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112-122 E McMillan 112-122 E McMillan St 24 Unit Apartment Building $2,625,000 ($109,375/Unit) 8.19% Cap Rate Cincinnati, OH 45219
Investment Highlights
- Original character and charm intact
- High ceilings and beautiful hardwood floors
- Sunny smart floor plans
Executive Summary
Landmark brownstone style row houses ideally situated at the south eastern corner of the University of Cincinnati main campus but also just a short walk to the Walnut Hills/Peebles Corner business district and only minutes to downtown Cincinnati. Beautiful hardwood floors, deep original moldings and soaring ceilings compliment the apartments that are flooded with natural light. Separate electric including Central Air. Tenants are charged back a monthly utility fee. 24 space parking lot in the rear of the building for extra income. Can be purchased with 61 William H Taft. Great addition to any portfolio!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Storage Space
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
- Walk To Campus
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | $1,263 | 560 - 680 |
| 2+1 | 6 | $1,428 | 690 |
1 1
Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 092-0002-0142 | Total Assessment | $293,357 |
| Land Assessment | $63,095 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $230,262 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
092-0002-0142
Land Assessment
$63,095
Improvements Assessment
$230,262
Total Assessment
$293,357
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2025
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112-122 E McMillan | 112-122 E McMillan St
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