Hyde Park 8-Unit
For Sale
Contact for pricing
3636 Besuden Ct, Cincinnati, OH 45208
Turnkey 8-unit portfolio in a prime Hyde Park location.
Property Size6,928 SF
Price / SF$144.20
Days on Market210
Property Features for 3636 Besuden Ct
General Information
Standard status
Active
Size
6,928 SF
Class
B
Property subtype
Multifamily
Zoning
Residential, Multi Family
Occupancy
87%
Net Operating Income
$16,525
Building Details
Year Built
1917
Buildings
2
Stories
2
Units
8
Listing Agency:
Coldwell Banker Realty - Cincinnati
Listed By:
Laura Benson · License #OH 2017001238
(513) 312-6429
Source:
Crexi
Added: Mar 23
Changed: Oct 8
Last Checked: Oct 16 at 6:59AM
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 Coldwell Banker Realty - Cincinnati
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is an 8-unit portfolio located in Hyde Park. The property contains a total of 6,928 square feet.
Key Highlights
- Turnkey Condition: Ready for immediate operation and income generation.
- 8‑Unit Portfolio: Offers substantial investment potential and a diversified income stream.
- Prime Hyde Park Location: A highly desirable area with strong rental demand.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,474
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,029,480
$1.0M
Cap Rate 7%
$735,343
$735.3K
Cap Rate 9%
$571,933
$571.9K
Market Conditions
NOI Build-Up for 6,928 SF
Gross rent
$98.9K $14.28/SF
− Vacancy
−$5.3K −$0.77/SF
EGI
$93.6K $13.51/SF
− OpEx
−$42.1K −$6.08/SF
NOI
$51.5K $7.43/SF
Area
Cincinnati, OH
Vacancy
5.40%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,029,480
Cap Rate 7%
$735,343
Cap Rate 9%
$571,933
Alternative Uses
Best Use
Apartment 5plus
$735.3K
$643.4K – $857.9K
NOI $51,474 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,403 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,683
Businesses Nearby
Explore this area
Business Placement
Demographics for 45208, OH
18,969
Population
8,928
Households
2.1
Avg Household Size
37
Median Age
83%
College-Educated
99%
High-School Grad
4.3 sq mi
ZIP Area
4,411
Density / Sq Mi
$133,213
Median Household Income
$76,143
Median Earnings
$1,315
Median Rent
$491,400
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
Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey 8-unit portfolio in a prime Hyde Park location.
Where is this apartment building located?
The property is located at 3636 Besuden Ct Cincinnati, OH.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Turnkey Condition: Ready for immediate operation and income generation.; 8‑Unit Portfolio: Offers substantial investment potential and a diversified income stream.; Prime Hyde Park Location: A highly desirable area with strong rental demand.
