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    1116 Franklin Ave Cincinnati, OH 45237

    Pending
    For Sale
    $309,000

    MULTI_FAMILY - Cincinnati, OH

    Lot size:
    0.15 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 1116 Franklin Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Window features
    Vinyl Frames
    APN
    118-0002-0080-00
    Parking features
    Driveway, Off Street
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Electric (Heating), Baseboard
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1939
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Shingle

    Real Broker Technologies, Inc. (440) 391-1650 [email protected]

    Listing agent Matthew Zimerman

    Listing date Nov 6, 2025

    MLS# 1860531 Listing URL

    Copyright © 2025 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Unit Building in Cincinnati, OH

    This solid brick four-unit building is situated in a quiet residential area with strong rental demand. Each apartment features a spacious one bedroom, one bathroom layout, hardwood floors, and separate entrances. Individual utilities are provided for each unit. Current rents are $850, $935, and $1,028, with one unit currently available for a new tenant or an owner-occupant. Recent updates include fresh paint, newer windows, and refreshed kitchens and baths in multiple units. The property includes off-street parking and private green space in the rear. The low-maintenance exterior makes this an ideal turn-key addition to any rental portfolio. The lot size is 0.154 acres. Tenants are responsible for electric and gas, while the owner pays for water. The property is located in Cincinnati, OH.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.480216
    Latitude
    39.174939

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    FAQs

    What type of property is this?
    Quadplex - Solid brick four-unit building with strong rental demand.
    Where is this quadplex located?
    The property is located at 1116 Franklin Ave Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $309,000.
    What are key features of this property?
    This property features: - Solid brick four-unit building in a quiet residential area with high rental demand.; - One unit is vacant, offering flexibility for a new tenant or owner-occupancy.; - Each unit features a **spacious one bedroom, one bathroom layout with hardwood floors and separate entrances.**
    (440) 391-1650
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    Cincinnati, OH 45237
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1116 Franklin Ave Cincinnati, OH 45237
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