Multiple Offers, Offers to be left open until 11:59PM 2/28/2025. Fully Occupied 4-Unit Investment Property - 8.5%+ Cap Rate & $22K+ NOI! 5848 Shadymist is a prime income-generating multi-family property featuring four identical 2-bedroom, 1-bathroom units. Fully occupied with monthly gross rents of $4,168, this turnkey investment delivers over $22,000 in annual NOI and an impressive 8.5%+ cap rate. Each unit is well-maintained and tenant-friendly, offering spacious layouts, modern updates, and separate utilities to keep expenses low. Located in a high-demand rental area, this property ensures steady occupancy and strong long-term returns. A fantastic opportunity for both seasoned and first-time investors looking for immediate cash flow and long-term stability. Schedule your showing today!
Sold for $335,000 on 04/08/25
$335,000
5848 Shadymist Ln, Cincinnati, OH 45239
8beds
800sqft
Multi Family, Quadruplex
Built in 1960
-- sqft lot
$334,700 Zestimate®
$419/sqft
$1,411 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 16, 2025 at 09:12am
Listed by:
Mitch Huffman 513-515-8875,
Coldwell Banker Realty 513-922-9400
Bought with:
Jonathan V Price, 2018003625
Coldwell Banker Realty
Source: Cincy MLS,MLS#: 1831312
Originating MLS: Cincinnati Area Multiple Listing Service

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Individual, Gas
Cooling
- Window Unit(s), Separate Air Conditioning
Appliances
- Laundry: Coin Laundry
Features
- Windows: Vinyl, Insulated Windows
- Basement: Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 0
- Total interior livable area: 800 sqft
Property
Parking
- Total spaces: 10
- Parking features: Off Street, Driveway, Garage
- Attached garage spaces: 4
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City
Lot
- Size: 6,534 sqft
Details
- Parcel number: 2310001015000
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Gas: Natural
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cincinnati
Other
Other facts
- Listing terms: No Special Financing,Conventional
Services availability
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Estimated market value
$334,700