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Three-Unit Residential Income Property

2733 Stratford Avenue Cincinnati, OH 45220

New
2733 Stratford Avenue, Cincinnati, OH, 45220
$585,000
For Sale
Claim this Listing
$585,000

MULTI_FAMILY - Cincinnati, OH

Property Size3,514 SF
Lot Size0.16 Acres
Price / SF$166.48
AddedJul 13
Days on Market3
Last RefreshJul 15 at 4:06 am

Property Features for 2733 Stratford Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage, Off Street, Driveway
Window features
Wood Frames
Patio and Porch features
Porch
Exterior features
Porch, Balcony
Standard status
Active
APN
101-0006-0124-00
Size
3,514 SF
Lot size
0.16 Acres

Utilities

Heating system
Natural Gas, Forced Air

Building Details

Year built
1930
Number of units
3
Building materials
Brick
Roof type
Shingle

Listing agent Mark Mcgrath

Listing office Home Information Network, Inc. 9330 Kenwood Rd., Cincinnati, OH

Listing date Jul 13, 2026

MLS# 1886844 Listing URL

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.

This three-family residential income property includes three separate units, and each unit features 2 bedrooms with separate utilities. The property provides off-street parking for tenants and totals 3,514 square feet.

Located at 2733 Stratford Avenue in Cincinnati, OH 45220, the home is described as within walking distance to UC, hospitals, dining, shopping, and entertainment. It is currently fully leased through July 2027.

For additional information or to schedule a showing, contact the listing broker.

Key Highlights

  • Three‑family property built in 1930 with brick exterior
  • Each of the three units has 2 bedrooms with separate utilities
  • Property is fully leased through July 2027

Local 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 $44.7k $12.72
− Vacancy −$2.6k −$0.75
EGI $42.1k $11.97
− OpEx −$12.6k −$3.59
NOI $29.4k $8.38
3,514 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%

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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Catering Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three residential units each offer 2 bedrooms with separate utilities and off-street parking.
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‑family property built in 1930 with brick exterior; Each of the three units has 2 bedrooms with separate utilities; Property is fully leased through July 2027
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