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1-Bedroom Apartment Complex
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5661 Glenway Ave, Cincinnati, OH 45238

Nineteen-unit apartment community with all 1-bedroom layouts, including one office unit, currently 58% occupied.

Property Size9,975 SF
Lot Size0.28 Acres
Days on Market121

Property Features for 5661 Glenway Ave

General Information

Standard status Active
Size 9,975 SF
Lot size 0.28 Acres
Property subtype Multifamily
Occupancy 58%

Units

Multifamily Units 19
Office Units 1
Listing Agency: Marcus & Millichap - Cincinnati
Listed By: Austin Hall · License #SAL.2022005913
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 11:57PM

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.

5661 Glenway is a 19-unit apartment complex offering all 1-bedroom, 1-bathroom apartments, plus one office unit. The property is currently 58% occupied, with 9,975 rentable square feet reported on 0.28 acres.

The offering is positioned for income growth through leasing up vacant units and renovating remaining units, with the vacant units described as having been rehabbed. Additional details and financial information are available through the provided deal vault link.

The complex’s unit mix and existing rehab status make it best suited for investors looking to manage a leasing and renovation plan for the remaining apartments.

Key Highlights

  • 19‑unit apartment complex in the Westwood submarket of Cincinnati, OH
  • All units are 1‑bedroom, 1‑bathroom layouts, including one office unit
  • Currently 58% occupied with 9,975 rentable SF

Property Analytics

Current Use

Rosenblum Glenway Ltd Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage Spa & Massage Center Kitchen & Bath Showroom

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

1
Office units
19
Residential units
58%
Occupancy

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby

Demographics for 45238, OH

46,864
Population
21,834
Households
2.1
Avg Household Size
37
Median Age
27%
College-Educated
91%
High-School Grad
10.3 sq mi
ZIP Area
4,550
Density / Sq Mi
$64,672
Median Household Income
$40,043
Median Earnings
$913
Median Rent
$168,800
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 - Nineteen-unit apartment community with all 1-bedroom layouts, including one office unit, currently 58% occupied.
Where is this apartment building located?
The property is located at 5661 Glenway Ave Cincinnati, OH.
What are key features of this property?
This property features: 19‑unit apartment complex in the Westwood submarket of Cincinnati, OH; All units are 1‑bedroom, 1‑bathroom layouts, including one office unit; Currently 58% occupied with 9,975 rentable SF
More about this property
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