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    Three-Unit Multifamily Property Title is generated by Realmo AI

    964 Windsor Street, Cincinnati, OH 45206

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    Claim this Listing
    For Sale
    $374,900

    MULTI_FAMILY - Cincinnati, OH

    Property size:
    3,159 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $118/SF
    Added:
    Apr 30, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 17 at 6:06 am

    Property Features for 964 Windsor Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway, On Street
    Window features
    Vinyl Frames
    Patio and Porch features
    Porch
    Exterior features
    Porch, Fire Escape
    Fireplace
    1
    Standard status
    Active
    APN
    067-0001-0153-00
    Size
    3,159 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1890
    Number of units
    3
    Building materials
    Brick
    Roof type
    Membrane, Shingle

    We can help!

    Listing Contact
    Kevin Hildebrand
    Kevin Hildebrand

    Listing agent Kevin Hildebrand License #0000409383

    Listing office eXp Realty 300 E Business Way, Suite 200, Dublin, OH

    Listing date Apr 30, 2026

    MLS# 1877491 Listing URL

    Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Three‑unit multifamily home in Walnut Hills with brick exterior and porch access
    • Kitchen and bath updates in each unit
    • Fireplace present; fire escape and porch included
    • New sewer installed in 2023
    • Heating: natural gas forced air
    • Roof includes shingle and membrane; parking includes driveway plus on‑street

    Overview

    This three-unit multifamily property offers interior updates in each unit, including kitchen and bath improvements. A new sewer was installed in 2023. The offering also includes the option to purchase an additional lot alongside the main property.

    Located in Cincinnati’s Walnut Hills area, the property is positioned near parks and within reach of local shops and dining. Access to highways is described as quick, supporting convenient commuting and day-to-day logistics.

    Well-suited for buyers looking to own a small income-producing property, the updated unit interiors can help reduce near-term renovation planning. The 2023 sewer improvement is a practical consideration for long-term maintenance planning. With three units under one roof and an additional lot available for purchase, this may appeal to owner-occupants and investors seeking manageable scale and flexibility within the same transaction.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $40.2k $12.72
    − Vacancy −$2.4k −$0.75
    EGI $37.8k $11.97
    − OpEx −$11.3k −$3.59
    NOI $26.5k $8.38
    3,159 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $378.1K
    $330.9K – $441.1K (±1% cap)
    NOI $26,468 @ 7.0% cap · market cap 7.06%
    Second Best
    Apartment 5plus
    $335.3K
    $293.4K – $391.2K (±1% cap)
    NOI $23,471 @ 7.0% cap · market cap 6.26%
    Theoretical Best
    Office A
    $628.0K
    $549.5K – $732.6K (±1% cap)
    NOI $43,958 @ 7.0% cap · market cap 11.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.489224
    Latitude
    39.122547

    FAQs

    What type of property is this?
    Triplex - Updated three-unit income property with 2023 sewer improvements and an additional lot option.
    Where is this triplex located?
    The property is located at 964 Windsor Street Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: Three‑unit multifamily home in Walnut Hills with brick exterior and porch access; Kitchen and bath updates in each unit; Fireplace present; fire escape and porch included
    More about this property
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