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Apartment Building with New Roof
For Sale
$240,000

2137 Colerain Ave, Cincinnati, OH 45214

Interior mechanical systems are gone and utilities are off, allowing a new plan to start with a cleared interior.

Property Size3,996 SF
Price / SF$60.06
Days on Market8

Property Features for 2137 Colerain Ave

General Information

Standard status Active
Size 3,996 SF
Property subtype Residential Income

Additional Details

Utilities to Site Yes
Listing Agency: Keller Williams Advisors
Listed By: Alicia J Stoughton · License #2016003934
Source: Exprealty
Added: Oct 8 Changed: Oct 14 Last Checked: Oct 15 at 1:47AM

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 Keller Williams Advisors

Investment Insights

Based on property information with market context.

This 3,996-square-foot apartment building is a cleared shell with professional stabilization and a new roof. Mechanical systems have been removed, and utilities are off. The fire escape passed inspection in 2024. The property is offered as-is.

Potential layouts identified for the building include a single-family residence, duplex, multifamily configuration, or a six-unit building. It is located in Cincinnati’s Historic West End.

Key Highlights

  • 3,996‑square‑foot apartment building
  • New roof and professionally stabilized shell
  • Fire escape passed inspection in 2024

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

862
Businesses Nearby

Demographics for 45214, OH

8,901
Population
5,028
Households
1.8
Avg Household Size
32
Median Age
23%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,297
Density / Sq Mi
$26,348
Median Household Income
$27,243
Median Earnings
$762
Median Rent
$102,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Interior mechanical systems are gone and utilities are off, allowing a new plan to start with a cleared interior.
Where is this apartment building located?
The property is located at 2137 Colerain Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 3,996‑square‑foot apartment building; New roof and professionally stabilized shell; Fire escape passed inspection in 2024
More about this property
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