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503 Woodlawn Ave
Cincinnati, OH 45205
Multifamily Property For Sale · 16 Units

EXECUTIVE SUMMARY

Great solid brick investment opportunity! Minutes to the incline district. 16 units- all one bedroom, one bathroom. 11 units have balconies. Coin
operated laundry and individual storage units. 100% occupied, $10,970 monthly cash flow with room to raise rents! Off street parking lot. Owner pays
heat, water, trash and sewer, tenants pay electric. Can be bought as a package deal with 2861 Harrison, 12 units.

Rent roll attached doesn't reflect most recent leases, unit 3 and 13 have been filled at $750 each, total rent amount is $10,970. All units are
cosmetically equivalent to units shown. Occupied unit 12 can be shown with a 24 hour notice. Common areas can be shown anytime. Once under contract all units can be shown.

PROPERTY FACTS

Price Per Unit $90,714 CAD
Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.65 AC
Building Size 8,800 SF
Average Occupancy 94%
No. Stories 2
Year Built 1965
Parking Ratio 1/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Heating
  • Kitchen
  • Refrigerator

SITE AMENITIES

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

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 $955.99 CAD 550

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
177-0034-0114
Land Assessment
$29,520 CAD
Improvements Assessment
$300,638 CAD
Total Assessment
$330,158 CAD

ZONING

Zoning Code AO1, Cincinnati
AO1, Cincinnati
  • Listing ID: 35025210

  • Date on Market: 2025-03-05

  • Last Updated:

  • Address: 503 Woodlawn Ave, Cincinnati, OH 45205

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