1460 Parrish Avenue Hamilton, OH 45011
MULTI_FAMILY - Hamilton, OH
Property Features for 1460 Parrish Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Window features
- Vinyl Frames
- Exterior features
- Balcony, Wood Fence
- Fencing
- Wood
- Standard status
- Pending
- APN
- P6451-038-000-024
- Size
- 1,904 SF
- Lot size
- 0.09 Acres
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 1909
- Number of units
- 2
- Building materials
- Aluminum Siding
- Roof type
- Shingle
Listing agent John Ervin (513) 378-4663
Listing office Plum Tree Realty 9078 Union Centre Blvd Ste 350, West Chester, OH (513) 443-5060
Listing date May 29, 2026
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Fully rehabbed duplex with new roof, electrical, water heater, and HVAC systems.
- Two units: a 2 bed/1 bath upstairs and a 1 bed/1 bath downstairs.
- Turnkey investment or owner‑occupant opportunity.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.6k | $15.00 |
| − Vacancy | −$2.0k | −$1.07 |
| EGI | $26.5k | $13.93 |
| − OpEx | −$8.0k | −$4.18 |
| NOI | $18.6k | $9.75 |
