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100 E McMicken Ave 6 Unit Apartment Building $418,836 CAD ($69,806 CAD/Unit) Cincinnati, OH 45202
Investment Highlights
- Going to auction June 15, 2026 | Starting Bid $300,000
- Strong projected NOI — 2026 stabilized NOI of ~$70,049, growing to over $105,000 by 2029 based on pro forma projections
- Attractive unit structure — 6 units averaging 886 SF each, all 1BD/1BA
- Turn-Key — Construction complete; allowing an investor to begin leasing immediately upon closing
- Proximity to major corridors — Easy access to I-71/I-75, Downtown Cincinnati, and the broader urban core
Executive Summary
AUCTION-- 100 E McMicken Ave., Cincinnati, OH 45202 is a rare opportunity to acquire a fully renovated, turn-key multifamily asset in the heart of Over-the-Rhine—one of Cincinnati’s most vibrant and walkable neighborhoods. Originally built in 1885 and comprehensively redeveloped, this historic brick property features 6 spacious 1BD/1BA units totaling approximately 5,148 SF. Construction is complete and the property has received its Certificate of Occupancy, allowing a new owner to begin leasing immediately with no development risk. Units average roughly 886 SF and feature modern finishes that appeal to today’s urban renter. The asset also benefits from a 30-year TIF tax abatement through 2032, helping keep annual real estate taxes exceptionally low and supporting stronger day-one cash flow. Positioned near Downtown Cincinnati with convenient access to I-71 and I-75, the property offers residents proximity to major employment centers, entertainment, dining, and neighborhood amenities. Zoned CC-P-T and located within an Opportunity Zone, this is a compelling value-add and long-term hold opportunity in one of the Midwest’s most sought-after urban districts!
Property Facts
| Price | $418,836 CAD | Building Class | C |
| Price Per Unit | $69,806 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 5,148 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1885 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | CCP | ||
| Price | $418,836 CAD |
| Price Per Unit | $69,806 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,148 SF |
| No. Stories | 3 |
| Year Built | 1885 |
| Opportunity Zone |
Yes |
| Zoning | CCP |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Hardwood Floors
- Stainless Steel Appliances
- Double Pane Windows
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 094-0007-0252 | Improvements Assessment | $15,710 CAD |
| Land Assessment | $14,629 CAD | Total Assessment | $30,339 CAD |
Property Taxes
Parcel Number
094-0007-0252
Land Assessment
$14,629 CAD
Improvements Assessment
$15,710 CAD
Total Assessment
$30,339 CAD
Contacts
-
Michael Bergman -
Kristina Skurow -
Gueorgui Chikov -
Astonish Commercial Real Estate Services
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100 E McMicken Ave
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