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17-Unit Residential Income Property
For Sale
$375,000

618 Forest Avenue, Cincinnati, OH 45229

Partially renovated 17-unit apartment building with private showers and kitchenette hookups in each unit.

Property Size15,725 SF
Price / SF$23.85
Days on Market138

Property Features for 618 Forest Avenue

General Information

Standard status Active
Size 15,725 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 17

Building Details

Year Built 1900
Listing Agency: Coldwell Banker Realty (513-321-9944)
Listed By: Tami Holmes
Source: Tami-holmes
Added: Apr 24 Changed: Sep 8 Last Checked: Sep 8 at 4:51AM

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 Coldwell Banker Realty (513-321-9944)

Investment Insights

Based on property information with market context.

This 17-unit residential income property features distinctive architecture with no two rooms alike. Each unit includes a private shower, a designated area for a toilet, and kitchenette hookups, creating a functional layout for individual, self-contained living arrangements. The building has been partially renovated with new electrical and plumbing, updated windows, new furnace work, and tankless water heater installations. Plans and blueprints are included with the offering.

The property is located near the University of Cincinnati Medical Center, Cincinnati Children’s Hospital, the VA Medical Center, and the UC campus, supporting strong demand from a healthcare-oriented renter mix and students.

The current condition reflects ongoing improvements, and the configuration provides a foundation for continued renovation and lease-up.

Key Highlights

  • Partially renovated 17‑unit apartment building with unique layouts
  • Each unit includes a private shower plus kitchenette hookups and a designated toilet area
  • Newer components reported: electrical, plumbing, windows, furnace, and tankless water heater

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

17
Residential units

Location Intelligence

Trade Area within ½ mile

3,140
Businesses Nearby

Demographics for 45229, OH

12,540
Population
7,813
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
2.7 sq mi
ZIP Area
4,644
Density / Sq Mi
$30,829
Median Household Income
$25,772
Median Earnings
$831
Median Rent
$316,000
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 - Partially renovated 17-unit apartment building with private showers and kitchenette hookups in each unit.
Where is this apartment building located?
The property is located at 618 Forest Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Partially renovated 17‑unit apartment building with unique layouts; Each unit includes a private shower plus kitchenette hookups and a designated toilet area; Newer components reported: electrical, plumbing, windows, furnace, and tankless water heater
More about this property
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