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16-Unit Apartment Building
New
For Sale
$1,250,000

125 Park Ave, Hamilton, OH 45013

Apartment property with a 16-unit residential configuration in Hamilton, Ohio.

Property Size17,600 SF
Days on Market5

Property Features for 125 Park Ave

General Information

Standard status Active
Size 17,600 SF
Property subtype Multifamily

Additional Details

Cap Rate 6.5%
Multifamily Units 16

Amenities

$360 per unit per month in rental upside
$69,252 more a year in rental revenue
Lease flexibility enables renovation project to start immediately

Building Details

Building Size 17,600 SF
Buildings 1
Units 16
Listing Agency: Cincinnati Office
Listed By: Jordan Dickman · License #License(s): OH: SAL.2014001272
Source: Marcusmillichap
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 31 at 1:06PM

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 Cincinnati Office

Investment Insights

Based on property information with market context.

Park Terrace is a multifamily apartment property at 125 Park Ave in Hamilton, Ohio. The building contains 16 residential units and is offered for sale.

Key Highlights

  • 16‑unit apartment building
  • Located at 125 Park Ave, Hamilton, OH 45013

Property Analytics

Current Use

Park Terrace Apartment ... Apartment Building

Suggested Use

Top Pick Cafe & Coffee Shop Carpet & Flooring Store Home Appliance Store Bakery (Bike/Boat/Book/etc) Store Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,237
Businesses Nearby

Demographics for 45013, OH

53,911
Population
21,734
Households
2.5
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
117.7 sq mi
ZIP Area
458
Density / Sq Mi
$72,932
Median Household Income
$40,730
Median Earnings
$967
Median Rent
$217,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with a 16-unit residential configuration in Hamilton, Ohio.
Where is this apartment building located?
The property is located at 125 Park Ave Hamilton, OH.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 16‑unit apartment building; Located at 125 Park Ave, Hamilton, OH 45013
More about this property
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