Brick Mixed-Use Triplex with Garage
1712 Queen City Avenue Cincinnati, OH 45214
For Sale
$375,000
COMMERCIAL - 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
Commercial Sale
Property subtype
Other
Parking features
On Street
Standard status
Active
APN
2030029013500
Size
3,707 SF
Lot size
0.13 Acres
Utilities
Heating system
Natural Gas
Building Details
Year built
1895
Flooring type
Carpet
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: Jun 25
Last Checked: Jul 29 at 5:06AM
MLS# 1882954
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 triplex in Cincinnati that includes both residential and commercial zoning flexibility. The property has two formed residential units: one 2-bedroom unit and one 5-bedroom unit. The detached garage presents potential for a third unit. Tenants are responsible for their own gas and electric, while the landlord pays water. Unit 1 is fully electric with its own electric water heater. Unit 2 uses both gas and electric and is currently leased at $1,549 per month. Approximately $87,000 in improvements have been completed since purchase.
The building is located in the City of Cincinnati near highways and everyday amenities, including shops and restaurants.
This configuration can work for an owner-occupant or investor looking for a small, multi-unit income property with zoning flexibility and the possibility to expand living space using the detached garage. It also offers a practical utility setup with tenant-paid gas/electric and landlord-paid water.
The building is located in the City of Cincinnati near highways and everyday amenities, including shops and restaurants.
This configuration can work for an owner-occupant or investor looking for a small, multi-unit income property with zoning flexibility and the possibility to expand living space using the detached garage. It also offers a practical utility setup with tenant-paid gas/electric and landlord-paid water.
Key Highlights
- 1895 brick mixed‑use building with shingle roof and carpet flooring
- 3‑unit multifamily setup: one 2‑bedroom unit and one 5‑bedroom unit, with potential 3rd unit in the detached garage
- Utilities split: tenants pay their own gas and electric; landlord pays water
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 - Brick triplex with flexible zoning, two current rented units, and potential additional unit space 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: 1895 brick mixed‑use building with shingle roof and carpet flooring; 3‑unit multifamily setup: one 2‑bedroom unit and one 5‑bedroom unit, with potential 3rd unit in the detached garage; Utilities split: tenants pay their own gas and electric; landlord pays water
