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Renovated Multifamily Apartment Property
For Sale
Contact for pricing
Pending

757 Ridgeway Ave, Cincinnati, OH 45229

All units have been renovated, with HVAC systems replaced within the last five years.

Property SizeContact for details
Days on Market144

Property Features for 757 Ridgeway Ave

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Cincinnati
Listed By: Austin Sum · License #SAL.2017001472
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:38AM

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 Marcus & Millichap - Cincinnati

Investment Insights

Based on property information with market context.

Ridgeway Apartments is a multifamily property with renovations completed across all units since 2020. HVAC systems throughout the property were replaced within the last five years, providing a recently updated mechanical profile.

The property is approximately five minutes from the Cincinnati UC/Clifton submarket. A majority of residents receive housing subsidies, and rent increases of $100 and $150 are being discussed or finalized with agencies for lease renewals. Third-party management may remain in place and continue operating the property.

Key Highlights

  • All units renovated since 2020
  • HVAC systems replaced within the last 5 years
  • Approximately 5 minutes from Cincinnati’s UC/Clifton submarket

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Spa & Massage Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,822
Businesses Nearby

Demographics for 45229, OH

12,540
Population
7,813
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
2.7 sq mi
ZIP Area
4,644
Density / Sq Mi
$30,829
Median Household Income
$25,772
Median Earnings
$831
Median Rent
$316,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - All units have been renovated, with HVAC systems replaced within the last five years.
Where is this multifamily property located?
The property is located at 757 Ridgeway Ave Cincinnati, OH.
What are key features of this property?
This property features: All units renovated since 2020; HVAC systems replaced within the last 5 years; Approximately 5 minutes from Cincinnati’s UC/Clifton submarket
More about this property
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