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About This Home
This 0-bedroom, 0-bathroom multi-family at 161 E Mcmicken Avenue in Cincinnati, OH is listed for $935,000. Built in 1885, on a N/A lot.
Turnkey 6-unit multifamily in Cincinnati's Over-the-Rhine with City tax abatement through 2032 (taxes just $1,679/yr). Mix of 3 one-bedroom and 3 studio units. Each unit features separate HVAC, in-unit laundry, and recently renovated. Updated plumbing, electrical, modern interiors, zero deferred maintenance.
Hardwired internet system charged back to tenants, security cameras, and ample nearby public parking. Offered at 7.2% cap rate on $8,205/mo current rents. Value-add upside through rent growth as abatement matures and OTR submarket continues to strengthen.
Key Features
- Built in 1885
Property Details
Monthly Cost Estimate
$5,001/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
161 E Mcmicken Avenue
Cincinnati, OH 45202
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 161 E Mcmicken Avenue is listed at $935,000. The estimated monthly payment is $4,052 based on 20% down at 6.5% interest.
Key features include: Built in 1885.
This property is listed by Andrew Kroeger and can be reached at (513) 766-9200 or drewkroeger@kw.com.
