Jason Rhodes
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325 Pike Street
Reading, OH 45215

$890,000

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Listing Details

  • $890,000
  • MLS# 1880736
  • Type Multi Unit - Multiple
  • Status Active
  • 0.243 acres
    Lot Size
  • 1965
    Year Built
  • Reading Community Ci
    Local Schools
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Local Information

Listed By

Agency Name: Keller Williams Advisors
Agent Name: Andrew Kroeger
Agency Phone: 513-766-9200

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Shown By

Agent Name: Jason Rhodes
Agent Phone: (937) 546-2311
Agency Title: Irongate Inc., Realtors

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Home Value Estimate

Description

Located adjacent to Reading's Bridal District, this 12-unit multifamily property offers stable cash flow with significant upside potential. The unit mix consists of 11 one-bedroom units and 1 studio. Currently, 11 of 12 units are occupied, with potential gross monthly income of $10,140 at full occupancy. The property features a high-efficiency boiler heating system, window unit AC, and a paved 13-space parking lot. An implemented RUBS program helps offset owner utility expenses. Significant upside remains through rent increases to market rates.

Features

  • Window Unit, Wall Unit
  • 0 Fireplace
  • Gas, Hot Water
  • $12,280 Taxes
  • Public
  • Built in 1965
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Listed By

Agency Name: Keller Williams Advisors
Agent Name: Andrew Kroeger
Agency Phone: 513-766-9200

agent picture

Shown By

Agent Name: Jason Rhodes
Agent Phone: (937) 546-2311
Agency Title: Irongate Inc., Realtors

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/04/2026. The listing information on this page last changed on 06/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/04/2026 2:48:22 PM EST) or Dayton MLS (last updated Thu 06/04/2026 2:47:20 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Thu 06/04/2026 2:40:58 PM EST) or Wrist MLS (last updated Thu 06/04/2026 2:45:10 PM EST). Real estate listings held by brokerage firms other than Irongate Inc., Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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