Log In/Sign Up
Your email has been sent.
Straight Street Apartments 650-660 Straight St 46 Unit Apartment Building $3,490,000 ($75,870/Unit) 9.01% Cap Rate Cincinnati, OH 45219
Investment Highlights
- Roofs replaced in 2020
- Updated and/or new exterior security doors
Executive Summary
46 Unit cash flowing property just blocks from the University of Cincinnati on a growing Street. This property boasts low vacancy and strong rental history. Call today to schedule a tour!
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
| Price | $3,490,000 | Building Class | C |
| Price Per Unit | $75,870 | Lot Size | 1.09 AC |
| Sale Type | Investment | Building Size | 26,000 SF |
| Cap Rate | 9.01% | Average Occupancy | 98% |
| No. Units | 46 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.09/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM2, Cincinnati | ||
| Price | $3,490,000 |
| Price Per Unit | $75,870 |
| Sale Type | Investment |
| Cap Rate | 9.01% |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 26,000 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.09/1,000 SF |
| Zoning | RM2, Cincinnati |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | $775.00 | 324 - 550 |
| 1+1 | 26 | $880.00 | 700 |
| 2+1 | 10 | $950.00 | 800 - 808 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 098-0002-0110 | Total Assessment | $6,668 |
| Land Assessment | $1,225 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $5,443 | Tax Year | 2025 |
Property Taxes
Parcel Number
098-0002-0110
Land Assessment
$1,225
Improvements Assessment
$5,443
Total Assessment
$6,668
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 33
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
Straight Street Apartments | 650-660 Straight St