2216-2218 Ohio Ave, Cincinnati, OH 45219
Six-unit multifamily property near the University of Cincinnati.
- Added:
- Feb 18, 2026
- Days on Market:
- 133
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 2216-2218 Ohio Ave
General Information
- Standard status
- Active
- Size
- 5,916 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1896
Listing office Jeff Bray
Listing date Feb 18, 2026
Source Crexi
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 Jeff Bray
HighLights
- Prime location: Minutes walk to the University of Cincinnati.
- Six‑unit multifamily property.
- Tenant paid utilities.
- Recent capital investments: Unit remodels (4 of 6 completed), mechanicals, and exterior upgrades.
- Three garages.
- Historic 19th‑century building with spacious layouts, high ceilings, and classic architectural details.
Overview
Local Financial Insights For Apartment 5plus
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 | $84.5k | $14.28 |
| − Vacancy | −$4.6k | −$0.77 |
| EGI | $79.9k | $13.51 |
| − OpEx | −$36.0k | −$6.08 |
| NOI | $44.0k | $7.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.5170691
- Latitude
- 39.1232304
