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    Property profile & analytics

    3204 Mozart Ave Cincinnati, OH 45211-5571

    • Apartment buildings
    • 16,224 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US66-1913067
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mozart Apartments / Apartment Building

    Property Details for 3204 Mozart Ave

    Year built
    1978
    Lot size
    0.68 lot acres
    Property size
    16,224 SF
    Property type
    Apartment buildings
    APN
    211-0072-0002-00
    APU
    2110072000200

    Description

    This exceptional 24-unit apartment building, located at 3204-3206 Mozart Avenue in Cincinnati, Ohio's Westwood neighborhood, presents a compelling investment opportunity. Built in 1978, this single-building property boasts a strong net operating income (NOI) of $157,339, translating to an attractive 8.50% capitalization rate. The asking price is $1,850,000, representing a price per unit of $77,083.33. All 24 units are one-bedroom apartments, providing a consistent and manageable rental portfolio. The property's convenient Westwood location offers residents proximity to a variety of shops and restaurants, enhancing its appeal to tenants and contributing to its strong occupancy rates. This well-maintained building presents a solid foundation for immediate cash flow and potential future appreciation. The property is situated in Hamilton County, Ohio, with a zip code of 45211. Its prime location and strong financial performance make this a highly desirable investment for discerning buyers seeking a stable and profitable multifamily asset in a thriving Cincinnati neighborhood. The property's financial performance and location make it an attractive investment opportunity. Further details are available upon request.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $280,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $225,000
      Mixed-Use
      $315,000
      Hospitality
      $295,000
      Educational
      $310,000
      Residential Income
      $310,000
      Energy
      $240,000
      Income-Based Land
      $290,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.6068
    Latitude
    39.1542
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,647
    $64,680
    $135,569
    $200,249
    -
    $184,800
    $387,340
    $572,140

    Comparable in this City

    • Value Estimation
      $3,105,000
      14,760 SF

      2721 Baker Ave

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      View Details
    • Value Estimation
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      2.16 Acres

      2700 Harrison Ave

      APARTMENT HOUSE (5+ UNITS) • 2.16 Acres
      2700 Harrison Ave, Cincinnati, OH 45211-7759
      View Details
    • Value Estimation
      $365,000
      12,808 SF

      2886 Harrison Ave

      APARTMENT HOUSE (5+ UNITS) • 12,808 SF
      2886 Harrison Ave, Cincinnati, OH 45211-7120
      View Details
    • Value Estimation
      $420,000
      19,460 SF

      2880 Harrison Ave

      APARTMENT HOUSE (5+ UNITS) • 19,460 SF
      2880 Harrison Ave, Cincinnati, OH 45211-7159
      View Details
    • Value Estimation
      $420,000
      15,012 SF

      2587 Lafeuille Ave

      APARTMENT HOUSE (5+ UNITS) • 15,012 SF
      2587 Lafeuille Ave, Cincinnati, OH 45211-8265
      View Details
    • Value Estimation
      $615,000
      10,692 SF

      3179 Mayridge Ct

      APARTMENT HOUSE (5+ UNITS) • 10,692 SF
      3179 Mayridge Ct, Cincinnati, OH 45211-6871
      View Details

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    Cincinnati, OH 45211-5571
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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