125 Park Avenue
Hamilton, OH 45013

$1,250,000

44 Photos

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Listing Details

$1,250,000
MLS# 1891956
Type Multi Unit - Multiple
Status Active

30,381
Square Feet
0.647 acres
Lot Size
1908
Year Built
Hamilton
Local Schools

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Local Information

Listed By

Agency Name: Outside The Box Real Estate
Agent Name: Maxwell Wechter
Agency Phone: 937-202-9001

Shown By

Agent Name: Jake Holznecht
Agent Phone: (937) 603-7638
Agency Title: Irongate Inc., Realtors

Home Value Estimate

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.

Features

Window Unit
0 Fireplace
Baseboard, Forced Air
2.0 Stories
$10,688 Taxes
Public
Built in 1908

Gallery

Listed By

Agency Name: Outside The Box Real Estate
Agent Name: Maxwell Wechter
Agency Phone: 937-202-9001

Shown By

Agent Name: Jake Holznecht
Agent Phone: (937) 603-7638
Agency Title: Irongate Inc., Realtors

Jake Holznecht Cell: (937) 603-7638 Email Me

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 09/10/2026. The listing information on this page last changed on 09/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/10/2026 12:10:53 AM EST) or Dayton MLS (last updated Wed 09/09/2026 11:46:50 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Wed 09/09/2026 11:53:33 PM EST) or Wrist MLS (last updated Wed 09/09/2026 11:24:23 PM EST). Real estate listings held by brokerage firms other than Irongate Inc., Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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blank	Principal	Taxes	INS / PMI	Other	Total
Monthly	$7,702.10	$890.67	$1,394.79	$0.00	$9,987.56
Yearly	$92,425.20	$10,688.04	$16,737.48	$0.00	$119,850.72
Total	$2,772,756.00	$320,641.20	$340,150.00	$0.00	$3,433,547.20

125 Park AvenueHamilton, OH 45013