Adjoining Triplex Apartment
For Sale
Contact for pricing
Melrose Avenue, Cincinnati, OH 45206
Side-by-side residential buildings include a renovated structure and a second shell building ready for new finishes.
Property SizeContact for details
Days on Market288
Property Features for Melrose Avenue
General Information
Standard status
Active
Property subtype
Multifamily, Land
Net Operating Income
$36,687
Building Details
Year Built
1914
Listing Agency:
J.A. Trautmann Realtors
Listed By:
Ben Trautmann · License #OH
Source:
Crexi
Added: Jan 6
Changed: Oct 10
Last Checked: Oct 20 at 6:16PM
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 J.A. Trautmann Realtors
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Investment Insights
Based on property information with market context.
This multifamily offering consists of two adjoining triplex buildings positioned together at a corner intersection. The arrangement places six residential units under coordinated ownership, supporting streamlined maintenance and management. One building has been fully renovated, with one third-floor apartment occupied and two additional units vacant for showings. The second structure remains a shell, allowing a future owner to complete the interior finishes.
The property is located in East Walnut Hills, with restaurants, bars, and retail within walking distance. A city bus stop serves the site, while the University of Cincinnati is approximately one mile away and Xavier University is approximately two miles away. The buildings date to 1914 and offer a combination of existing residential operations and unfinished space within the same adjoining property.
The property is located in East Walnut Hills, with restaurants, bars, and retail within walking distance. A city bus stop serves the site, while the University of Cincinnati is approximately one mile away and Xavier University is approximately two miles away. The buildings date to 1914 and offer a combination of existing residential operations and unfinished space within the same adjoining property.
Key Highlights
- Two adjoining triplex buildings with six residential units
- One building fully renovated; two units vacant for showings
- Second structure is a shell ready for new interior finishes
Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,474
Businesses Nearby
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Business Placement
Demographics for 45206, OH
10,670
Population
7,191
Households
1.5
Avg Household Size
37
Median Age
49%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
5,335
Density / Sq Mi
$51,128
Median Household Income
$44,936
Median Earnings
$849
Median Rent
$269,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Side-by-side residential buildings include a renovated structure and a second shell building ready for new finishes.
Where is this triplex located?
The property is located at Melrose Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two adjoining triplex buildings with six residential units; One building fully renovated; two units vacant for showings; Second structure is a shell ready for new interior finishes
