1622-1626 Linn St Cincinnati, OH 45214
This exceptional value-add opportunity presents a rare chance to acquire the Dunlap Apartments, a 9-unit multifamily property situated in the heart of Cincinnati, Ohio. Located at 1622-1626 Linn St, 45214, this property boasts a prime location between Finley Market, TQL Stadium, Interstate 75, and Knox Distillery, offering unparalleled access to vibrant city amenities. The property comprises two buildings, each three stories high, totaling 8,000 square feet of net rentable space. Built in 1913, the property is currently vacant, presenting a blank canvas for a savvy investor to implement a comprehensive renovation and repositioning strategy. The existing nine units feature a mix of two and three-bedroom layouts. The property is zoned for apartments and is offered at an attractive price of $350,000, or $35,000 per unit. The property's legal description includes APN numbers 133-0006-0296-00 and 133-0006-0296-00. This distressed sale presents a significant upside potential for an investor seeking to capitalize on the strong rental demand in this desirable Cincinnati neighborhood. The property is owned by an LLC. This is a truly unique opportunity to acquire a multifamily asset in a high-growth area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.