11-Unit Furnished Apartment
205 E Vine St, Oxford, OH 45056
For Sale
New
$1,600,000
The unit mix includes two- and three-bedroom apartments, with on-site laundry and parking.
Property Size9,594 SF
Price / SF$166.77
Days on Market2
Property Features for 205 E Vine St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Gross Income
Tenant in Place
Amenities
on-site parking
coin-operated laundry facilities
central air conditioning
Building Details
Year Built
Listing Agency:
Ellis And Associates
(513) 424-4500
Listed By:
Streetlight Realty
(937) 626-4181
Source:
Streetlightrealtors
Added: Nov 10
Last Checked: Nov 10 at 2:34PM
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 Ellis And Associates
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Investment Insights
Based on property information with market context.
The Vines is an 11-unit apartment property totaling 9,594 square feet, built in 1973. Its configuration includes ten two-bedroom apartments and one three-bedroom apartment. Nine units received furnishings in 2026. Building amenities include central air conditioning, coin-operated laundry, and on-site parking.
Located at 205 E Vine St in Oxford, the property is minutes from Miami University's campus and Uptown Oxford. Tenants pay gas and electric, while water, sewer, and trash are paid by the owner. Gross rental income for 2026–2027 is $144,000.
Located at 205 E Vine St in Oxford, the property is minutes from Miami University's campus and Uptown Oxford. Tenants pay gas and electric, while water, sewer, and trash are paid by the owner. Gross rental income for 2026–2027 is $144,000.
Key Highlights
- 11 apartments: ten 2‑bedroom units and one 3‑bedroom unit
- 9,594 square feet; built in 1973
- Nine units furnished in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,100
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,722,000
$1.7M
Cap Rate 7%
$1,230,000
$1.2M
Cap Rate 9%
$956,667
$956.7K
Market Conditions
NOI Build-Up for 9,594 SF
Gross rent
$169.2K $17.64/SF
− Vacancy
−$12.7K −$1.32/SF
EGI
$156.5K $16.32/SF
− OpEx
−$70.4K −$7.34/SF
NOI
$86.1K $8.97/SF
Area
Butler County, OH
Vacancy
7.50%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,722,000
Cap Rate 7%
$1,230,000
Cap Rate 9%
$956,667
Alternative Uses
Best Use
Apartment 5plus
$1.23M
$1.08M – $1.44M
NOI $86,100 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,785 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
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Business Placement
Demographics for 45056, OH
28,892
Population
9,702
Households
3
Avg Household Size
25
Median Age
54%
College-Educated
97%
High-School Grad
74.7 sq mi
ZIP Area
387
Density / Sq Mi
$53,413
Median Household Income
$9,944
Median Earnings
$1,004
Median Rent
$247,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The unit mix includes two- and three-bedroom apartments, with on-site laundry and parking.
Where is this apartment building located?
The property is located at 205 E Vine St Oxford, OH.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 11 apartments: ten 2‑bedroom units and one 3‑bedroom unit; 9,594 square feet; built in 1973; Nine units furnished in 2026
