Mixed-Use Building with
30 Seven Mile Avenue, New Miami, OH 45011
For Sale
$999,999
Residential Income, New Miami, OH
Property Size5,092 SF
Lot Size0.26 Acres
Price / SF$196.39
Days on Market180
Property Features for 30 Seven Mile Avenue
General Information
Property type
Property subtype
Window features
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Utilities
Heating system
Building Details
Year built
Number of units
Building materials
Roof type
Listing Agency:
ERA REAL Solutions Realty. LLC · ERA Real Estate
(513) 891-9300
Listed By:
Melvin Hart
(513) 283-4299
Added: May 16
Changed: Oct 27
Last Checked: Nov 11 at 1:06PM
MLS# 1879608
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.
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Investment Insights
Based on property information with market context.
At 30 Seven Mile Avenue in New Miami, this mixed-use property combines a convenience store and a recently added laundromat on the ground floor with three occupied apartments above. The 5,092-square-foot building dates to 1920 and occupies a 0.2609-acre parcel.
Block and brick construction, natural gas heating, and a shingle roof are among the building’s documented features. The property is located in Butler County, Ohio.
Block and brick construction, natural gas heating, and a shingle roof are among the building’s documented features. The property is located in Butler County, Ohio.
Key Highlights
- 5,092‑square‑foot mixed‑use building on a 0.2609‑acre parcel
- Three occupied apartments on the second floor
- Convenience store and recently added laundromat on the first floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,619
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,380
$1.1M
Cap Rate 7%
$765,986
$766.0K
Cap Rate 9%
$595,767
$595.8K
Market Conditions
NOI Build-Up for 5,092 SF
Gross rent
$76.4K $15.00/SF
− Vacancy
−$4.9K −$0.96/SF
EGI
$71.5K $14.04/SF
− OpEx
−$17.9K −$3.51/SF
NOI
$53.6K $10.53/SF
Area
Butler County, OH
Vacancy
6.40%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,380
Cap Rate 7%
$765,986
Cap Rate 9%
$595,767
Alternative Uses
Best Use
Specialty Retail
$766.0K
$670.2K – $893.7K
NOI $53,619 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$652.8K
$571.2K – $761.6K
NOI $45,697 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$1.01M
$880.9K – $1.17M
NOI $70,475 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
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Business Placement
Demographics for 45011, OH
73,596
Population
28,470
Households
2.6
Avg Household Size
38
Median Age
31%
College-Educated
88%
High-School Grad
60.4 sq mi
ZIP Area
1,218
Density / Sq Mi
$90,360
Median Household Income
$45,147
Median Earnings
$1,005
Median Rent
$272,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three occupied apartments sit above a convenience store and a recently added laundromat.
Where is this mixed-use property located?
The property is located at 30 Seven Mile Avenue New Miami, OH.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 5,092‑square‑foot mixed‑use building on a 0.2609‑acre parcel; Three occupied apartments on the second floor; Convenience store and recently added laundromat on the first floor
