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Triplex Redevelopment Property
For Sale
$154,900

1602 John St, Cincinnati, OH 45214

Rezoned for three units, the property offers a multifamily redevelopment configuration near Downtown Cincinnati.

Property Size2,840 SF
Price / SF$54.54
Days on Market26

Property Features for 1602 John St

General Information

Standard status Active
Size 2,840 SF
Property subtype Multi-Family

Building Details

Year Built 1886
Listing Agency: Plum Tree Realty
Listed By: Troy Kutcha · License #2024000279
Source: Lovdalgroup
Added: Aug 18 Changed: Sep 10 Last Checked: Sep 11 at 12:14PM

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 Plum Tree Realty

Investment Insights

Based on property information with market context.

Located at 1602 John St in Cincinnati, this 2,840 SF triplex redevelopment property occupies a 2,396 SF lot. The structure has been taken to the studs and is configured for three 1-bedroom, 1-bathroom units. The property has been rezoned for three units, while conversion to three 2-bedroom, 1-bathroom units is identified as a possibility subject to buyer verification of approvals and feasibility.

The site is directly across from a mixed-use development under construction and near TQL Stadium and Downtown Cincinnati. The surrounding area is described as undergoing continued development and investment, providing an urban setting for completion of the existing multifamily plan.

Key Highlights

  • 2,840 SF redevelopment project on a 2,396 SF lot
  • Rezoned for 3 units
  • Current layout includes three 1 bed / 1 bath units

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Accounting Firm HVAC Service Veterinary Clinic Pet Grooming Service Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

2,708
Businesses Nearby

Demographics for 45214, OH

8,901
Population
5,028
Households
1.8
Avg Household Size
32
Median Age
23%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,297
Density / Sq Mi
$26,348
Median Household Income
$27,243
Median Earnings
$762
Median Rent
$102,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Rezoned for three units, the property offers a multifamily redevelopment configuration near Downtown Cincinnati.
Where is this triplex located?
The property is located at 1602 John St Cincinnati, OH.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: 2,840 SF redevelopment project on a 2,396 SF lot; Rezoned for 3 units; Current layout includes three 1 bed / 1 bath units
More about this property
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