5848 Shadymist Ln Cincinnati, OH 45239
Mount Airy Neighborhood
--
Bed
--
Bath
--
Sq Ft
6,534
Sq Ft Lot
Highlights
- City View
- No HOA
- Coin Laundry
- Walnut Hills High School Rated A+
- 4 Car Attached Garage
About This Home
As of April 2025Multiple Offers, Offers to be left open until 11:59PM 2/28/2025. Fully Occupied 4-Unit Investment Property - 8.5%+ Cap Rate & $22K+ NOI! 5848 Shadymist is a prime income-generating multi-family property featuring four identical 2-bedroom, 1-bathroom units. Fully occupied with monthly gross rents of $4,168, this turnkey investment delivers over $22,000 in annual NOI and an impressive 8.5%+ cap rate. Each unit is well-maintained and tenant-friendly, offering spacious layouts, modern updates, and separate utilities to keep expenses low. Located in a high-demand rental area, this property ensures steady occupancy and strong long-term returns. A fantastic opportunity for both seasoned and first-time investors looking for immediate cash flow and long-term stability. Schedule your showing today!
Last Agent to Sell the Property
Coldwell Banker Realty License #2020006058 Listed on: 02/20/2025
Last Buyer's Agent
Jonathan Price
Coldwell Banker Realty License #2018003625
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,948
Year Built
- Built in 1960
Lot Details
- 6,534 Sq Ft Lot
Parking
- 4 Car Attached Garage
- 6 Open Parking Spaces
- Rear-Facing Garage
- Driveway
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2-Story Property
- Vinyl Clad Windows
- Insulated Windows
- City Views
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Gas
- Separate Meters
Community Details
Building Details
- Insurance Expense $3,000
- Maintenance Expense $3,058
- Other Expense $4,078
- Water Sewer Expense $2,455
- Gross Income $50,016
- Net Operating Income $22,739
Additional Features
- No Home Owners Association
- Coin Laundry
Similar Homes in Cincinnati, OH
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $335,000 | +1.5% | -- |
| 03/10/2025 03/10/25 | Off Market | $329,900 | -- | -- |
| 03/03/2025 03/03/25 | Pending | -- | -- | -- |
| 02/20/2025 02/20/25 | For Sale | $329,900 | +6.4% | -- |
| 01/28/2024 01/28/24 | Off Market | $310,000 | -- | -- |
| 10/28/2022 10/28/22 | Sold | $310,000 | +3.4% | -- |
| 09/25/2022 09/25/22 | Pending | -- | -- | -- |
| 09/23/2022 09/23/22 | For Sale | $299,900 | -- | -- |
Source: MLS of Greater Cincinnati (CincyMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Mitch Huffman
M
Seller's Agent in 2025
Mitch Huffman
Coldwell Banker Realty
(513) 515-8875
2 in this area
71 Total Sales
-
Buyer's Agent in 2025
Jonathan Price
Coldwell Banker Realty
(513) 484-1415
1 in this area
236 Total Sales
-
Adam Schupp
Seller's Agent in 2022
Adam Schupp
Sibcy Cline, Inc.
(513) 460-5336
1 in this area
209 Total Sales
-
Mark Schupp
Seller Co-Listing Agent in 2022
Mark Schupp
Sibcy Cline, Inc.
(513) 543-1477
2 in this area
297 Total Sales
-
Jennifer Murtland
Buyer's Agent in 2022
Jennifer Murtland
eXp Realty
(513) 578-2633
1 in this area
40 Total Sales
Map
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1831312
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