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Four-Unit Quadplex with Laundry
For Sale
$250,000

1161 Groesbeck Road, Cincinnati, OH 45224

Four-unit residential income property with separately metered utilities, replacement windows, and on-site coin-operated laundry.

Property SizeContact for details
Days on Market284

Property Features for 1161 Groesbeck Road

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 3 x 1BR/1BA, 1 x efficiency
Multifamily Units 4

Amenities

on-site coin laundry
Electric
Shingle

Building Details

Year Built 1963
Listed By: Denise Gifford · License #2011001564
Source: Kw
Added: Jan 10 Changed: Oct 19 Last Checked: Oct 21 at 1:05AM

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 Denise Gifford

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Investment Insights

Based on property information with market context.

This 1963 quadplex contains three one-bedroom, one-bath apartments and one efficiency unit. Each residence has separate electric forced-air heat, window air conditioning, and a Rheem Professional water heater. Vinyl replacement windows are installed throughout, and residents have access to on-site coin-operated laundry. Units are individually metered, while utilities are included in the current rents for Units 1 and 2.

Capital improvements include a roof replacement completed in 2021 and driveway repaving completed in 2022. The property is located at 1161 Groesbeck Road in Cincinnati, Ohio.

Key Highlights

  • Three 1‑bedroom, 1‑bath units plus one efficiency unit
  • Roof replaced in 2021
  • Driveway repaved in 2022

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

Demographics for 45224, OH

20,214
Population
9,886
Households
2
Avg Household Size
45
Median Age
34%
College-Educated
92%
High-School Grad
6.1 sq mi
ZIP Area
3,314
Density / Sq Mi
$57,754
Median Household Income
$39,579
Median Earnings
$895
Median Rent
$174,400
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential income property with separately metered utilities, replacement windows, and on-site coin-operated laundry.
Where is this quadplex located?
The property is located at 1161 Groesbeck Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three 1‑bedroom, 1‑bath units plus one efficiency unit; Roof replaced in 2021; Driveway repaved in 2022
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