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2749 Queen City Ave

24 Unit Apartment Building For Sale Cincinnati, OH 45238

Investment Highlights

  • Well-Maintained Asset – Since 2019 all units have been renovated, both boiler systems replaced, one new roof installed, and other items addressed
  • Desirable Submarket – Westwood's rent growth has been 7.6% over the past twelve months, while occupancy has remained healthy at 95%.
  • Stabilized Asset – Queen Siena is currently achieving $875 on average for its leases and is over 90% occupied.
  • Call for offers date: Thursday, November 7th, 2024 - contact Austin Hall for offering: austin.hall@marcusmillichap.com

Property Facts

Sale Type Investment
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.63 AC
Building Size 12,623 SF
Average Occupancy 92%
No. Stories 3
Year Built 1967
Parking Ratio 1.71/1,000 SF

Unit Amenities

  • Balcony
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 24 $1,229 CAD 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 208-0063-0077
  • 208-0063-0050
Land Assessment
$90,207 CAD
Improvements Assessment
$471,149 CAD
Total Assessment
$561,356 CAD

zoning

Zoning Code RM-1.2 (Designed to accommodate a variety of residential housing types, including single-family homes, duplexes, triplexes, and fourplexes.)
RM-1.2 (Designed to accommodate a variety of residential housing types, including single-family homes, duplexes, triplexes, and fourplexes.)
  • Listing ID: 33391967

  • Date on Market: 2024-10-03

  • Last Updated:

  • Address: 2749 Queen City Ave, Cincinnati, OH 45238

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