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7508 Elizabeth St Cincinnati, OH 45231

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For Sale
$360,000

Five-unit multifamily property in Mount Healthy, Greater Cincinnati area.

Property size:
3,370 SF

Property Features for 7508 Elizabeth St

General Information

Size
3,370 SF

Building Details

Year built
1926

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Listing Contact
Tryfon Christoforou
Source: 3cre

Listing Agent: Tryfon Christoforou

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Well-Maintained Multifamily Property For Sale

The Elizabeth Street Apartments, located in Mount Healthy, Cincinnati, are available for purchase. This well-maintained multifamily property features five units: one 2-bedroom, 1-bath unit and four 1-bedroom, 1-bath units. Each unit is equipped with separately metered electric, with tenants responsible for electric, gas, and heat. The landlord is responsible for water and trash, but has implemented a water fee to recoup the water expense. Significant upgrades include the installation of five high-efficiency furnaces and insulated vinyl windows in 2020, three new water heaters in 2019 and 2020, and a new roof within the last ten years. The property also includes a full basement with individual storage bays for each unit, and new coin-operated washer and dryer machines. All units have been fully renovated with updated flooring, kitchens, countertops, bathrooms, and decks. The property is situated in a suburban community known for its residential streets and historic charm, minutes from Hamilton Avenue (US-127) and Ronald Reagan Cross County Highway, providing access to downtown Cincinnati, employment centers, and surrounding neighborhoods. Local amenities including grocery stores, restaurants, parks, and schools are nearby. The property offers in-place cash flow with the opportunity to increase value through continued rent growth.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

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
-84.5431694
Latitude
39.2316484

FAQs

What type of property is this?
Apartment building - Five-unit multifamily property in Mount Healthy, Greater Cincinnati area.
Where is this apartment building located?
The property is located at 7508 Elizabeth St Cincinnati, OH.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: - Fully renovated units featuring updated flooring, kitchens, countertops, bathrooms, and decks.; - Newer high-efficiency furnaces (2020), water heaters (2019/2020), and roof (within last 10 years).; - Strong in-place cash flow with opportunity to increase value through rent growth.
More about this property
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