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    Brick Mixed-Use Triplex Building Title is generated by Realmo AI

    1712 Queen City Avenue, Cincinnati, OH 45214

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    Claim this Listing
    New
    For Sale
    $390,000

    MULTI_FAMILY - Cincinnati, OH

    Property size:
    3,707 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $105/SF
    Added:
    Jun 12, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 13 at 7:06 am

    Property Features for 1712 Queen City Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway, Off Street
    Window features
    Wood Frames
    Patio and Porch features
    Porch
    Exterior features
    Porch
    Fireplace
    1
    Standard status
    Active
    APN
    2030029013500
    Size
    3,707 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas

    Building Details

    Year built
    1895
    Number of units
    3
    Building materials
    Brick
    Roof type
    Shingle

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    Listing Contact
    Jon Bowling

    Listing agent Jon Bowling License #2003017454

    Listing office RE/MAX Preferred Group 9313 S Mason Montgomery Rd., West Chester, OH

    Listing date Jun 12, 2026

    MLS# 1883022 Listing URL

    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

    • Brick mixed‑use building built in 1895 with porch and shingle roof
    • 3‑unit multifamily setup: one 2‑bedroom unit and one 5‑bedroom unit, with potential for a 3rd unit in the detached garage
    • Unit 2 is currently leased for $1,549/month
    • Utilities structure: tenants pay their own gas and electric; landlord pays water
    • Heating includes natural gas, forced air, and electric (heating); fireplace on site
    • Approximately $87,000 in improvements completed since purchase

    Overview

    This well-built brick mixed-use building offers a three-unit configuration with residential and commercial zoning flexibility. The property includes one 2-bedroom unit and one 5-bedroom unit. The detached garage provides potential for a third unit. Tenants pay their own gas and electric, while the landlord covers water. Unit 1 is fully electric with its own electric water heater, and Unit 2 uses both gas and electric and is currently leased.

    Located in the City of Cincinnati near highways and everyday amenities, the building is positioned for convenient access to local shops, restaurants, and surrounding services. The property sits on a 0.131-acre lot.

    For investors or owner-operators seeking income-producing multifamily space with flexible zoning considerations, this property provides a straightforward three-unit framework with utility arrangements already in place. It also may appeal to buyers looking to evaluate the detached garage as a site for an additional unit, subject to applicable approvals. Approximately $87,000 in improvements have been completed since purchase, supporting the property’s current functionality.

    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 $47.2k $12.72
    − Vacancy −$2.8k −$0.75
    EGI $44.4k $11.97
    − OpEx −$13.3k −$3.59
    NOI $31.1k $8.38
    3,707 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $443.7K
    $388.3K – $517.7K (±1% cap)
    NOI $31,060 @ 7.0% cap · market cap 7.96%
    Second Best
    Apartment 5plus
    $393.5K
    $344.3K – $459.1K (±1% cap)
    NOI $27,543 @ 7.0% cap · market cap 7.06%
    Theoretical Best
    Office A
    $736.9K
    $644.8K – $859.7K (±1% cap)
    NOI $51,583 @ 7.0% cap · market cap 13.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nicholls Funrl Home Social Service Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.553804
    Latitude
    39.126202

    FAQs

    What type of property is this?
    Triplex - Three-unit brick building with mixed-use zoning flexibility and tenant-paid gas and electric, plus landlord-paid water.
    Where is this triplex located?
    The property is located at 1712 Queen City Avenue Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: Brick mixed‑use building built in 1895 with porch and shingle roof; 3‑unit multifamily setup: one 2‑bedroom unit and one 5‑bedroom unit, with potential for a 3rd unit in the detached garage; Unit 2 is currently leased for $1,549/month
    More about this property
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