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Mixed-Use Building with Retail
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4539 Montgomery Rd, Cincinnati, OH 45212

Six-unit property combines updated apartments with street-facing commercial space and separately metered utilities.

Property SizeContact for details
Days on Market130

Property Features for 4539 Montgomery Rd

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Multifamily Units 4
Listing Agency: Marcus & Millichap - Cincinnati
Listed By: Austin Hall · License #SAL.2022005913
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 3:32PM

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 Marcus & Millichap - Cincinnati

Investment Insights

Based on property information with market context.

This mixed-use property at 4539 Montgomery Rd includes four renovated apartments and two retail suites within approximately 7,700 rentable square feet. The street-level commercial spaces are vacant, while the residential units have undergone full renovations. Property improvements also include a newer roof and individual utility metering for the units and commercial areas.

The building sits along the Montgomery Road corridor in Norwood and within the city’s Montgomery Road Redevelopment Corridor. Factory 52, a nearby mixed-use development, is approximately two minutes away. The available retail component supports an owner-user configuration or future tenant leasing, while the residential portion provides an established multifamily component within the six-unit layout.

Key Highlights

  • Four renovated apartments and two street‑level retail spaces
  • Approximately 7,700 rentable square feet across six units
  • Both retail spaces are currently vacant

Property Analytics

Current Use

Vine Street Vinyl Department Store Sky Luxury Cosmetic Store

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center (Bike/Boat/Book/etc) Store Garden Center Dental Office

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,252
Businesses Nearby

Demographics for 45212, OH

21,885
Population
11,027
Households
2
Avg Household Size
33
Median Age
38%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
5,915
Density / Sq Mi
$63,698
Median Household Income
$43,413
Median Earnings
$932
Median Rent
$229,400
Median Home Value

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?
Mixed-use property - Six-unit property combines updated apartments with street-facing commercial space and separately metered utilities.
Where is this mixed-use property located?
The property is located at 4539 Montgomery Rd Cincinnati, OH.
What are key features of this property?
This property features: Four renovated apartments and two street‑level retail spaces; Approximately 7,700 rentable square feet across six units; Both retail spaces are currently vacant
More about this property
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