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$375,000
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Property Description
Turnkey 4-Unit in Bond Hill - Fully Renovated Investment Property. This 4-unit building in Bond Hill featuring high-end finishes throughout, including granite countertops, tile bathrooms, and modern fixtures. Each unit has been completely updated, offering top-of-the-line finishes and stable rental income. The property generates $48,000 in annual gross income with total expenses of $14,960, which include: Insurance: $2,660 Property Management (7.5%): $3,600 Heat & Electric (each unit separately metered): $3,337 Taxes: $2,963 Maintenance (5%): $2,400 At a $375,000 asking price, the property delivers an 8.8% cap rate. This is a turnkey asset fully renovated, fully leased, and generating cash flow from day one. Additionally, the seller would consider selling three nearby single-family homes in Bond Hill.
Full Property Details
Full Property Details for 1219 Franklin Ave
General
- Sold For: $375,000
- Taxes: $2,963
- Status: Closed
- Type: Multi-Family
- Source: Cincinnati
- MLS ID: 1858120
- Added to Site: 95 day(s) ago
Parking
- Total Spaces: 4
- Parking: Concrete
- Garage Description: Attached
Location
- Area: Bond Hill
- County: Hamilton
School Information
- School District: Cincinnati City SD
- High School District: Cincinnati City SD
Heating & Cooling
- Cooling Type: Window Air Conditioning
- Heating Type: Electric, Radiant, Gas
- Heating Fuel: Natural
Utilities
- Separate Gas/Elect: Yes
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Two Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Poured
- Roof: Shingle
- Windows: Casement
- Stories/Levels: Two
- Square Feet: 2,764
- Year Built: 1941
Unit Information
- 1 Bedroom Units: 4
Lot Features
- Lot Size (Acres): 0.144
- Lot Size (Sq. Ft.): 6,273
- Zoning: Multi Family
Financial Considerations
- Semi-Annual Taxes: $1481
- Tax Amount: $2,963
- Tenant Expense: Water
- Pays Heat: Owner
- Pays Water: Tenant
Disclosures and Reports
- Documents Avail.: Aerial Photo, Copy of Lease, Rent Roll
- APN: 131-0004-0013-00
Listed by Rath Equity, LTD (513) 888-8669, David Arnow
Sold by NonMember Firm (NONMEM) 513-000-0000, Non Member
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Schools
Schools serving 1219 Franklin Ave
School District:Cincinnati City School District
| Name | Grades | Distance |
|---|---|---|
Bond Hill Academy Elementary School 1510 California Avenue, Cincinnati, OH 45237 | PK-6 | 0.4 mi |
Woodward Career Technical High School 7005 Reading Road, Cincinnati, OH 45237 | 7-12 | 1.2 mi |
Walnut Hills High School 3250 Victory Parkway, Cincinnati, OH 45207 | 7-12 | 2.4 mi |
Clark Montessori High School 3030 Erie Avenue, Cincinnati, OH 45208 | 7-12 | 3.5 mi |
Hughes STEM High School 2515 Clifton Avenue, Cincinnati, OH 45219 | 7-12 | 4 mi |
Robert A. Taft Information Technology High School 420 Ezzard Charles Drive, Cincinnati, OH 45214 | 7-12 | 5.1 mi |
Withrow University High School 2488 Madison Road, Cincinnati, OH 45208 | 7-12 | 2.7 mi |
Shroder Paideia High School 5030 Duck Creek Road, Cincinnati, OH 45227 | 7-12 | 3.7 mi |
Aiken New Tech High School 5641 Belmont Avenue, Cincinnati, OH 45224 | 7-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1219 Franklin Ave
Date
Details
Price
Change
Source
12/25/2025
Sold
$375,000
—
MLS
10/13/2025
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1219 Franklin Avenue, Cincinnati, OH 45237 (MLS# 1858120) is a Multi-Family property that was sold at $375,000 on December 25, 2025. Want to learn more about 1219 Franklin Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bond Hill? You can browse all Bond Hill real estate or contact a Coldwell Banker agent to request more information.

