1891 Kahn Ave Hamilton, OH 45011
East Hamilton NeighborhoodEstimated payment $1,593/month
About This Home
Turnkey 6-Unit Duplex Portfolio | 8.03% Cap | $66K NOI | Low Taxes Fully stabilized, income-producing portfolio consisting of three side-by-side duplexes in Hamilton, OH. This offer delivers an 8.03% cap rate with $66,237 NOI and $88,800 in gross annual rents ($7,400/month). Properties feature extremely low operating expenses, including $3,973/year total real estate taxes, creating strong and predictable cash flow. Tenants pay gas and electric, further reducing owner expenses, with landlord responsible for water/sewer only. Built in 1997, the assets offer newer construction relative to the area with minimal maintenance requirements. All units are 2b/1ba and is 100% occupied, providing immediate in-place income from day one. Ideal for investors seeking a low-maintenance, high-yield addition to their portfolio with strong fundamentals and operational simplicity. All three duplexes are being sold together only. See parcels P6451-046-000-048 & P6451-046-000-050 for other buildings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,326
Year Built
- Built in 1997
Lot Details
- 3,777 Sq Ft Lot
Parking
- 3 Open Parking Spaces
- 3 Car Garage
- Off-Street Parking
Home Design
- Poured Concrete
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,520 Sq Ft Home
- 2-Story Property
- Vinyl Clad Windows
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Separate Meters
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,251 | $28,880 | $2,640 | $26,240 |
| 2024 | $1,251 | $28,880 | $2,640 | $26,240 |
| 2023 | $1,245 | $28,880 | $2,640 | $26,240 |
| 2022 | $989 | $19,260 | $2,640 | $16,620 |
| 2021 | $863 | $18,560 | $2,640 | $15,920 |
| 2020 | $899 | $18,560 | $2,640 | $15,920 |
| 2019 | $1,852 | $25,290 | $2,900 | $22,390 |
| 2018 | $1,209 | $25,290 | $2,900 | $22,390 |
| 2017 | $1,219 | $25,290 | $2,900 | $22,390 |
| 2016 | $1,171 | $23,140 | $2,900 | $20,240 |
| 2015 | $1,164 | $23,140 | $2,900 | $20,240 |
| 2014 | $928 | $23,140 | $2,900 | $20,240 |
| 2013 | $928 | $19,630 | $3,480 | $16,150 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | Price Changed | $275,000 | -6.8% | $181 / Sq Ft | |
| 04/16/2026 04/16/26 | For Sale | $295,000 | +105.8% | $194 / Sq Ft | |
| 10/02/2024 10/02/24 | Sold | $143,333 | -33.3% | $94 / Sq Ft | View Prior Sale |
| 08/10/2024 08/10/24 | Pending | -- | -- | -- | |
| 07/31/2024 07/31/24 | For Sale | $215,000 | -- | $141 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $290,000 | None Listed On Document | |
| Survivorship Deed | $63,000 | -- | |
| Deed | $6,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $260,000 | Seller Take Back | |
| Previous Owner | $50,400 | Purchase Money Mortgage | |
| Closed | $12,600 | No Value Available |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1875663
APN: P6451-046-000-049
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