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4-Unit Quadplex
For Sale
$460,000

2824 Westknolls Lane, Cincinnati, OH 45211

Each residence has three bedrooms and includes appliances, with tenants paying their own utilities.

Property SizeContact for details
Days on Market268

Property Features for 2824 Westknolls Lane

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 4 x 3-bedroom
Multifamily Units 4

Amenities

Window Unit
Electric
Shingle

Building Details

Year Built 1948
Listed By: Ethan Bishop
Source: Kw
Added: Jan 11 Changed: Oct 6 Last Checked: Oct 5 at 4:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ethan Bishop

Investment Insights

Based on property information with market context.

This 1948 quadplex contains four three-bedroom residences. Appliances are provided in each unit, and the building has window-unit air conditioning and electric service. Shingle exterior materials are also noted. Stay Dry waterproofing is installed with a transferable lifetime warranty.

A tax abatement runs through 2035. Tenants handle their own utilities, while the owner pays for water and trash. Shopping, dining, schools, and major commuter routes are identified in the surrounding area.

Key Highlights

  • Four residential units, each with 3 bedrooms
  • Tax abatement through 2035
  • Appliances included in every unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Nail Salon HVAC 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby

Demographics for 45211, OH

37,868
Population
17,169
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
89%
High-School Grad
9.0 sq mi
ZIP Area
4,208
Density / Sq Mi
$54,582
Median Household Income
$39,788
Median Earnings
$915
Median Rent
$156,600
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has three bedrooms and includes appliances, with tenants paying their own utilities.
Where is this quadplex located?
The property is located at 2824 Westknolls Lane Cincinnati, OH.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Four residential units, each with 3 bedrooms; Tax abatement through 2035; Appliances included in every unit
More about this property
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