Property summary
This exceptional investment opportunity presents a two-story, 5,710-square-foot retail building situated on a 0.126-acre lot in Cincinnati, Ohio. The property, located at 7609 Hamilton Avenue, boasts a compelling 9% projected cap rate and is priced at $445,000. Built in 1954 and extensively renovated in 2024 (including a new roof), the building comprises four units: two commercial spaces and two apartments. All four units are currently leased, providing immediate and consistent cash flow. A key tenant is the well-established Little Dutch Bakery, a local favorite that continues to thrive. The commercial tenants occupy the first floor, while the rental apartments are located on the second floor. This property offers a rare blend of stable income generation and significant upside potential, making it an ideal addition to any diversified investment portfolio. The property's prime location in Mt. Healthy ensures high visibility and accessibility for both commercial tenants and residential occupants. This is a turnkey investment opportunity with a strong tenant base and a recently completed renovation, minimizing immediate capital expenditure needs. The property's solid financial performance, coupled with its attractive location and recent upgrades, makes it a highly desirable asset in the Cincinnati market.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Supplier
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Department Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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