Three-Unit Brick
New
For Sale
$399,000
226 Clifton Avenue, Cincinnati, OH 45202
Residential Income, Cincinnati, OH
Property Size2,081 SF
Lot Size0.02 Acres
Price / SF$191.73
Days on Market2
Property Features for 226 Clifton Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Window features
Vinyl Frames
Patio and Porch features
Patio
Interior features
Storage Area
Exterior features
Patio
High school district
Cincinnati City SD
Directions
Mulberry to Antique
Subdivision
Hamilton-E01
Standard status
Active
APN
0940007028600
Size
2,081 SF
Lot size
0.02 Acres
Utilities
Heating system
Electric (Heating)
Amenities
private street entry
secure mailboxes
Building Details
Year built
1890
Number of units
3
Building materials
Brick
Roof type
Asbestos Shingle
Additional Structures
Storage
Buildings
1
Listing Agency:
Eden Park Realty LLC
Listed By:
Karen Domine
(513) 281-7888
Added: Oct 28
Last Checked: Oct 29 at 3:06PM
MLS# 1898654
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.
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Investment Insights
Based on property information with market context.
This brick triplex contains three multilevel residences, each with its own street entrance and secure mailbox. Interior finishes include oak hardwood flooring, butcher block countertops, and porcelain walk-in showers. The building also has a patio and a storage area.
A permitted renovation was completed in 2014. The property was built in 1890, and on-street parking is listed.
A permitted renovation was completed in 2014. The property was built in 1890, and on-street parking is listed.
Key Highlights
- Three residential units, each with a private street entrance
- Permitted renovation completed in 2014
- Brick construction; built in 1890
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,436
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,720
$348.7K
Cap Rate 7%
$249,086
$249.1K
Cap Rate 9%
$193,733
$193.7K
Market Conditions
NOI Build-Up for 2,081 SF
Gross rent
$26.5K $12.72/SF
− Vacancy
−$1.6K −$0.75/SF
EGI
$24.9K $11.97/SF
− OpEx
−$7.5K −$3.59/SF
NOI
$17.4K $8.38/SF
Area
Cincinnati, OH
Vacancy
5.90%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,720
Cap Rate 7%
$249,086
Cap Rate 9%
$193,733
Alternative Uses
Best Use
Multifamily LT 5
$249.1K
$218.0K – $290.6K
NOI $17,436 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$220.9K
$193.3K – $257.7K
NOI $15,462 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$413.7K
$362.0K – $482.6K
NOI $28,957 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,977
Businesses Nearby
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Business Placement
Demographics for 45202, OH
16,883
Population
11,432
Households
1.5
Avg Household Size
34
Median Age
63%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
6,253
Density / Sq Mi
$87,930
Median Household Income
$63,901
Median Earnings
$1,524
Median Rent
$444,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has a private street entrance and a multilevel layout.
Where is this triplex located?
The property is located at 226 Clifton Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Three residential units, each with a private street entrance; Permitted renovation completed in 2014; Brick construction; built in 1890
