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1602 Belvo Road, 
Miamisburg, OH 45342

$860,000

—

Bed

—

Bath

7,680

Sq Ft

Multi-Family

Active

Listed by

Tushar Mehta

Bhhs Professional Realty

937-436-9494

Last updated:

June 23, 2025, 02:11 PM

MLS#

1844765

Source:

OH CINCY

About This Home

1602 Belvo Road

8-Unit Value-Add Portfolio. Side-by-Side TWO 4-Unit Buildings. Miamisburg, OH Rare opportunity to acquire 8 units across two identical 4-unit buildings, each on a separate parcel, located side by side in a high-demand Miamisburg rental corridor. To be sold together as a portfolio$860,000 total ($430,000 per building). Seller will not sell individually. Each building features four spacious 2BR/1.5BA townhome-style units, approx. 1,000 SF each, with private entrances, in-unit laundry, and two-story layouts. Recent updates and re-paved parking (2022) add further appeal. 1602 is vacant for showings. 7 of the 8 are rented. Currently rented below market: 4 units @ $1000+1 @ $950 = 2 @$900 + 1 vacant. Investment Highlights: 8.49% Pro Forma CAP at $1,150/month market rents ($9,200/month) Below-market rents with strong upside Well-maintained asset with functional layouts On-site parking | Asphalt lots resurfaced 2022

Home Facts

Multi-Family

Built in 1987

Price Summary

860,000

$111 per Sq. Ft.

MLS #:

1844765

Last Updated:

June 23, 2025, 02:11 PM

Added:

8 day(s) ago

Rooms & Interior

Interior

Living Area:

7,680 Sq. Ft.

Structure

Structure

Building Area:

7,680 Sq. Ft.

Year Built:

1987

Lot

Lot Size (Sq. Ft):

34,848

Finances & Disclosures

Finances

Price:

$860,000

Price per Sq. Ft:

$111 per Sq. Ft.

MLS Logo
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Coldwell Banker Heritage are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. 2025, MLS of Greater Cincinnati, Inc. All rights reserved.

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