Triplex with River
New
For Sale
$575,000
2515 Hackberry Street, Cincinnati, OH 45206
MULTI_FAMILY - Cincinnati, OH
Property Size3,830 SF
Lot Size0.21 Acres
Price / SF$150.13
Days on Market1
Property Features for 2515 Hackberry Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Window features
Vinyl Frames
Patio and Porch features
Porch, Deck
Interior features
Storage Area
Exterior features
Deck, Porch, Fire Escape, Tiered Deck
Fireplace
1
View
River
High school district
Cincinnati City SD
Directions
McMillan to N on Hackberry, property on Left
Subdivision
Hamilton-E01
Standard status
Active
APN
062-0002-0083-00
Size
3,830 SF
Lot size
0.21 Acres
Utilities
Heating system
Forced Air, Natural Gas, Electric (Heating), Baseboard
Amenities
river views
Building Details
Year built
1925
Number of units
3
Building materials
Brick
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Keller Williams Advisors · Keller Williams Realty
(513) 766-9200
Listed By:
Kristen Carter
(513) 766-9200
Added: Jul 31
Last Checked: Jul 31 at 7:06PM
MLS# 1888467
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.
Located at 2515-2517 Hackberry Street, this three-family triplex is a classic brick building built in 1925. The property includes three apartments and features a storage area and fireplace.
Exterior amenities include a porch, decks, and a fire escape, along with off-street parking. Heating is provided by forced air and electric/baseboard systems using natural gas.
Set on a 0.209-acre lot with 3,830 square feet, the building is designed for comfortable everyday living with multiple outdoor spaces and a durable shingle roof. A feature sheet of updates is available for review upon request.
Exterior amenities include a porch, decks, and a fire escape, along with off-street parking. Heating is provided by forced air and electric/baseboard systems using natural gas.
Set on a 0.209-acre lot with 3,830 square feet, the building is designed for comfortable everyday living with multiple outdoor spaces and a durable shingle roof. A feature sheet of updates is available for review upon request.
Key Highlights
- Three‑family triplex with river views
- 0.209‑acre lot with 3,830 SF
- Brick construction built in 1925
Financial Insights For Multifamily LT 5
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 | $48.7k | $12.72 |
| − Vacancy | −$2.9k | −$0.75 |
| EGI | $45.8k | $11.97 |
| − OpEx | −$13.8k | −$3.59 |
| NOI | $32.1k | $8.38 |
3,830 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$458.4K
$401.1K – $534.8K
NOI $32,090 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$406.5K
$355.7K – $474.3K
NOI $28,456 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$761.3K
$666.2K – $888.2K
NOI $53,294 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
874
Businesses Nearby
Explore this area
Business Placement
Demographics for 45206, OH
10,670
Population
7,191
Households
1.5
Avg Household Size
37
Median Age
49%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
5,335
Density / Sq Mi
$51,128
Median Household Income
$44,936
Median Earnings
$849
Median Rent
$269,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-family brick building offers river views, off-street parking, decks and porches, and a fireplace.
Where is this triplex located?
The property is located at 2515 Hackberry Street Cincinnati, OH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Three‑family triplex with river views; 0.209‑acre lot with 3,830 SF; Brick construction built in 1925
