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161 E McMicken Ave

6 Unit Apartment Building $895,000 ($149,167/Unit) Cincinnati, OH 45202

Executive Summary

161 E McMicken Ave presents a rare opportunity to acquire a fully renovated, 6 unit apartment in the heart of Cincinnati's vibrant Over the-Rhine neighborhood. Modern, Spacious Units: Featuring 3 one-bedroom and 3 studio apartments. Complete ground up restoration /renovation completed in 2021. Each unit includes individual HVAC, thermostats, utilities, washer, and dryer. Tax advantage: 7 years remain on the 10-year tax abatement, reducing operating costs. Prime location: Nestled in the heart of Over-the-Rhine, residents are steps away from renowned restaurants, shops, and exciting entertainment options. Washington Park and Findlay Market are also within easy reach. Secure and convenient: Gated off-street parking is available to residents.

Attachments

Brochure

Property Facts Under Contract

Price $895,000
Price Per Unit $149,167
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Building Size 6,000 SF
No. Stories 3
Year Built 1885
Opportunity Zone Yes

Unit Amenities

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

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 - 500
1+1 3 - 1,350
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33827280

  • Date on Market: 2/14/2024

  • Last Updated:

  • Address: 161 E McMicken Ave, Cincinnati, OH 45202

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