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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

    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!

    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#: 1831312MLS LogoOriginating 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