Listed by eXp Realty
$285,888
Quebec Road
Details
APN 174-0005-0261-00
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
Square Footage 2,269
Units 4
Cap Rate 9.83%
NOI $28,115
Occupancy 100%
Broker Co-Op False
Class B
Year Built 1890
Stories 2
Acreage 0.243
Parking Spaces 3 spaces
Parking Per SqFt 1.32
Fully Occupied Turnkey Fourplex with Immediate Cash Flow & Clear Rent Growth Potentia
Marketing description
Incredible turnkey investment opportunity! Priced to sell and conveniently located minutes from I-75 and only 15 minutes from downtown Cincinnati. This fully occupied fourplex features four spacious 1-bedroom units, each boasting exceptionally large rooms and comfortable layouts. Enjoy peace of mind with major recent upgrades, including new water heaters and furnaces installed in 2024, and a brand-new gas line installed in 2025. Situated on a prominent corner lot, the property offers dedicated off-street parking spots for tenants. Benefit from a steady income stream from day one with mostly long-term, stable tenants already in place. Management is made easy with separate utilities where tenants pay gas/electric and the owner pays water/sewer. With immediate cash flow and clear value-add potential to increase rents and boost your Cap rate, this asset is a must-have for any serious portfolio!
Investment highlights
100% Occupied Fourplex: Immediate, day-one cash flow with stable, long-term tenants.
Prime Location: Minutes from I-75 and only 15 minutes from downtown Cincinnati.
Low CapEx / Recent Upgrades: New furnaces and water heaters (2024); brand-new gas line (2025).
Tenant-Paid Utilities: Separate meters—tenants pay gas and electric to keep owner expenses low.
Value-Add Potential: Clear runway to raise below-market rents and quickly scale the Cap rate.
Listing Contacts
Listed by eXp Realty
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$28,115.00
$2,342.92/mo
Valuation Metrics
0
DSCR
9.83%
Cap Rate
9.83%
ROI
Map
Zoning
SF-4-MH ResidentialSingle FamilySingle Family Residential Middle Housing
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View all 38 uses Last updated Jun 3, 2026 For deeper zoning details, reports are available at Zoneomics
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