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Multifamily Renovation Shell
New
For Sale
$240,000

2137 Colerain Avenue, Cincinnati, OH 45214

Residential Income, Cincinnati, OH

Property Size3,996 SF
Lot Size0.05 Acres
Price / SF$60.06
Days on Market2

Property Features for 2137 Colerain Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Parking features On Street
Window features Wood Frames
Fireplace 1
High school district Cincinnati City SD
Directions Central Ave to Colerain Ave
Subdivision Hamilton-E01
Standard status Active
APN 184-0006-0207-00
Size 3,996 SF
Lot size 0.05 Acres

Building Details

Year built 1875
Number of units 4
Building materials Brick
Roof type Membrane
Listing Agency: Keller Williams Advisors · Keller Williams Realty
Listed By: Alicia Stoughton · License #2016003934
Added: Oct 8 Last Checked: Oct 9 at 4:06PM
MLS# 1896709

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.

This 3,996-square-foot brick building dates to 1875 and sits on a 0.049-acre lot. The interior has been cleared, mechanical systems removed, and the structure professionally stabilized. A new membrane roof is in place, and the building includes a fireplace and an exterior fire escape that passed inspection in 2024.

Utilities are off, and the property is being sold as-is. The existing shell has been identified for redesign as a single-family residence or a multi-unit property, with concepts ranging from a duplex to a six-unit configuration. Parking is on street.

Key Highlights

  • 3,996 square feet on a 0.049‑acre lot
  • Brick building constructed in 1875
  • Cleared interior; mechanical systems removed and structure stabilized

Property Analytics

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Current Use

Quadplexes

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.

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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - A cleared brick building with a new roof and utilities shut off, ready for a substantial interior rebuild.
Where is this quadplex located?
The property is located at 2137 Colerain Avenue 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 feet on a 0.049‑acre lot; Brick building constructed in 1875; Cleared interior; mechanical systems removed and structure stabilized
More about this property
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