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4-Unit Short-Term Rental Property

1228 Bates Avenue, Cincinnati, OH 45225

For Sale
Contact for pricing

Two updated buildings offer private-entry accommodations connected by a shared courtyard and driveway.

Property SizeContact for details
Days on Market20

Property Features for 1228 Bates Avenue

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multifamily

Site & Location

Neighborhood Camp Washington
Road Access Yes

Units

Unit Mix 3 x 2BR, 1 x 3BR
Multifamily Units 4

Additional Details

Currently Operating Yes

Amenities

courtyard
laundry

Building Details

Buildings 2
Listing Agency: Keller Williams Advisors
Listed By: Maurie Hornsby · License OH #2020001195
Source: Crexi
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 4:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Advisors

Rey
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Investment Insights

Based on property information with market context.

The property comprises two renovated buildings with four units: three two-bedroom layouts and one three-bedroom layout. Each residence has a separate entrance, and interior improvements include updated kitchens, bathrooms and laundry. A shared driveway and courtyard connect the buildings, with six parking spaces on site.

Located in Camp Washington just off Colerain, the property is near Mom 'n 'em Coffee and Camp Washington Chili. Downtown, the University of Cincinnati, hospitals and Cincinnati's urban core are also nearby. The units are currently used as short-term rentals.

Key Highlights

  • Two renovated buildings with four units
  • Unit mix includes three 2‑bedroom units and one 3‑bedroom unit
  • Separate private entrance for each unit

Property Analytics

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Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

770
Businesses Nearby

Demographics for 45225, OH

8,006
Population
4,694
Households
1.7
Avg Household Size
28
Median Age
9%
College-Educated
79%
High-School Grad
2.9 sq mi
ZIP Area
2,761
Density / Sq Mi
$22,320
Median Household Income
$20,948
Median Earnings
$639
Median Rent
$108,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Two updated buildings offer private-entry accommodations connected by a shared courtyard and driveway.
Where is this short term rental property located?
The property is located at 1228 Bates Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Two renovated buildings with four units; Unit mix includes three 2‑bedroom units and one 3‑bedroom unit; Separate private entrance for each unit
(513) 766-9200 · Office Call to check price and availability
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