1895 Kahn Avenue, Hamilton, OH 45011
MULTI_FAMILY - Hamilton, OH
- Added:
- Apr 16, 2026
- Days on Market:
- 59
- Last Refresh:
- Jun 13 at 7:06 pm
Property Features for 1895 Kahn Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Window features
- Vinyl Frames
- Standard status
- Active
- APN
- P6451-046-000-050
- Size
- 1,520 SF
- Lot size
- 0.08 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
- 8.03% Cap Rate with $66,237 Net Operating Income (NOI)
- Turnkey, Fully Stabilized, Income‑Producing 6‑Unit Portfolio (Three Duplexes)
- Low Operating Expenses, including only $3,973/Year in Total Real Estate Taxes
- 100% Occupied with Immediate In‑Place Income
- Tenants Pay Gas and Electric, Reducing Landlord Expenses
- Relatively Newer Construction (1997) with Minimal Maintenance Requirements
Overview
The portfolio is located at 1895 Kahn Avenue in Hamilton, Ohio, within Butler County (ZIP 45011). It is offered as three duplex buildings associated with parcels P6451-046-000-048 and P6451-046-000-049, with the listing indicating the related parcel information for other buildings.
For investors or owner-operators seeking a multifamily acquisition with immediate occupancy, this stabilized duplex portfolio presents a straightforward operational model: consistent 2/1 unit mix, landlord water/sewer responsibility only, and tenant-paid gas and electric. The seller’s remarks also frame the opportunity as low-expense and turnkey, anchored by the provided rent, NOI, and tax figures.
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
- -84.544426
- Latitude
- 39.37681