Mixed-Use Building with
For Sale
$205,000
Pending
28 Curtis Street, Middletown, OH 45044
Residential Income, Middletown, OH
Property Size4,532 SF
Lot Size0.10 Acres
Days on Market141
Property Features for 28 Curtis Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Window features
Vinyl Frames, Wood Frames
Patio and Porch features
Porch
Interior features
Storage Area
Exterior features
Porch, Balcony
Fireplace
1
High school district
Middletown City SD
Directions
From Central Ave., turn onto Curtis St. Property is on the right side of the street.
Subdivision
Butler-W19
Standard status
Pending
APN
Q6532-003.000-048
Size
4,532 SF
Lot size
0.10 Acres
Utilities
Heating system
Natural Gas
Building Details
Year built
1920
Number of units
4
Building materials
Vinyl Siding
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
ERA REAL Solutions Realty. LLC · ERA Real Estate
(513) 891-9300
Listed By:
Melvin Hart
(513) 283-4299
Added: May 19
Changed: Sep 24
Last Checked: Oct 6 at 10:06AM
MLS# 1879965
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.
Built in 1920, this 4,532-square-foot mixed-use property combines a barber shop area on the first floor with residential apartments above. The building includes storage space, a porch, balcony, vinyl siding, shingle roofing, natural-gas heating, and a fireplace. On-street parking serves the property, which occupies 0.101 acres.
Located at 28 Curtis Street in Middletown, Ohio, the property offers a two-level configuration with commercial and residential components under one roof. The building is offered as-is and requires updates, providing a straightforward opportunity to reposition the existing layout for continued mixed-use use.
Located at 28 Curtis Street in Middletown, Ohio, the property offers a two-level configuration with commercial and residential components under one roof. The building is offered as-is and requires updates, providing a straightforward opportunity to reposition the existing layout for continued mixed-use use.
Key Highlights
- First‑floor barber shop space with residential apartments on the second level
- 4,532‑square‑foot building on a 0.101‑acre lot
- Built in 1920 with vinyl siding and a shingle roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,223
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,460
$304.5K
Cap Rate 7%
$217,471
$217.5K
Cap Rate 9%
$169,144
$169.1K
Market Conditions
NOI Build-Up for 4,532 SF
Gross rent
$26.6K $5.88/SF
− Vacancy
−$2.3K −$0.51/SF
EGI
$24.4K $5.37/SF
− OpEx
−$9.1K −$2.02/SF
NOI
$15.2K $3.36/SF
Area
Butler County, OH
Vacancy
8.60%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,460
Cap Rate 7%
$217,471
Cap Rate 9%
$169,144
Alternative Uses
Best Use
Multifamily LT 5
$631.4K
$552.5K – $736.6K
NOI $44,198 @ 7.0% cap · market cap 21.56%
Second Best
Apartment 5plus
$581.0K
$508.4K – $677.9K
NOI $40,672 @ 7.0% cap · market cap 19.84%
Theoretical Best
Office A
$896.1K
$784.1K – $1.05M
NOI $62,725 @ 7.0% cap · market cap 30.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
855
Businesses Nearby
Explore this area
Business Placement
Demographics for 45044, OH
56,128
Population
21,645
Households
2.6
Avg Household Size
36
Median Age
30%
College-Educated
88%
High-School Grad
37.8 sq mi
ZIP Area
1,485
Density / Sq Mi
$71,942
Median Household Income
$40,568
Median Earnings
$1,034
Median Rent
$230,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor commercial space pairs with upper-level apartments and on-street parking.
Where is this mixed-use property located?
The property is located at 28 Curtis Street Middletown, OH.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: First‑floor barber shop space with residential apartments on the second level; 4,532‑square‑foot building on a 0.101‑acre lot; Built in 1920 with vinyl siding and a shingle roof
