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Columbia-Tusculum Multifamily Investment Opportunity

3825 Eastern Ave Cincinnati, OH 45226

3825 Eastern Ave, Cincinnati, OH, 45226

$1,199,000

For Sale

$1,199,000

Fully occupied 7-unit multifamily property in Cincinnati's Columbia-Tusculum corridor.

Property Size8,400 SF

Price / SF$142.74

AddedMay 11

Days on Market67

Last RefreshJul 15 at 9:09 pm

Property Features for 3825 Eastern Ave

General Information

Standard status: Active
Size: 8,400 SF

Listing office Dwyer Commercial Real Estate

Listing date May 11, 2026

Source Exprealty

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 Dwyer Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 3825 Eastern Ave in Cincinnati's Columbia-Tusculum corridor, this fully occupied 7-unit brick multifamily property presents a rare investment opportunity. The property consists of six 2-bedroom units and one 1-bedroom unit. The gross monthly income is $9,450. The interiors feature original hardwood floors. Tenants have access to a private side and rear courtyard. Constructed in 1905, the property retains its architectural character while incorporating strategic modern updates. The newly implemented CC-M-B zoning provides enhanced density flexibility and reduced parking requirements for future value-add potential. The property is located near dining options at Columbia Square and is a short distance from Downtown Cincinnati. The property is in a walkable and prestigious neighborhood.

Key Highlights

Fully occupied 7‑unit multifamily property generating $9,450 gross monthly income.
Located in the high‑demand Columbia‑Tusculum corridor, steps from Columbia Square dining.
Newly implemented CC‑M‑B zoning offers enhanced density flexibility and reduced parking requirements.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$120.0k	$14.28
− Vacancy	−$6.5k	−$0.77
EGI	$113.5k	$13.51
− OpEx	−$51.1k	−$6.08
NOI	$62.4k	$7.43

8,400 SF · lease $14.28/SF/yr · vacancy 5.40% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$891.6K

$780.1K – $1.04M (±1% cap)

NOI $62,411 @ 7.0% cap · market cap 5.21%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.67M

$1.46M – $1.95M (±1% cap)

NOI $116,886 @ 7.0% cap · market cap 9.75%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mayweather Ohio Gym & Fitness Center

Suggested Use

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For sale
Apartment buildings
OH
Cincinnati
45226
3825 Eastern Ave

What type of property is this?

Apartment building - Fully occupied 7-unit multifamily property in Cincinnati's Columbia-Tusculum corridor.

Where is this apartment building located?

The property is located at 3825 Eastern Ave Cincinnati, OH.

What is the asking price?

The asking price for this property is $1,199,000.

What are key features of this property?

This property features: Fully occupied 7‑unit multifamily property generating $9,450 gross monthly income.; Located in the high‑demand Columbia‑Tusculum corridor, steps from Columbia Square dining.; Newly implemented CC‑M‑B zoning offers enhanced density flexibility and reduced parking requirements.