1246 Quebec Road, Cincinnati, OH 45205
MULTI_FAMILY - Cincinnati, OH
- Added:
- Jun 21, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 24 at 12:06 pm
Property Features for 1246 Quebec Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Vinyl Frames
- Patio and Porch features
- Porch, Patio
- Exterior features
- Patio, Porch
- Fireplace
- 1
- Standard status
- Active
- APN
- 174-0005-0261-00
- Size
- 2,269 SF
- Lot size
- 0.24 Acres
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1890
- Number of units
- 4
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing agent Luana King (866) 212-4991
Listing office eXp Realty 300 E Business Way, Suite 200, Dublin, OH (866) 212-4991
Listing date Jun 21, 2026
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied 4‑plex with four 1‑bedroom units
- Recent upgrades include new water heaters and furnaces installed in 2024
- Brand‑new gas line installed in 2025
- Corner lot with dedicated off‑street parking spots for tenants
- Separate utilities setup: tenants pay gas/electric; owner pays water/sewer
- Wood siding exterior with porch and patio; shingle roof; fireplace present
Overview
Located on a prominent corner lot in Cincinnati, the property is described as minutes from I-75 and approximately 15 minutes from downtown Cincinnati. Off-street parking is provided with dedicated spots for tenants, supporting practical day-to-day access for residents.
For investors or operators seeking a managed residential income asset, the unit mix is clear and consistent across all four units, and the recent mechanical improvements may help reduce near-term replacement concerns. With utilities separated by tenant billing (gas/electric) and owner coverage for water/sewer, operating expenses and billing workflows are more defined, which can support easier day-to-day management.
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 | $28.9k | $12.72 |
| − Vacancy | −$1.7k | −$0.75 |
| EGI | $27.2k | $11.97 |
| − OpEx | −$8.1k | −$3.59 |
| NOI | $19.0k | $8.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.574599
- Latitude
- 39.115617
