime location, providing easy access to shopping, dining, and public transportation. Each unit is designed for comfort and convenience, with potential for increases in the rent to market rates. The property boasts ample parking, a well-maintained exterior, and a layout that ensures tenant satisfaction. Investors will appreciate the steady rental demand in the area and the opportunity for long-term growth. Whether you're looking to add to your existing portfolio or start fresh with a promising multi-family investment, this 12-unit building is an excellent choice.
Exterior Features

Construction Materials Brick Exterior Features Patio Foundation Details Poured Garage None Levels Two Open Parking Spaces 12 Parking Features AsphaltLotOff StreetOnstreet Roof Membrane View City

Interior Features

Appliances Include Oven/RangeRefrigeratorinWall AC (12) Basement Full Cooling Window Unit Efficiency Sq Ft 0 Efficiency Units 0 Fireplace Features None Fireplaces 0 Heating Gas Interior Features Security System Separate Air Conditioning Yes Unit1 Rooms 0 Unit2 Rooms 0 Unit3 Rooms 0 Unit4 Rooms 0 Window Features Vinyl

Property Features

Auction No Efficiency Rent 0 Gas Natural Gas And Electric 4905 Gross Income 105013 Heat Paid Owner Insurance Expense 3600 Maintenance Expense 4700 Miscellaneous Coin Laundry Mls Area Hamilton-E03 Net Operating Income 71304 New Construction YN No New Taxes Expense 11410 Other Expense 2159 Other Features Corp Owned Property Sub Type Apartment Semi Annual Taxes $5705 Separate Furnace No Separate Gas Elect Yes Sewer Public Sewer Special Financing No Subdivision Name Lockland Township Lockland City Unit1 Rent 0 Unit2 Rent 0 Unit3 Rent 0 Unit4 Rent 0 Waste Removal 1762 Water Paid Owner Water Sewer Expense 5173 Water Source Public Zoning Multi Family

MLS of Greater Cincinnati logo © 2025 MLS of Greater Cincinnati, Inc. All rights reserved. Listing courtesy of Keller Williams Seven Hills Re, 513-371-5070 and Jonathan Hardy, . Information deemed reliable but not guaranteed.
MLS of Greater Cincinnati logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocityâ„¢ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Apex Group | Keller Williams are marked with the Broker Reciprocityâ„¢ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Apex Group | Keller Williams. Data last updated 2025-03-21T08:13:35.1.
 
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