Twelve-Unit Townhouse
300 Sal Blvd Trenton, OH 45067
300 Sal Blvd, Trenton, OH, 45067
$1,500,000
For Sale
$1,500,000
Twelve 2-bedroom townhouse-style units in three adjacent four-unit buildings, separately parceled, built in 1996.
Property Size13,200 SF
Price / SF$113.64
Days on Market110
Property Features for 300 Sal Blvd
General Information
- Standard status
- Active
- Size
- 13,200 SF
- Property subtype
- Multifamily
Listing agency
Cincinnati Office
(513) 878-7712
Listed by
Austin Hall · License #OH: SAL.2022005913
(513) 878-7712
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 21 at 2:14AM Checked: Jul 21 at 2:59AM
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 Cincinnati Office
Investment Insights
Based on property information with market context.
This 12-unit multifamily property consists of three adjacent four-unit townhouse-style buildings, each separately parceled, providing flexibility for future disposition. Built in 1996, the asset totals approximately 13,200 rentable square feet and is made up entirely of 2-bedroom units.
The property is currently stabilized at 100% occupancy. Eight units have been renovated, and all units include washer and dryer hookups with tenant-paid utilities, supporting efficient day-to-day operations. The offering is positioned in the Trenton, Ohio submarket, located between Cincinnati and Dayton, with support cited in the remarks from average household income, population growth, and continued industrial and employment investment.
For buyers seeking a neatly configured townhouse-style rental portfolio, the combination of separately parceled buildings and in-unit laundry hookups can simplify management and potential future planning.
The property is currently stabilized at 100% occupancy. Eight units have been renovated, and all units include washer and dryer hookups with tenant-paid utilities, supporting efficient day-to-day operations. The offering is positioned in the Trenton, Ohio submarket, located between Cincinnati and Dayton, with support cited in the remarks from average household income, population growth, and continued industrial and employment investment.
For buyers seeking a neatly configured townhouse-style rental portfolio, the combination of separately parceled buildings and in-unit laundry hookups can simplify management and potential future planning.
Key Highlights
- 12‑unit multifamily property in Trenton, OH (Butler County) with all units as 2‑bedroom townhouse‑style units
- Three adjacent four‑unit townhouse buildings, separately parceled for flexibility for future disposition
- Built in 1996 with approximately 13,200 rentable SF total
Local Financial Insights For Apartment 5plus
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 | $232.8k | $17.64 |
| − Vacancy | −$17.5k | −$1.32 |
| EGI | $215.4k | $16.32 |
| − OpEx | −$96.9k | −$7.34 |
| NOI | $118.5k | $8.97 |
13,200 SF · lease $17.64/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.69M
$1.48M – $1.97M
NOI $118,461 @ 7.0% cap · market cap 7.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.04M
NOI $182,693 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Twelve 2-bedroom townhouse-style units in three adjacent four-unit buildings, separately parceled, built in 1996.
Where is this apartment building located?
The property is located at 300 Sal Blvd Trenton, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 12‑unit multifamily property in Trenton, OH (Butler County) with all units as 2‑bedroom townhouse‑style units; Three adjacent four‑unit townhouse buildings, separately parceled for flexibility for future disposition; Built in 1996 with approximately 13,200 rentable SF total
