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Value-Add Multifamily Investment Opportunity

1610 Queen City Avenue Cincinnati, OH 45214

1610 Queen City Avenue, Cincinnati, OH, 45214
$575,000
For Sale
$575,000

Multifamily property with income and value-add potential near downtown.

Days on Market113

Property Features for 1610 Queen City Avenue

General Information

Standard status
Active
Property subtype
MF, MF-MID

Building Details

Year Built
1900
Listing Agency KW Commercial | KW Seven Hills | Jahmar Daniels
Listed by Jahmar Daniels · License #2014003211,OHIO
Source Realnex
Added: Mar 27 Checked: Jul 6 at 12:13 pm

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 KW Commercial | KW Seven Hills | Jahmar Daniels


Investment Insights

Based on property information with market context.

The property at 1610 Queen City Ave presents an investment opportunity with existing income and potential for increased value. Currently, the property is 83% occupied with stable tenants. The existing rent ceiling is $1,500 per month. Further income potential can be realized through leasing a vacant 3-bedroom unit and implementing rent increases, with projected annual income exceeding $80,000. The property is situated in a rental corridor with convenient access to I-75 and downtown Cincinnati. This asset is suited for investors seeking a value-add strategy with measurable upside.

Key Highlights

  • Immediate value‑add opportunity with in‑place income.
  • 83% occupied with stable tenants.
  • Proven rent ceiling of $1,500/month.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Builders Depot Restaurant Thomas Remodelers Company ... Construction Company

Suggested Use

Real Estate Agency Dental Office Law Firm Spa & Massage Center Nail Salon Pharmacy (Bike/Boat/Book/etc) Store Hair Salon Restaurant Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Multifamily property with income and value-add potential near downtown.
Where is this apartment building located?
The property is located at 1610 Queen City Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Immediate value‑add opportunity with in‑place income.; 83% occupied with stable tenants.; Proven rent ceiling of $1,500/month.
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