Four-Unit Quadplex with
For Sale
$450,000
6335 Beechmont Ave, Cincinnati, OH 45230
Income-producing residential property with updated exterior siding, replaced AC units, and assigned off-street parking.
Property Size4,284 SF
Price / SF$105.04
Days on Market20
Property Features for 6335 Beechmont Ave
General Information
Standard status
Active
Size
4,284 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Listing Agency:
Coldwell Banker Realty
(513) 616-0409
Listed By:
William Draznik
(513) 616-0409
Source:
Exprealty
Added: Aug 3
Changed: Aug 20
Last Checked: Aug 21 at 2:01PM
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
Investment Insights
Based on property information with market context.
This four-unit quadplex contains 4,284 square feet and offers a mix of leased, month-to-month, and vacant occupancy. Units 1 and 2 are leased, Unit 4 is occupied on a month-to-month basis, and Unit 3 is vacant and available for showings. Occupied units may be shown after the property is under contract.
Located at 6335 Beechmont Ave in Cincinnati, the property is walkable to Kroger, schools, and parks. Improvements include new Hardie board siding and AC units replaced in 2022. Ample assigned off-street parking serves the four-unit configuration.
Located at 6335 Beechmont Ave in Cincinnati, the property is walkable to Kroger, schools, and parks. Improvements include new Hardie board siding and AC units replaced in 2022. Ample assigned off-street parking serves the four-unit configuration.
Key Highlights
- Four‑unit quadplex with 4,284 square feet
- Units 1 and 2 are leased; Unit 4 is month‑to‑month
- Unit 3 is vacant and available for showings
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,894
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$717,880
$717.9K
Cap Rate 7%
$512,771
$512.8K
Cap Rate 9%
$398,822
$398.8K
Market Conditions
NOI Build-Up for 4,284 SF
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.
Gross rent
$54.5K $12.72/SF
− Vacancy
−$3.2K −$0.75/SF
EGI
$51.3K $11.97/SF
− OpEx
−$15.4K −$3.59/SF
NOI
$35.9K $8.38/SF
Area
Cincinnati, OH
Vacancy
5.90%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$717,880
Cap Rate 7%
$512,771
Cap Rate 9%
$398,822
Alternative Uses
Best Use
Multifamily LT 5
$512.8K
$448.7K – $598.2K
NOI $35,894 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$454.7K
$397.9K – $530.5K
NOI $31,830 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$851.6K
$745.2K – $993.5K
NOI $59,612 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Explore this area
Business Placement
Demographics for 45230, OH
27,718
Population
11,987
Households
2.3
Avg Household Size
40
Median Age
54%
College-Educated
97%
High-School Grad
13.7 sq mi
ZIP Area
2,023
Density / Sq Mi
$87,100
Median Household Income
$53,900
Median Earnings
$962
Median Rent
$237,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing residential property with updated exterior siding, replaced AC units, and assigned off-street parking.
Where is this quadplex located?
The property is located at 6335 Beechmont Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit quadplex with 4,284 square feet; Units 1 and 2 are leased; Unit 4 is month‑to‑month; Unit 3 is vacant and available for showings
