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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

    COMMERCIAL - 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 2:06 pm

    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

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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# 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.

    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
    • Unit 1 is fully electric with its own electric water heater
    • Unit 2 uses both gas and electric and is leased at $1,549/month
    • About $87,000 in improvements completed since purchase

    Overview

    This well-built brick mixed-use triplex includes three residential units or unit potential, with one 2-bedroom unit and one 5-bedroom unit already in place. The property also presents the possibility of a third unit within the detached garage. Utilities are separately managed by the tenants for gas and electric, while the landlord provides 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.

    Located in the City of Cincinnati, the building is described as convenient to nearby highways and close to shops, restaurants, and everyday amenities. The property’s small lot size supports a compact, workable footprint for a mixed-use strategy.

    For buyers and operators, this is positioned for multiple approaches, including investment ownership, commercial or residential conversion, or a live/work setup. The most recent updates noted include approximately $87,000 in improvements completed since purchase, providing a stronger baseline for continued leasing or redevelopment planning.

    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
    -84.5537852
    Latitude
    39.126164

    FAQs

    What type of property is this?
    Triplex - A three-unit brick building with commercial and residential zoning flexibility, plus tenant-paid utilities for practical income control.
    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: 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
    More about this property
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