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Triplex with Additional Unit Space
New
For Sale
$189,900

2957 Massachusetts Avenue, Cincinnati, OH 45225

Three one-bedroom residences are rented, with water paid by ownership and electric service paid by tenants.

Property Size2,544 SF
Days on Market3

Property Features for 2957 Massachusetts Avenue

General Information

Standard status Active
Size 2,544 SF
Property subtype Multi-Family

Building Details

Building Size 2,544 SF
Year Built 1880
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Micki Steinmetz
Source: Trulyremarkableservice.kw
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 2:47AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Located at 2957 Massachusetts Avenue in Cincinnati, this triplex dates to 1880 and has three one-bedroom units currently rented. Additional space for units is part of the property. The building is offered as-is.

Utilities are separate. Ownership pays the water expense, while tenants pay for electric service.

Key Highlights

  • Three one‑bedroom units are currently rented
  • Additional space for units is present
  • Separate utilities; ownership pays water and tenants pay electric

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Locksmith Daycare Center Computer & Electronic Repair

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

898
Businesses Nearby

Demographics for 45225, OH

8,006
Population
4,694
Households
1.7
Avg Household Size
28
Median Age
9%
College-Educated
79%
High-School Grad
2.9 sq mi
ZIP Area
2,761
Density / Sq Mi
$22,320
Median Household Income
$20,948
Median Earnings
$639
Median Rent
$108,400
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?
Triplex - Three one-bedroom residences are rented, with water paid by ownership and electric service paid by tenants.
Where is this triplex located?
The property is located at 2957 Massachusetts Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Three one‑bedroom units are currently rented; Additional space for units is present; Separate utilities; ownership pays water and tenants pay electric
More about this property
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