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Updated Four-Unit Quadplex
For Sale
$350,000

3514 Ravenwood Ave, Cincinnati, OH 45213

The unit mix includes two one-bedroom and two two-bedroom apartments with laminate flooring throughout.

Property SizeContact for details
Days on Market47

Property Features for 3514 Ravenwood Ave

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4

Additional Details

Gross Income $50,616

Building Details

Year Built 1941
Listing Agency: Endurance Realty & Investments
Listed By: John J. Harrison · License #205244
Source: Missyfriede
Added: Sep 4 Changed: Oct 10 Last Checked: Oct 7 at 5:43PM

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 Endurance Realty & Investments

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Investment Insights

Based on property information with market context.

Built in 1941, this four-unit residential property offers a balanced mix of two one-bedroom apartments and two two-bedroom apartments. Laminate flooring is installed throughout the units, and three apartments have been remodeled. The remaining apartment is described as being in good condition.

Property improvements include a roof replacement completed in 2019 and an upgraded boiler installed in 2020. Garage space is included, providing an additional physical feature for the building. The property is located in Kennedy Heights, a Cincinnati neighborhood, and is reported at 100% occupancy.

Key Highlights

  • Four‑unit building with two one‑bedroom and two two‑bedroom apartments
  • Three units have been remodeled; Apartment 1 remains in good condition
  • Roof replacement completed in 2019

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 45213, OH

12,052
Population
5,844
Households
2.1
Avg Household Size
38
Median Age
55%
College-Educated
94%
High-School Grad
3.1 sq mi
ZIP Area
3,888
Density / Sq Mi
$70,897
Median Household Income
$54,650
Median Earnings
$929
Median Rent
$259,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Quadplex - The unit mix includes two one-bedroom and two two-bedroom apartments with laminate flooring throughout.
Where is this quadplex located?
The property is located at 3514 Ravenwood Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four‑unit building with two one‑bedroom and two two‑bedroom apartments; Three units have been remodeled; Apartment 1 remains in good condition; Roof replacement completed in 2019
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