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Renovated 5-Unit Apartment Building
For Sale
Contact for pricing
Pending

7508 Elizabeth St, Cincinnati, OH 45231

Updated apartments include private storage, basement laundry, and separately metered electric service.

Property SizeContact for details
Days on Market141

Property Features for 7508 Elizabeth St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: 3CRE
Listed By: Tryfon Christoforou · License #OH SAL.2014001869
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 4:07AM

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 3CRE

Investment Insights

Based on property information with market context.

The property contains five renovated apartments, including one two-bedroom, one-bath residence and four one-bedroom, one-bath residences. Improvements include updated flooring, kitchens, countertops, bathrooms, and decks. Each apartment has separately metered electric service, while residents are responsible for electric, gas, and heat. Water and trash are covered by ownership, with a water fee recently implemented to recoup water expenses.

Building upgrades include five high-efficiency furnaces and insulated vinyl windows installed in 2020, along with three water heaters added in 2019 and 2020. A roof replacement was completed within the last ten years. The full basement provides a dedicated storage bay for each apartment and includes new coin-operated washers and dryers.

Key Highlights

  • Five‑unit mix: one 2‑bedroom, 1‑bath unit and four 1‑bedroom, 1‑bath units
  • All apartments fully renovated with updated flooring, kitchens, countertops, bathrooms, and decks
  • Five high‑efficiency furnaces and insulated vinyl windows installed in 2020

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Electrical Service Restaurant

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

527
Businesses Nearby

Demographics for 45231, OH

41,934
Population
17,845
Households
2.3
Avg Household Size
40
Median Age
27%
College-Educated
91%
High-School Grad
14.8 sq mi
ZIP Area
2,833
Density / Sq Mi
$69,140
Median Household Income
$43,400
Median Earnings
$1,118
Median Rent
$164,900
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 - Updated apartments include private storage, basement laundry, and separately metered electric service.
Where is this apartment building located?
The property is located at 7508 Elizabeth St Cincinnati, OH.
What are key features of this property?
This property features: Five‑unit mix: one 2‑bedroom, 1‑bath unit and four 1‑bedroom, 1‑bath units; All apartments fully renovated with updated flooring, kitchens, countertops, bathrooms, and decks; Five high‑efficiency furnaces and insulated vinyl windows installed in 2020
(513) 745-9333 Call to check price and availability
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