Two Four-Unit Apartment
2940 Glenway Avenue Cincinnati, OH 45204
2940 Glenway Avenue, Cincinnati, OH, 45204
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For Sale
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Two four-unit buildings sold together with shared laundry, off-street parking, and multiple renovated 1-bedroom units.
Days on Market51
Property Features for 2940 Glenway Avenue
General Information
- Standard status
- Active
- Property subtype
- Multifamily, Land
Building Details
- Year Built
- 1961
Listing agency
Sibcy Cline Northwest
Listed by
Bridget Dawson · License #2006004715
Source
Crexi
Added: Jun 2 Updated: Jul 22 at 6:20AM Checked: Jul 22 at 6:20AM
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 Sibcy Cline Northwest
Investment Insights
Based on property information with market context.
This offering includes two four-unit apartment buildings sold together, for a total of eight 1-bedroom, 1-bath units. The properties have shared coin laundry facilities, ample off-street parking in a private lot, and a dumpster onsite. Seven of the eight units are currently leased and have been newly renovated with new flooring and modern kitchens and bathrooms.
At 2934 Glenway Avenue, one unit is vacant and actively being marketed for rent at $845 per month; the owner pays heat and water. Basement space at 2934 is already income producing and currently rented as office/storage space. At 2940 Glenway Avenue, the owner pays water only, and the basement includes a bathroom rough-in that is ready for finishing.
The buildings have experienced major capital improvements, including a new sewer line, a newly paved driveway, new fencing, and remodeled units. The sale is being offered as-is, and both buildings must be sold together with no exceptions.
At 2934 Glenway Avenue, one unit is vacant and actively being marketed for rent at $845 per month; the owner pays heat and water. Basement space at 2934 is already income producing and currently rented as office/storage space. At 2940 Glenway Avenue, the owner pays water only, and the basement includes a bathroom rough-in that is ready for finishing.
The buildings have experienced major capital improvements, including a new sewer line, a newly paved driveway, new fencing, and remodeled units. The sale is being offered as-is, and both buildings must be sold together with no exceptions.
Key Highlights
- Two four‑family buildings sold together: 8 total 1 bed, 1 bath units
- 7 of 8 units leased; current gross rents for 7 occupied units are $6,095/month ($73,140/year)
- Projected gross rents when fully occupied: $7,015/month ($84,180/year)
Property Analytics
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FAQs
What type of property is this?
Apartment building - Two four-unit buildings sold together with shared laundry, off-street parking, and multiple renovated 1-bedroom units.
Where is this apartment building located?
The property is located at 2940 Glenway Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Two four‑family buildings sold together: 8 total 1 bed, 1 bath units; 7 of 8 units leased; current gross rents for 7 occupied units are $6,095/month ($73,140/year); Projected gross rents when fully occupied: $7,015/month ($84,180/year)
