Address
2335 May Street, Cincinnati, OH
Price
$ 975,000
Property Attributes
- MLS#1886637
- TypeMulti-Family
- Listing Status Active
- CountyHAMILTON
- CityCincinnati
- AreaHamilton
- NeighborhoodWalnut Hills
- Zip45206
- Style
- Price$ 975,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.057 Acres
Data Source:
MLS of Greater Cincinnati (CABR)
Property Description
Exceptional investment opportunity in the heart of Walnut Hills! This stately Victorian 8-unit multifamily property offers a highly desirable unit mix of one-, two-, three-, and four-bedroom apartments, appealing to a broad tenant base. Currently 75% occupied, the property generates approximately $111,000 in annual gross income. Six of the eight units were thoughtfully renovated in 2022, minimizing near-term capital expenditures while enhancing rental appeal. Benefit from a valuable TIF tax abatement through 2032, providing significant long-term savings and improved cash flow. A turnkey, income-producing asset in one of Cincinnati's most sought-after and rapidly appreciating neighborhoods.
| Price History | |
|---|---|
| 7/14/2026 | Listed $1,100,000 |
| 8/11/2026 | 12$975,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Gas |
| Cooling | Window Unit |
| Roof | Membrane |
| Garage | None |
| Unit 4 Rent | 0.0 |
| Unit 2 Rent | 0.0 |
| Unit 3 Rent | 0.0 |
| Unit 1 Rent | 0.0 |
| Garage Spaces | 0.0 |
| Construction Materials | Brick |
| Levels | Three |
| Property Subtype | Apartment |
| County | Hamilton |
| Net Operating Income | 81244.0 |
| Property Type | Residential Income |
| Close Price | 0.0 |
| Status | Active |
| Directions | E McMillan to May St. |
| City | Cincinnati |
| High School District | Cincinnati City SD |
| Number Of Units Total | 8 |
| MLS Area | Hamilton-E01 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 2483.0 |
| Structure Type | Apartment 5+ |
Interior Features
| Basement | Full |
|---|---|
| Fireplace Features | None |
| Window Features | Vinyl |
Exterior Features
| Parking Features | Onstreet |
|---|---|
| Water Source | Public |
| Foundation Details | Stone |
| Lot Size Acres | 0.057 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 45206
Price
Visits
In The Neighborhood
Water Views
Cincinnati
$ 575,000
- Type
- Multi-Family
Listed by Kristen Carter of Keller Williams Advisors
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