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Property profile & analytics
OFF-MARKET
Estimated value
$1,330,000
Apartment buildings
201 Klotter Ave Cincinnati, OH 45219-1469
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US66-5942364
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1931
Total area
17,019 SF
Lot
0.23 ac (10,193 SF)
APN
095-0002-0113-00
UPID
US66-5942364
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$891k
Blend (final)
Blend
$1.33M
Owner & transaction history
Ditmars Steinway LLC · 14 yrs held
Ditmars Steinway LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.0M
+38.2%
Office building
$1.8M
+26.3%
Retail stores
$1.6M
+14.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cincinnati submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cincinnati submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,430,000
Current use
MEDICAL BUILDING
$1,975,000
Change: +38% · Conversion: Moderate
OFFICE BUILDING
$1,805,000
Change: +26% · Conversion: Moderate
RETAIL STORES
$1,635,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,505,000
Change: +5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,475,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$78 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,643
Tax year 2023
Assessed value
$360,315
Assessed 2023
Previous assessed
$303,636
+18.7% YoY
Effective rate
8.23%
On assessed value
Assessed land
$52,080
Assessed improvement
$308,235
Land market value
$148,800
Improvement market value
$880,670
Total market value
$1,029,470
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1931
Heating
YES
Stories
3
Total area
17,019 SF
Lot
0.23 ac (10,193 SF)
APN
095-0002-0113-00
UPID
US66-5942364
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1931
Heating
YES
Stories
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ditmars Steinway LLC
Entity
Mailing address
7276 TIMBERNOLL DR, WEST CHESTER, OH 45069-2681
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2022
—
Ditmars Steinway LLC
—
Deed
related
$730,000 · Republic Bank & Trust Co
Aug 14, 2020
—
Ditmars Steinway LLC
—
Deed
related
$450,000 · Wesbanco Bk
Mar 1, 2019
—
Ditmars Steinway LLC
—
Deed
related
$70,000 · Us Bk
Nov 18, 2016
—
Ditmars Steinway LLC
—
Deed
related
$441,448 · Us Bk
Jul 2, 2012
$700,000
Ditmars Steinway LLC
201 Klotter Management LLC
Grant Deed
—
May 18, 2011
$627,000
201 Klotter Management LLC
Crystal Clear Living Solutions
Grant Deed
—
Feb 26, 2008
$909,000
Crystal Clear Living Solutions
Casco Bay Holding Co LLC
Grant Deed
$804,000 · Casco Bay Holding Co LLC
Aug 16, 2007
—
Casco Bay Holding Co LLC
201 Klotter LLC
Grant Deed
—
May 25, 2005
$1,100,000
201 Klotter LLC
Taylor Properties
Warranty Deed
$880,000 · Peoples Community Bank
Mar 6, 2001
$688,500
Taylor Properties
V-squared Investments
Grant Deed
$550,800 · Fifth Third Bank
—
—
Ditmars Steinway LLC
—
Loan Modification
related
$70,000 · Us Bk
—
—
V Squared Investments
—
Deed Of Trust
related
$660,000 · Fifth Third Bank
—
—
Ditmars Steinway LLC
—
Loan Modification
related
$441,448 · Us Bk
—
—
Ditmars Steinway LLC
—
Deed Of Trust
related
$450,000 · Wesbanco Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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