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116 Parker St, Cincinnati, OH 45219

$390,000
  • —

    bed

  • —

    bath

  • 3,120

    Sqft ($125/Sqft)

Multi-family for sale 15 days
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About 116 Parker St

Property type Multi-family
Neighborhood
Year built 1895
HOA fee $0/month
Lot size 5,706 Sqft
Rental estimate
Property description
$50K Positive Income! Extremely well maintained 3 Unit. Updated kitchens, flooring, fixtures and bathrooms. Parent's of UC students build wealth while your student builds life lessons! Investors: Cap Rate 9.8%, Cash on Cash Return 14%, GRM 7.7
Listed by
Listing Agent - Ashlie Ossege
Listing Office - Coldwell Banker Heritage
Source: CincyMLS mls logo
MLS#1894331 • last updated 2 weeks ago
Movoto checked CincyMLS for data 16 minutes ago
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Overview
Cooling/AC Window Unit, Central Air
Heating Forced Air, Gas
Levels/Style Three+
Type Residential Income
Virtual Tour External Link
MLS # 1894331
Status Active
SubType Multi Fam 2-4 Units, Triplex
SqFt 3120
Lot Size (SqFt) 5706
Lot Size (Acres) 0.131
Year Built 1895
Interior
Basement Full
Window Features Aluminum, Double Hung
Fireplace Inoperable
Exterior
Foundation Stone
Roof Membrane
Construction Brick
Garage Detached
Parking Off Street, Driveway, Private
Exterior Features Porch, Balcony
Amenities / Utilities
Sewer/ Septic Public Sewer
Gas Natural
Water Source Public
Other Features Busline Near
Miscellaneous Individual Laundry, Smoke Alarm
Location
County Hamilton
Area Hamilton-E01
High School District Cincinnati City SD
APN 095-0004-0019-00
Multifamily Details
1-Bedroom: # Units 1
Unit 2: # Full Baths 1
1-Bedroom: Rent 1200
Unit 1: # Bedrooms 1
Unit 1: Rent 925
Unit 1: # Full Baths 1
Unit 2: # Bedrooms 1
Unit 2: # Rooms 3
Heat: Paid By Tenant
Water: Paid By Owner
Efficiency: # Units 1
3+ Bedroom: # Units 1
Unit 3: Rent 2100
Unit 3: # Rooms 6
Unit 3: # Bedrooms 3
Unit 1: # Rooms 2
3-Bedroom: Rent 2175
Unit 2: Rent 1200
Efficiency: Rent 925
Unit 3: # Full Baths 2
Separate Furance Yes
Separate Gas/ Electric Yes
Separate Air Conditioning Yes
Net Operating Income 38525
Expense: Insurance 4250
Expense: Maintenance 1000
Expense: Water/ Sewer 1200
Gross Income 50700
Lot/ Land Details
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5/10
Clifton Area Neighborhood School
public Grades PK, K-4
Cincinnati Public Schools
9/10
Walnut Hills High School
public Grades 5-12
Cincinnati Public Schools
2/10
Withrow University High School
public Grades 5-12
Cincinnati Public Schools
3/10
Hughes STEM High School
public Grades 7-12
Cincinnati Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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  • 116 Parker St

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