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422 W McMicken Ave

5 Unit Apartment Building $305,000 ($61,000/Unit) Cincinnati, OH 45214

Investment Highlights

  • Off-street parking on the additional acreage (18'x100')
  • Walkable to abundant amenities
  • Growing OTR neighborhood
  • Walkable to abundant amenities
  • Shell ready for redevelopment
  • Close to bus and streetcar stops 

Executive Summary

Development opportunity on quickly growing throughfare in OTR. 3 story shell is stable and ready for redevelopment. Take advantage of historic tax credits and abatements available to developers in excellent rental market. Listing includes additional acreage being sold with the property for off street parking. Developers are heavily investing in this area of OTR. Walkable to stadiums, bars, restaurants, shopping and more.

Property Facts

Price $305,000
Price Per Unit $61,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.06 AC
Building Size 3,777 SF
No. Stories 3
Year Built 1889
Walk Score ®
Very Walkable (77)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
096-0003-0056
Land Assessment
$5,233
Improvements Assessment
$47,268
Total Assessment
$52,501

zoning

Zoning Code RM-0.7 (Retail/Residential)
RM-0.7 (Retail/Residential)
  • Listing ID: 29576350

  • Date on Market: 9/21/2023

  • Last Updated:

  • Address: 422 W McMicken Ave, Cincinnati, OH 45214

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