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2512-2516 Highland Ave 24 Unit Apartment Building $727,881 CAD ($30,328 CAD/Unit) Cincinnati, OH 45219
INVESTMENT HIGHLIGHTS
- 24 Units
EXECUTIVE SUMMARY
Court Appointed Receiver Sale – 2512-2518 Highland Ave. Two three-story brick buildings with 24-units. Located just 5 minutes north of downtown Cincinnati with convenient access to I-71. Situated on 0.347 acres offering ample off street parking. Currently 45% occupied, 2512 Highland Avenue offers significant value-add potential through lease-up and rent increases. This property presents a rare opportunity to acquire a well-located multifamily asset at a basis below replacement cost with strong potential for repositioning and long-term appreciation.
A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price
As-Is, Where-Is
Sold free and clear of all liens
Taxes are prorated of the day of closing
Receiver will convey insurable title
Financing contingencies are not permitted
Due diligence contingencies are not permitted
Subject to court approval
Winning bidder must wire a ten percent (10%) deposit to escrow holder by 1pm ET January 14, 2026
A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price
As-Is, Where-Is
Sold free and clear of all liens
Taxes are prorated of the day of closing
Receiver will convey insurable title
Financing contingencies are not permitted
Due diligence contingencies are not permitted
Subject to court approval
Winning bidder must wire a ten percent (10%) deposit to escrow holder by 1pm ET January 14, 2026
PROPERTY FACTS
| Price | $727,881 CAD | Building Class | C |
| Price Per Unit | $30,328 CAD | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 17,600 SF |
| Sale Condition | Distress Sale | Average Occupancy | 46% |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1952 |
| Property Subtype | Apartment | Parking Ratio | 1.6/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | OG | ||
| Price | $727,881 CAD |
| Price Per Unit | $30,328 CAD |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 17,600 SF |
| Average Occupancy | 46% |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | OG |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Online Services
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 21 | - | 700 |
| Studios | 3 | - | 600 |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 092-0001-0024 | Improvements Assessment | $285,276 CAD |
| Land Assessment | $78,527 CAD | Total Assessment | $363,803 CAD |
PROPERTY TAXES
Parcel Number
092-0001-0024
Land Assessment
$78,527 CAD
Improvements Assessment
$285,276 CAD
Total Assessment
$363,803 CAD
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2512-2516 Highland Ave
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