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10-Unit Apartment Building

3048 Gilbert Avenue, Cincinnati, OH 45206

For Sale
$950,000

Residences have two bedrooms and one bathroom, with renovation status varying by unit.

Property SizeContact for details
Days on Market96

Property Features for 3048 Gilbert Avenue

General Information

Standard status Active
Property subtype Multi Family Home
Zoning Multi Family, Commercial

Site & Location

Neighborhood Walnut Hills

Units

Unit Mix 10 x 2BR/1BA
Multifamily Units 10

Amenities

Storage Area

Building Details

Year Built 1960
Buildings 1
Units 10
Listing Agency: Keller Williams Advisors
Listed By: Michelle N. Billings
Source: Falgnerrealty
Added: Aug 5 Changed: Nov 7 Last Checked: Nov 7 at 3:51PM

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 Keller Williams Advisors

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Investment Insights

Based on property information with market context.

Built in 1960, this Cincinnati apartment property contains 10 units, each with two bedrooms and one bathroom. Renovation work has been completed in some apartments, while others remain unrenovated. The zoning is designated Multi Family, Commercial.

Located at 3048 Gilbert Avenue, the property is near hospitals and Xavier University.

Key Highlights

  • 10 apartments, each with 2 bedrooms and 1 bathroom
  • Mix of renovated and non‑renovated units
  • Built in 1960

Property Analytics

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Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

809
Businesses Nearby

Demographics for 45206, OH

10,670
Population
7,191
Households
1.5
Avg Household Size
37
Median Age
49%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
5,335
Density / Sq Mi
$51,128
Median Household Income
$44,936
Median Earnings
$849
Median Rent
$269,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Apartment buildings in Cincinnati

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Residences have two bedrooms and one bathroom, with renovation status varying by unit.
Where is this apartment building located?
The property is located at 3048 Gilbert Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 10 apartments, each with 2 bedrooms and 1 bathroom; Mix of renovated and non‑renovated units; Built in 1960
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