1891 Kahn Avenue, Hamilton, OH 45011
MULTI_FAMILY - Hamilton, OH
- Added:
- Apr 16, 2026
- Days on Market:
- 59
- Last Refresh:
- Jun 13 at 1:06 pm
Property Features for 1891 Kahn Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Window features
- Vinyl Frames
- Standard status
- Active
- APN
- P6451-046-000-049
- Size
- 1,520 SF
- Lot size
- 0.09 Acres
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 1997
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing agent Dylan Koch (513) 378-4663
Listing office Plum Tree Realty 9078 Union Centre Blvd Ste 350, West Chester, OH (513) 443-5060
Listing date Apr 16, 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.
HighLights
- 6‑unit duplex portfolio: three side‑by‑side duplexes sold together only
- All units are 2 bed/1 bath and 100% occupied for immediate in‑place income
- Gross annual rents total $88,800 ($7,400/month) and NOI is $66,237
- Stated 8.03% cap rate with real estate taxes at $3,973/year
- Tenants pay gas and electric; landlord responsibility listed as water/sewer only
- Built in 1997 with forced‑air natural gas heat; vinyl siding and shingle roof; off‑street parking
Overview
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 | $22.8k | $15.00 |
| − Vacancy | −$1.6k | −$1.07 |
| EGI | $21.2k | $13.93 |
| − OpEx | −$6.4k | −$4.18 |
| NOI | $14.8k | $9.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Butler
- State
- Ohio
- Longitude
- -84.544417
- Latitude
- 39.376891