113 GLENRIDGE PL Cincinnati, OH 45217
New roof and updated units comprise a fully occupied four-unit building with separate heat, gas, and electric.
- Added:
- Jul 5, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 9 at 2:52 am
Property Features for 113 GLENRIDGE PL
General Information
- Standard status
- Active
- Size
- 2,772 SF
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 1946
Listing office Robert Louis Group
Listing date Jul 5, 2026
Source Crexi
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 Robert Louis Group
Investment Insights
Based on property information with market context.
Tenants are responsible for their own heat, gas, and electric, while the landlord pays water.
For purchase with an additional nearby 4-unit building at 130 Glenridge Place, the seller notes a combined total price for all 8 units; however, this listing is for the 4-unit property at 113 Glenridge Pl.
Key Highlights
- 4‑unit apartment building built in 1946, with all units currently 100% occupied
- Each unit has 2 bedrooms and 1 bathroom
- Recent upgrades include a new roof, new windows, and new main sewer lines
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.3k | $12.72 |
| − Vacancy | −$2.1k | −$0.75 |
| EGI | $33.2k | $11.97 |
| − OpEx | −$10.0k | −$3.59 |
| NOI | $23.2k | $8.38 |
