Brick Mixed-Use
1712 Queen City Avenue Cincinnati, OH 45214
For Sale
$375,000
MULTI_FAMILY - Cincinnati, OH
Property Size3,707 SF
Lot Size0.13 Acres
Price / SF$101.16
Days on Market48
Property Features for 1712 Queen City Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street, Driveway
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
Forced Air, Natural Gas, Electric (Heating)
Building Details
Year built
1895
Number of units
3
Building materials
Brick
Roof type
Shingle
Listing Agency:
RE/MAX Preferred Group
(513) 229-7774
Listed By:
Jon Bowling · License #2003017454
(513) 533-4111
Added: Jun 12
Changed: Jul 28
Last Checked: Jul 29 at 5:06AM
MLS# 1883022
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.
Investment Insights
Based on property information with market context.
Well-built brick mixed-use building featuring three potential residential units. The property currently includes one 2-bedroom unit and one 5-bedroom unit, and there is potential to create an additional unit within the detached garage. Tenant utility responsibility is split: tenants pay their own gas and electric, while the landlord covers water. Unit 1 is fully electric with its own electric water heater, while Unit 2 uses both gas and electric and is currently leased.
The building is located in the City of Cincinnati and described as convenient to highways, shops, restaurants, and everyday amenities.
The remarks indicate approximately $87,000 in improvements completed since purchase. The property is also presented as offering commercial and residential zoning flexibility, supporting multiple possibilities for an owner-occupant or investor.
The building is located in the City of Cincinnati and described as convenient to highways, shops, restaurants, and everyday amenities.
The remarks indicate approximately $87,000 in improvements completed since purchase. The property is also presented as offering commercial and residential zoning flexibility, supporting multiple possibilities for an owner-occupant or investor.
Key Highlights
- Brick mixed‑use building built in 1895 with commercial and residential zoning flexibility
- 3‑unit setup: one 2‑bedroom unit and one 5‑bedroom unit, with potential for a 3rd unit within the detached garage
- Unit 2 is currently leased at $1,549/month and uses both gas and electric
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
NOI $31,060 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$393.5K
$344.3K – $459.1K
NOI $27,543 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$736.9K
$644.8K – $859.7K
NOI $51,583 @ 7.0% cap · market cap 13.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - 3-unit brick mixed-use property with one 2-bedroom unit, one 5-bedroom unit, and potential for a third in the detached garage.
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 $375,000.
What are key features of this property?
This property features: Brick mixed‑use building built in 1895 with commercial and residential zoning flexibility; 3‑unit setup: one 2‑bedroom unit and one 5‑bedroom unit, with potential for a 3rd unit within the detached garage; Unit 2 is currently leased at $1,549/month and uses both gas and electric
