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26-Unit Apartment Property
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1005 Dana Ave, Cincinnati, OH 45229

Two three-story buildings offer predominantly one-bedroom layouts and recent capital improvements across two parcels.

Property Size17,000 SF
Days on Market113

Property Features for 1005 Dana Ave

General Information

Standard status Active
Size 17,000 SF
Net Rentable 13,875 SF
Property subtype Multifamily

Additional Details

Average Monthly Rent $922
Multifamily Units 26

Amenities

Significant Capital Improvements Completed Including Windows, Electrical Panels, and Recent Roof Replacement, Reducing Near-Term Capital Needs
Renovated Unit Interiors with Strong In-Place Rents, Providing Stable Cash Flow with Continued Upside Potential
Walkable Location Directly Across from Xavier University, Supporting Consistent Tenant Demand and Occupancy

Building Details

Building Size 17,000 SF
Buildings 2
Stories 3
Units 26
Listing Agency: Cincinnati Office
Listed By: Austin Hall · License #License(s): OH: SAL.2022005913
Source: Marcusmillichap
Added: May 14 Changed: Aug 30 Last Checked: Aug 31 at 12:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cincinnati Office

Investment Insights

Based on property information with market context.

Dana Heights comprises 26 apartment units in two three-story buildings positioned on two parcels at 1005-1007 Dana Heights Avenue. The property contains approximately 13,875 rentable square feet, with a predominantly one-bedroom unit mix and efficient layouts. The buildings were constructed in 1880 and 1963, providing distinct physical components within the same apartment property.

Recent work includes new windows, electrical system updates, and roof replacement on one building. Current occupancy is above 90 percent. The property is directly across from Xavier University and near Cincinnati Children’s Hospital, the University of Cincinnati, and Downtown Cincinnati, placing the apartments within an established Cincinnati setting with access to major institutional and employment centers.

Key Highlights

  • 26 apartment units across two three‑story buildings
  • Approximately 13,875 rentable square feet on two parcels
  • Predominantly one‑bedroom unit mix

Property Analytics

Current Use

Dana Heights Apartment Building Delaware Police Department Adult Dvd Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26
Residential units

Location Intelligence

Trade Area within ½ mile

519
Businesses Nearby

Demographics for 45229, OH

12,540
Population
7,813
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
2.7 sq mi
ZIP Area
4,644
Density / Sq Mi
$30,829
Median Household Income
$25,772
Median Earnings
$831
Median Rent
$316,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two three-story buildings offer predominantly one-bedroom layouts and recent capital improvements across two parcels.
Where is this apartment building located?
The property is located at 1005 Dana Ave Cincinnati, OH.
What are key features of this property?
This property features: 26 apartment units across two three‑story buildings; Approximately 13,875 rentable square feet on two parcels; Predominantly one‑bedroom unit mix
More about this property
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