139 E Clifton Ave - Apartments FOR SALE


Cincinnati, OH 45202- Over-The Rhine
$2,359,000 USD
513-745-9333
139 E Clifton Ave, Cincinnati, OH for Sale
$2,359,000 USD
Apartments - FOR SALE
1/39
null | Request Cap Rate

139 E Clifton Ave
Cincinnati, OH 45202
Over-The Rhine


HIGHLIGHTS

  • 20-Units
  • Fully Renovated Units
  • Rentable SqFt - 12,650 SqFt
  • Tax Abatement through 2035
  • Fully Secured Property

OVERVIEW

3CRE is excited to introduce a multifamily opportunity at 139 East Clifton Avenue, Cincinnati, OH 45219. This well-maintained property consists of 20 units, featuring a mix of studios, one-bedroom, two-bedroom, and three-bedroom units. There is an opportunity to acquire a neighboring property as well at 1801 Lang Street (Six-Unit Fully Renovated Complex). Fully occupied with stable, long-term tenants, the property generates strong cash flow. Located in the highly sought-after Over-the-Rhine neighborhood, this asset presents an excellent investment opportunity with solid rental demand and value-added opportunity. Situated in the heart of Over-the-Rhine, the property offers unmatched access to Cincinnati’s best amenities. Just minutes away from the University of Cincinnati, Cincinnati Children’s Hospital, and major transit routes, residents enjoy easy access to education, healthcare, and employment hubs. The area is also home to a variety of local shops, restaurants, and recreational facilities, making it an attractive location for tenants. With its proximity to downtown Cincinnati and other key business districts, 139 East Clifton Avenue offers a prime investment location in one of the city’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$2,359,000 USD

PRICE/SF

$232 USD /SF

# OF UNITS

20

PRICE/UNIT

$117,950

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

20-Unit Multifamily Property | Over-the-Rhine

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1870

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

RM-0.7

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tryfon Christoforou3CRE Advisors, LLCMore Info
513-745-9333

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Tryfon Christoforou3CRE Advisors, LLCMore Info
513-745-9333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.