Three-Unit Brick
For Sale
$585,000
2733 Stratford Avenue, Cincinnati, OH 45220
Residential Income, Cincinnati, OH
Property Size3,514 SF
Lot Size0.16 Acres
Price / SF$166.48
Days on Market115
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
Subdivision
Clifton
High school district
Cincinnati City SD
Directions
Clifton Ave to Joselin Ave., Left on Stratford
Standard status
Active
APN
101-0006-0124-00
Size
3,514 SF
Lot size
0.16 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
unspecified utilities
Utilities
Heating system
Hot Water(Heating), Natural Gas
Amenities
off-street parking
garages
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
(513) 793-3999
Added: Jul 13
Changed: Oct 29
Last Checked: Nov 4 at 1:06PM
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 brick triplex contains three two-bedroom units, each with separate utilities. Built in 1930, the property has porches and a balcony, plus garage, driveway, and off-street parking. Hot-water heating is powered by natural gas, and the roof is shingle.
The property is in Cincinnati’s Clifton area, within walking distance of the University of Cincinnati, hospitals, dining, shopping, and entertainment. All three units are leased through July 2027.
The property is in Cincinnati’s Clifton area, within walking distance of the University of Cincinnati, hospitals, dining, shopping, and entertainment. All three units are leased through July 2027.
Key Highlights
- Three units, each with 2 bedrooms and separate utilities
- 3,514 square feet on 0.158 acres
- 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
NOI $29,443 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$373.0K
$326.4K – $435.2K
NOI $26,109 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$698.5K
$611.2K – $815.0K
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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See the owner, sales and loan history
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,800
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Separate utilities serve each residence, with garage and off-street parking on site.
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 units, each with 2 bedrooms and separate utilities; 3,514 square feet on 0.158 acres; Fully leased through July 2027
