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Apartment Building with Upgrades
For Sale
Contact for pricing
Pending

533 Elberon Avenue, Cincinnati, OH 45205

Apartment community with varied floor plans and ongoing improvements to roofs, interiors, fixtures, and select windows.

Property SizeContact for details
Days on Market143

Property Features for 533 Elberon Avenue

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 21 x 2BR, 39 x 1BR, 6 x studio
Multifamily Units 66

Building Details

Buildings 13
Listing Agency: KW Commercial Keller Williams Advisor's Realty
Listed By: Jennifer Donathan · License #NV #2004004706
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 5:37AM

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 KW Commercial Keller Williams Advisor's Realty

Investment Insights

Based on property information with market context.

The apartment community at 533 Elberon Avenue in Cincinnati includes 66 units across 10 quad buildings, two eight-unit buildings, and one ten-unit building. The unit mix comprises 21 two-bedroom apartments, 39 one-bedroom apartments, and 6 studios. Property improvements include a new flat roof at 537 Elberon, a new GACO-sealed roof at 531 Elberon, and new pitched shingle roofs at 539 and 543 Elberon.

Interior work has been completed as units are turned, including high-efficiency faucets, shower diverters, and toilets. Select apartments feature updated vanities, cabinetry, appliances, countertops, refinished hardwood floors, and luxury vinyl plank flooring in kitchens, baths, and entire units. Some windows have also been replaced. Professional property management has been implemented as part of the current operating program.

Key Highlights

  • 66‑unit apartment community at 533 Elberon Avenue, Cincinnati, OH 45205
  • Unit mix includes 21 two‑bedroom, 39 one‑bedroom, and 6 studio apartments
  • 10 quad buildings, 2 eight‑unit buildings, and 1 ten‑unit building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Spa & Massage Center Real Estate Agency Nail Salon

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

66
Residential units

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby

Demographics for 45205, OH

19,517
Population
7,874
Households
2.5
Avg Household Size
31
Median Age
17%
College-Educated
82%
High-School Grad
2.8 sq mi
ZIP Area
6,970
Density / Sq Mi
$41,357
Median Household Income
$32,537
Median Earnings
$855
Median Rent
$112,600
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?
Apartment building - Apartment community with varied floor plans and ongoing improvements to roofs, interiors, fixtures, and select windows.
Where is this apartment building located?
The property is located at 533 Elberon Avenue Cincinnati, OH.
What are key features of this property?
This property features: 66‑unit apartment community at 533 Elberon Avenue, Cincinnati, OH 45205; Unit mix includes 21 two‑bedroom, 39 one‑bedroom, and 6 studio apartments; 10 quad buildings, 2 eight‑unit buildings, and 1 ten‑unit building
More about this property
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