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The Cliffs & Dixmyth Hills Apartments
For Sale
Contact for pricing
Pending

621 McAlpin Ave, Cincinnati, OH 45220

The portfolio combines two apartment properties with limited existing amenities and unrenovated units.

Property SizeContact for details
Days on Market289

Property Features for 621 McAlpin Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 92%
Investment Type Value Add

Building Details

Year Built 1963
Units 198
Listing Agency: CBRE - Cincinnati
Listed By: Zak Smith · License #2022007316
Source: Crexi
Added: Nov 14, 2025 Changed: Aug 30 Last Checked: Aug 30 at 9:54AM

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 CBRE - Cincinnati

Investment Insights

Based on property information with market context.

The Cliffs and Dixmyth Hills comprise a 198-unit apartment portfolio in Cincinnati, with the two properties located 1.4 miles apart. Both properties were built in 1963, and the units have not been renovated. Existing amenities are limited, while the physical configuration includes two established apartment communities under one offering.

The Cliffs is located at 621 McAlpin Ave, Cincinnati, OH 45220. Utility expense recovery currently stands at 35% of the overall utility bill. The properties are positioned near the University of Cincinnati, where newer housing is also present. The offering combines two separately identified properties with shared portfolio scale and proximity.

Key Highlights

  • 198 total apartment units across The Cliffs and Dixmyth Hills
  • Two properties separated by 1.4 miles
  • Both properties were built in 1963

Property Analytics

Current Use

The Cliffs Apartments Apartment Building

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Daycare Center Locksmith Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 45220, OH

15,466
Population
7,400
Households
2.1
Avg Household Size
28
Median Age
63%
College-Educated
96%
High-School Grad
2.9 sq mi
ZIP Area
5,333
Density / Sq Mi
$51,404
Median Household Income
$26,866
Median Earnings
$954
Median Rent
$385,200
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 - The portfolio combines two apartment properties with limited existing amenities and unrenovated units.
Where is this apartment building located?
The property is located at 621 McAlpin Ave Cincinnati, OH.
What are key features of this property?
This property features: 198 total apartment units across The Cliffs and Dixmyth Hills; Two properties separated by 1.4 miles; Both properties were built in 1963
More about this property
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