2340 Laredo Ave, Cincinnati, OH 45206
Turnkey mixed-use property in Walnut Hills with recent improvements.
- Added:
- Feb 4, 2026
- Days on Market:
- 145
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 2340 Laredo Ave
General Information
- Standard status
- Active
- Size
- 4,099 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1880
Listing office Keller Williams Advisors Realty
Listing date Feb 4, 2026
Source Crexi
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HighLights
- Turn‑key mixed‑use investment property in desirable Walnut Hills location.
- Over 4000 sq ft in 2 connected buildings with off‑street parking.
- Over $80k in recent improvements (paint/plaster, flooring, windows, electrical, & landscaping).
- 2337 Victory Parkway: 7 private suites (1 occupied by nail salon, 6 recently renovated).
- 2340 Laredo: 2 rental units (1 bed/1 bath VRBO/Airbnb unit & studio unit).
- Exterior entrances from both Victory Parkway & Laredo Ave.
Overview
Local Financial Insights For Mixed Use
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 | $88.5k | $21.60 |
| − Vacancy | −$8.9k | −$2.16 |
| EGI | $79.7k | $19.44 |
| − OpEx | −$29.9k | −$7.29 |
| NOI | $49.8k | $12.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.48503
- Latitude
- 39.123963