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Brick Triplex with Off-Street Parking
For Sale
$585,000
Pending

2733 Stratford Avenue, Cincinnati, OH 45220

Residential Income, Cincinnati, OH

Property Size3,514 SF
Lot Size0.16 Acres
Days on Market97

Property Features for 2733 Stratford Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Driveway, Garage, Off Street
Window features Wood Frames
Patio and Porch features Porch
Exterior features Porch, Balcony
High school district Cincinnati City SD
Directions Clifton Ave to Joselin Ave., Left on Stratford
Subdivision Hamilton-E01
Standard status Pending
APN 101-0006-0124-00
Size 3,514 SF
Lot size 0.16 Acres

Utilities

Heating system Natural Gas, Hot Water(Heating)

Amenities

off-street parking

Building Details

Year built 1930
Number of units 3
Building materials Brick
Roof type Shingle
Listing Agency: Home Information Network, Inc.
Listed By: Mark Mcgrath
Added: Jul 13 Changed: Oct 14 Last Checked: Oct 17 at 7:06PM
MLS# 1886844

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 3,514-square-foot triplex, built in 1930, contains three two-bedroom units with separate utilities. The brick property includes porches, a balcony, a shingle roof, hot water heating, and natural gas service. Parking is provided through a driveway, garage, and additional off-street spaces.

The property is located at 2733 Stratford Avenue in Cincinnati’s Clifton area, with access to the University of Cincinnati, hospitals, dining, shopping, and entertainment within walking distance. All three units are leased through July 2027.

Key Highlights

  • Three‑unit property with 3,514 square feet of building area
  • Each unit offers 2 bedrooms and separate utilities
  • Fully leased through July 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,443
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,860 $588.9K
Cap Rate 7%
$420,614 $420.6K
Cap Rate 9%
$327,144 $327.1K
Market Conditions
NOI Build-Up for 3,514 SF
Gross rent
$44.7K $12.72/SF
− Vacancy
−$2.6K −$0.75/SF
EGI
$42.1K $11.97/SF
− OpEx
−$12.6K −$3.59/SF
NOI
$29.4K $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%
$588,860
Cap Rate 7%
$420,614
Cap Rate 9%
$327,144

Alternative Uses

Best Use
Multifamily LT 5
$420.6K
$368.0K – $490.7K (±1% cap)
NOI $29,443 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$373.0K
$326.4K – $435.2K (±1% cap)
NOI $26,109 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$698.5K
$611.2K – $815.0K (±1% cap)
NOI $48,897 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Furniture & Home Goods Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,800
Businesses Nearby

Demographics for 45220, OH

15,466
Population
7,400
Households
2.1
Avg Household Size
28
Median Age
63%
College-Educated
96%
High-School Grad
2.9 sq mi
ZIP Area
5,333
Density / Sq Mi
$51,404
Median Household Income
$26,866
Median Earnings
$954
Median Rent
$385,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three fully leased two-bedroom units with separate utilities, residential parking, and a brick exterior.
Where is this triplex located?
The property is located at 2733 Stratford Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Three‑unit property with 3,514 square feet of building area; Each unit offers 2 bedrooms and separate utilities; Fully leased through July 2027
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