$849,000
$50K PRICE DROP

Estimated payment $5,043/month

Total Views 73,606
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • No HOA
  • Baseboard Heating

About This Home

Fantastic opportunity to own a 10-unit multifamily property made up of two well-maintained five-unit buildings at 6603 & 6605 Hasler Lane. Each building features spacious one-bedroom, one-bath apartments with updated kitchens showcasing modern backsplashes, refreshed cabinetry, and clean finishes. While not all appliances are new, the interiors are well cared for and in excellent condition. The property is currently achieving average rents of $1,031.88 per unit with room to increase to $1,150 per unit including RUBs (Ratio Utility Billing System). Each building is separately metered and offers ample off-street parking, efficient layouts, and a strong rental history with consistent occupancy. Located in a desirable, high-demand rental area, this property provides steady income with upside potential through light operational improvements. A true turn-key opportunity for any investor seeking a solid, cash-flowing multifamily asset.

Listing Agent

Brian Jackson

Keller Williams Seven Hills Re License #2015000321 Listed on: 10/09/2025

Keller Williams Seven Hills Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,874

Year Built

  • Built in 1962

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Membrane Roofing

Interior Spaces

  • 3-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Parking

  • 10 Open Parking Spaces
  • Private Parking
  • Driveway
  • Parking Lot
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Radiant Heating System
  • Separate Meters

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $5,556
  • Maintenance Expense $5,902
  • Other Expense $1,771
  • Gross Income $124,260
  • Net Operating Income $68,358

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,874

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Suburb: Elmwood Place
  • Broker Approved: Yes
  • Census Tract Realist: 257.00
  • Cooling: Window Unit
  • Heating: Baseboard, Radiant
  • Lot Area Realist: 6229.00
  • Suburb S I C: Elmwood Place
  • Price Per Acre: 5937062.94
  • Year Built: 1962
  • Separate Gas Elect: Yes
  • Lot Measurement: Acres
  • Status: Active
  • Total Units: 10
  • Property Subtype 1: Apartment
  • Occupancy: Tenant Right
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 68358.00
  • Property Type: Residential Income
  • Vacancy: 6213.00
  • Gasand Electric: 16092.00
  • Heat Paid: Owner
  • Other Tax Parcel I D: 661-0002-0595-00
  • Reciprocal Listing: No
  • Semi Annual Taxes: $3437
  • Waste Removal: 1688.00
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Street Number Modifier: 6605
  • Windows: Vinyl
  • One Bedroom Rent: 1031.88
  • One Bedroom Number of Units: 10

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 849000.00
  • Acres: 0.1430
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 10
  • Parking: Assigned, Lot, Driveway, Private

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 5902.00

Fee Information

  • Taxes: 6875

Schools

  • District: St Bernard Elmwood P

Lot Info

  • Lot Size Sq Ft: 6229.00

Rental Info

  • Sub Lease: No

Multi Family

  • Gross Income: 124260.00
  • Other Expense: 1771.00
  • Total Buildings: 2
  • Insurance: 5556.00

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 Price Changed $849,000 -5.6% --
10/09/2025 10/09/25 For Sale $899,000 +12.7% --
05/18/2025 05/18/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $797,800 0.0% --
04/19/2025 04/19/25 Off Market $797,800 -- --
04/12/2025 04/12/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $797,800 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

About the Listing Agent

Brian Jackson

Keller Williams Seven Hills Re

(513) 845-3087

Section Image

In today’s fast-paced real estate market, buyers and sellers need more than just a transaction—they need a trusted advisor who brings clarity, confidence, and results. At Team Jackson Real Estate, we offer a mission-driven approach backed by local expertise and market insight. Whether you're buying your first home, upgrading, or investing, our team is committed to helping you navigate every step of the process with precision and care.

Our clients trust us because we combine strategic

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Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1858044

MLS of Greater Cincinnati (CincyMLS)