Triplex with
New
For Sale
$335,000
7796 Stillwell Rd, Cincinnati, OH 45237
Three apartments have been recently renovated, and the property includes garages and updated electrical service.
Property Size3,480 SF
Price / SF$96.26
Days on Market5
Property Features for 7796 Stillwell Rd
General Information
Standard status
Active
Size
3,480 SF
Property subtype
Multi-Family
Building Details
Year Built
1948
Listing Agency:
Keller Williams Advisors
Listed By:
Jerry T. Garrison · License #433588
(513) 325-2245
Source:
Lovdalgroup
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 4 at 1:13PM
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 Keller Williams Advisors
Investment Insights
Based on property information with market context.
This 1948 triplex contains three apartments, with all three recently renovated. The property also includes garages and updated electrical service. Its reported property size is 3,480 square feet.
The building occupies a corner lot at 7796 Stillwell Rd in Cincinnati, Ohio. It is described as VA- and FHA-eligible.
The building occupies a corner lot at 7796 Stillwell Rd in Cincinnati, Ohio. It is described as VA- and FHA-eligible.
Key Highlights
- Three apartments recently renovated
- 3,480‑square‑foot property
- Garages on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,158
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,160
$583.2K
Cap Rate 7%
$416,543
$416.5K
Cap Rate 9%
$323,978
$324.0K
Market Conditions
NOI Build-Up for 3,480 SF
Gross rent
$44.3K $12.72/SF
− Vacancy
−$2.6K −$0.75/SF
EGI
$41.7K $11.97/SF
− OpEx
−$12.5K −$3.59/SF
NOI
$29.2K $8.38/SF
Area
Cincinnati, OH
Vacancy
5.90%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,160
Cap Rate 7%
$416,543
Cap Rate 9%
$323,978
Alternative Uses
Best Use
Multifamily LT 5
$416.5K
$364.5K – $486.0K
NOI $29,158 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$369.4K
$323.2K – $430.9K
NOI $25,856 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$691.8K
$605.3K – $807.1K
NOI $48,424 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
Explore this area
Business Placement
Demographics for 45237, OH
21,029
Population
10,976
Households
1.9
Avg Household Size
41
Median Age
29%
College-Educated
88%
High-School Grad
6.1 sq mi
ZIP Area
3,447
Density / Sq Mi
$43,598
Median Household Income
$34,276
Median Earnings
$863
Median Rent
$158,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three apartments have been recently renovated, and the property includes garages and updated electrical service.
Where is this triplex located?
The property is located at 7796 Stillwell Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Three apartments recently renovated; 3,480‑square‑foot property; Garages on site
