1226 Rutledge Ave Cincinnati, OH 45205
Well-maintained 13-unit property in West Price Hill neighborhood.
- Added:
- Nov 21, 2025
- Days on Market:
- 232
- Last Refresh:
- May 19 at 10:30 pm
Property Features for 1226 Rutledge Ave
General Information
- Standard status
- Active
- Size
- 10,254 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1926
Listing office 3CRE Advisors, LLC - corporate (513) 490-6881
Listing date Nov 21, 2025
Source 3cre
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 3CRE Advisors, LLC - corporate
Investment Insights
Based on property information with market context.
Key Highlights
- 13‑unit multifamily property in West Price Hill, Cincinnati
- Strong rental demand and 94.6% occupancy rate in Cincinnati
- Consistent demand for affordable and Section 8 housing
Local Financial Insights For Apartment 5plus
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 | $146.4k | $14.28 |
| − Vacancy | −$7.9k | −$0.77 |
| EGI | $138.5k | $13.51 |
| − OpEx | −$62.3k | −$6.08 |
| NOI | $76.2k | $7.43 |