422 W McMicken Ave
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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 | Apartment Style | Low Rise |
Price Per Unit | $61,000 | Building Class | C |
Sale Type | Investment | Lot Size | 0.06 AC |
No. Units | 5 | Building Size | 3,777 SF |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 1889 |
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 |
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Walk Score ®
Very Walkable (77)
PROPERTY TAXES
Parcel Number | 096-0003-0056 | Improvements Assessment | $47,268 |
Land Assessment | $5,233 | Total Assessment | $52,501 |
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) |
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422 W McMicken Ave
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