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Four-Unit Multifamily Property

118 E Liberty Street, Cincinnati, OH 45202

For Sale
$775,000

Three residences are leased, with the remaining unit available for property tours.

Property SizeContact for details
Days on Market31

Property Features for 118 E Liberty Street

General Information

Standard status Active
Property subtype Multi Family Home
Zoning Multi Family
Occupancy 75%

Site & Location

Neighborhood Otr

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1.5BA, 1 x 2BR/1.5BA
Multifamily Units 4

Additional Details

Tenant in Place Yes

Amenities

on-site laundry
Patio
Metal Fence

Building Details

Year Built 1865
Units 4
Listing Agency: Comey & Shepherd
Listed By: Alexandra L. Raymie
Source: Galbraithrealtors
Added: Oct 8 Changed: Nov 7 Last Checked: Nov 7 at 12:55PM

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 Comey & Shepherd

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Investment Insights

Based on property information with market context.

Built in 1865, this four-unit multifamily property is zoned Multi Family. The unit mix includes three two-bedroom apartments—two with one bath and one with one-and-a-half baths—alongside a one-bedroom, one-and-a-half-bath unit. Three apartments are occupied by tenants, while the fourth is vacant for showings.

Recent work includes a roof replacement in 2025, exterior tuckpointing and fire escape recoating in 2026, and installation of a commercial washer and dryer in 2026. Nearly all unit appliances are new, and the HVAC and boiler systems receive annual service. The property also features a mural, “Bright Orange Well,” by Sonny Day, shown at the 2024 Blink Art Show.

The address is 118 E Liberty Street in Cincinnati, near OTR restaurants, sporting events, Findlay Market, and downtown amenities.

Key Highlights

  • Four apartments: three 2‑bedroom units and one 1‑bedroom unit
  • Roof replaced in 2025; exterior tuckpointing and fire escape recoating completed in 2026
  • Commercial washer and dryer installed in 2026; nearly all unit appliances are new

Property Analytics

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Lease Details

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,322
Businesses Nearby

Demographics for 45202, OH

16,883
Population
11,432
Households
1.5
Avg Household Size
34
Median Age
63%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
6,253
Density / Sq Mi
$87,930
Median Household Income
$63,901
Median Earnings
$1,524
Median Rent
$444,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Quadplexes in Cincinnati

Jul
Aug
Sep
Oct

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 - Three residences are leased, with the remaining unit available for property tours.
Where is this quadplex located?
The property is located at 118 E Liberty Street Cincinnati, OH.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Four apartments: three 2‑bedroom units and one 1‑bedroom unit; Roof replaced in 2025; exterior tuckpointing and fire escape recoating completed in 2026; Commercial washer and dryer installed in 2026; nearly all unit appliances are new
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