320 Pleasant Lebanon, OH 45036
MULTI_FAMILY - Lebanon, OH
Property Features for 320 Pleasant
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- APN
- 1336306020
- Size
- 2,402 SF
- Lot size
- 0.29 Acres
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1870
- Number of units
- 2
- Building materials
- Vinyl Siding, Wood Siding
- Roof type
- Shingle, Metal
Listing agent John Alley (513) 766-9200
Listing office Keller Williams Advisors 9277 Centre Pointe Dr, Cincinnati, OH (513) 227-9151
Listing date Jul 10, 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.
Investment Insights
Based on property information with market context.
Located near downtown Lebanon, the home is described as being close to restaurants and shopping, with placement on a quiet street.
The configuration is designed around the two separate living units while maintaining shared common space and laundry facilities.
Key Highlights
- Two‑unit property near downtown Lebanon with one 2‑bed unit and one 1‑bed unit
- Shared common area and shared laundry for both units
- Detached garage plus driveway parking
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 | $33.7k | $14.04 |
| − Vacancy | −$2.0k | −$0.84 |
| EGI | $31.7k | $13.20 |
| − OpEx | −$9.5k | −$3.96 |
| NOI | $22.2k | $9.24 |
