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194-Unit Apartment Portfolio
For Sale
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1932 Kentucky Ave, Cincinnati, OH 45223

Two apartment communities offer a coordinated multifamily ownership platform with completed capital improvements to units and building exteriors.

Property SizeContact for details
Days on Market143

Property Features for 1932 Kentucky Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 194
Listing Agency: Marcus & Millichap - Cincinnati
Listed By: Austin Sum · License #SAL.2017001472
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:47AM

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.

This multifamily portfolio comprises two apartment communities totaling 194 units: 139 units at Hilltop @ Northside and 55 units at Providence Pointe. The properties are positioned as a coordinated operating platform, with the communities located 3.4 miles apart. Capital improvements have been completed within the apartments and across the building envelopes, including work addressing deferred maintenance items.

The portfolio is located in Northwest Cincinnati, within 6 miles of downtown Cincinnati and 4 miles of the University of Cincinnati. The separate communities provide a combined apartment-unit base while retaining distinct property locations and operations.

Key Highlights

  • 194 total apartment units across two communities
  • Hilltop @ Northside includes 139 units; Providence Pointe includes 55 units
  • Communities are located 3.4 miles apart

Property Analytics

Current Use

Green Arbor Apartments Apartment Building iRep Ent. Thee ... Family Recreation Center Northside Flats Apartments Apartment Building

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Spa & Massage Center

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

194
Residential units

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby

Demographics for 45223, OH

13,174
Population
6,765
Households
1.9
Avg Household Size
33
Median Age
43%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
2,864
Density / Sq Mi
$46,930
Median Household Income
$41,482
Median Earnings
$914
Median Rent
$203,800
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?
Apartment building - Two apartment communities offer a coordinated multifamily ownership platform with completed capital improvements to units and building exteriors.
Where is this apartment building located?
The property is located at 1932 Kentucky Ave Cincinnati, OH.
What are key features of this property?
This property features: 194 total apartment units across two communities; Hilltop @ Northside includes 139 units; Providence Pointe includes 55 units; Communities are located 3.4 miles apart
More about this property
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