1891 Kahn Ave Hamilton, OH 45011
East Hamilton NeighborhoodEstimated payment $1,569/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
| 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
| 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
| 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
| 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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