20-Unit Multifamily Property | Over-the-Rhine 139 E Clifton Ave 20 Unit Apartment Building $2,359,000 ($117,950/Unit) Cincinnati, OH 45202

INVESTMENT HIGHLIGHTS

  • 20-Units
  • Rentable SqFt - 12,650 SqFt
  • Fully Secured Property
  • Fully Renovated Units
  • Tax Abatement through 2035

EXECUTIVE SUMMARY

3CRE is excited to introduce a multifamily opportunity at 139 East Clifton Avenue, Cincinnati, OH 45219. This well-maintained property consists of 20 units, featuring a mix of studios, one-bedroom, two-bedroom, and three-bedroom units. There is an opportunity to acquire a neighboring property as well at 1801 Lang Street (Six-Unit Fully Renovated Complex). Fully occupied with stable, long-term tenants, the property generates strong cash flow. Located in the highly sought-after Over-the-Rhine neighborhood, this asset presents an excellent investment opportunity with solid rental demand and value-added opportunity.
Situated in the heart of Over-the-Rhine, the property offers unmatched access to Cincinnati’s best amenities. Just minutes away from the University of Cincinnati, Cincinnati Children’s Hospital, and major transit routes, residents enjoy easy access to education, healthcare, and employment hubs. The area is also home to a variety of local shops, restaurants, and recreational facilities, making it an attractive location for tenants. With its proximity to downtown Cincinnati and other key business districts, 139 East Clifton Avenue offers a prime investment location in one of the city’s most desirable neighborhoods.

ATTACHMENTS

139 E Clifton

PROPERTY FACTS

Price $2,359,000
Price Per Unit $117,950
Sale Type Investment
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 10,178 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1870/2023
Opportunity Zone Yes

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Walk-Up
  • Smoke Detector
Walk Score®
Walker's Paradise (90)

ZONING

Zoning Code RM-0.7
  • Listing ID: 35010022

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 139 E Clifton Ave, Cincinnati, OH 45202