Search
4-Unit Brick Quadplex

58 Gorman Lane, Reading, OH 45215

For Sale
$324,900

Two-bedroom and studio apartments are complemented by on-site laundry, storage, and off-street parking.

Property SizeContact for details
Days on Market122

Property Features for 58 Gorman Lane

General Information

Standard status Active
Property subtype Multi Family Home
Zoning Multi Family
Occupancy 100%

Units

Unit Mix 2 x 2BR, 2 x Studio
Multifamily Units 4

Additional Details

Tenant in Place Yes

Amenities

off-street parking
on-site storage
coin laundry
Storage Area

Building Details

Year Built 1942
Buildings 1
Units 4
Construction brick
Tenancy Multi
Listing Agency: Ohio Property Group, LLC
Listed By: Glen Whitten · License #2002023149
Source: Galbraithrealtors
Added: Jul 9 Changed: Nov 6 Last Checked: Nov 7 at 2:49PM

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 Ohio Property Group, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1942 quadplex is a fully leased, all-brick building with four apartments: two two-bedroom units and two studios. Recent unit renovations include hardwood or premium vinyl plank flooring, refreshed counters and cabinets, and updated bathrooms. Appliances and air-conditioning units are included.

Residents pay their own electricity and cooking gas; the owner covers central heat, water, and trash. On-site amenities include coin-operated laundry, storage, and off-street parking. The apartments have a mix of lease arrangements, including one month-to-month tenancy and fixed terms ending September 30, 2026, October 8, 2026, and March 20, 2027.

Key Highlights

  • Fully leased, four‑apartment brick building constructed in 1942
  • Two 2‑bedroom apartments and two studio apartments
  • Renovated interiors feature hardwood or premium vinyl plank floors, updated counters, cabinets, and baths

Property Analytics

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

Demographics for 45215, OH

30,993
Population
13,735
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
92%
High-School Grad
12.0 sq mi
ZIP Area
2,583
Density / Sq Mi
$71,949
Median Household Income
$45,976
Median Earnings
$954
Median Rent
$200,100
Median Home Value

Market

Average Price Trend$/SF for Quadplexes in Hamilton County, OH

$139 Jul
$112 Aug
$114 Sep
$132 Oct

Properties on Market for Quadplexes in Hamilton County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Two-bedroom and studio apartments are complemented by on-site laundry, storage, and off-street parking.
Where is this quadplex located?
The property is located at 58 Gorman Lane Reading, OH.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Fully leased, four‑apartment brick building constructed in 1942; Two 2‑bedroom apartments and two studio apartments; Renovated interiors feature hardwood or premium vinyl plank floors, updated counters, cabinets, and baths
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved