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Updated 17-Unit Apartment Building
For Sale
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6449 Montgomery Rd, Cincinnati, OH 45213

One-bedroom residences feature refreshed building systems, windows, and improvements completed throughout the interiors and exterior.

Property SizeContact for details
Days on Market144

Property Features for 6449 Montgomery Rd

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: KW Commercial Keller Williams Advisor's Realty
Listed By: Adam Curry · License #OH 2014003970
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:08PM

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.

Located at 6449 Montgomery Rd in Cincinnati, Ohio, this multifamily property contains 17 one-bedroom apartments. Recent work has addressed both the interiors and exterior, with updated electrical and plumbing systems, replacement windows, modern finishes, and PTAC units. The PTAC equipment is paid for by tenants.

Renovation activity has continued over the past 12+ months, and an updated rent roll is available. Planned rent increases are projected to bring the property to just under an 8% cap rate. Tenant credit scores are 750+ across the resident base, providing an additional documented operating characteristic.

Key Highlights

  • 17 one‑bedroom apartment units
  • Updated electrical, plumbing, windows, and PTAC units
  • Interior and exterior renovations completed over the past 12+ months

Property Analytics

Current Use

The Flats on Montgomery Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Parking Lot & Garage Grocery & Convenience Store

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

472
Businesses Nearby

Demographics for 45213, OH

12,052
Population
5,844
Households
2.1
Avg Household Size
38
Median Age
55%
College-Educated
94%
High-School Grad
3.1 sq mi
ZIP Area
3,888
Density / Sq Mi
$70,897
Median Household Income
$54,650
Median Earnings
$929
Median Rent
$259,300
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 - One-bedroom residences feature refreshed building systems, windows, and improvements completed throughout the interiors and exterior.
Where is this apartment building located?
The property is located at 6449 Montgomery Rd Cincinnati, OH.
What are key features of this property?
This property features: 17 one‑bedroom apartment units; Updated electrical, plumbing, windows, and PTAC units; Interior and exterior renovations completed over the past 12+ months
More about this property
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