2340 Laredo Avenue, Cincinnati, OH 45206
COMMERCIAL - Cincinnati, OH
- Added:
- Jan 22, 2026
- Days on Market:
- 142
- Last Refresh:
- Jun 13 at 7:06 pm
Property Features for 2340 Laredo Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street
- Exterior features
- Sidewalks
- Standard status
- Active
- APN
- 063-0003-0103-00
- Size
- 4,099 SF
- Lot size
- 0.12 Acres
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1880
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Shingle, Membrane
Listing agent Alicia Stoughton (513) 766-9200
Listing office Keller Williams Advisors 2105 Grandin Road, Cincinnati, OH (513) 766-9200
Listing date Jan 22, 2026
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.
HighLights
- Mixed‑use property with 2 connected buildings and over 4,000 sq ft in Walnut Hills
- 2337 Victory Parkway: 7 private suites with shared lobby, restrooms, kitchenette, and workspace (3 occupied; 4 recently renovated)
- 2340 Laredo: 2 rental units—2nd‑floor 1 bed/1 bath VRBO/Airbnb with midterm renter plus 3rd‑floor studio with long‑term tenant
- Recent improvements over $80k including paint/plaster, flooring, windows, electrical, and landscaping
- Year built 1880 with brick exterior, vinyl flooring, and baseboard heating; shingle and membrane roof
- Off‑street parking and exterior entrances from both Victory Parkway and Laredo Ave; shared basement laundry
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