1616 1602 Belvo Road 1602 Montgomery Co., OH 45342

0.8
Acres
$860,000
MLS# 1844765
0
0.8 AC
1/26
  • New Listing
2/26
3/26

Received 06/17/2025

More About 1616 1602 Belvo Road 1602

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

Connect with a loan officer to get started!

Directions to this Listing

: From Maue (Lyons Road), left on S. Gebhart Church Road, Right on Belvo Road.

Information Refreshed: 6/17/2025 1:10 AM

Ask a Question

Contact our Customer Care team or
513-985-4010
CallText

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Call us now at 513-985-4010

Property Details

  • MLS#:

    1844765

  • Type:

    Multi Family

  • County:

    Montgomery

  • Age:

    38

  • Construction:

    Vinyl Siding

  • Cooling:

    Central Air

  • Garage:

    None

  • Heating:

    Gas

  • S/A Taxes:

    6923

  • School District:

    Miamisburg City

Online Views:

0
This listing courtesy of Tushar Mehta (937) 554-0922 , BHHS Professional Realty (937) 436-9494

Lifestyle in the Surrounding Area

Queen City

Greater Cincinnati

Home is wherever you lay your head at night, but in the Greater Cincinnati area that can mean so many different locations from the vibrant downtown area to the slower-paced rural crossroads. The many tiny towns and villages that dot the southwestern Ohi...

View Community

Monthly Cost

Mortgage Calculator

*The rates & payments shown are illustrative only.
Payment displayed does not include taxes and insurance. Rates last updated on 6/12/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.
$4,504*
Estimated monthly total
Get Pre-Approved
OH•45342•Montgomery County•Montgomery Co.•1616 1602 Belvo Road 1602

Ask a Question

Contact our Customer Care team or
513-985-4010
CallText

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Call us now at 513-985-4010

Sell with Sibcy Cline

Enter your address for a free market report on your home. Explore your home value estimate, buyer heatmap, supply-side trends, and more.

Must reads

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc. Those listings held by brokerage firms other than Sibcy Cline, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. Copyright© 2022 Multiple Listing Services of Greater Cincinnati / All Information is believed accurate, but is NOT guaranteed.