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Investment Highlights

  • Development Opportunity.
  • Historically low vacancies. Great tenant base
  • Steps away from community center
  • Very low maintenance required
  • Great location near University, hospitals, Clifton, Downtown' OTR, Interstates
  • Off street Parking

Executive Summary

***********************SELLER FINANCING********************** 20% DOWN, 5% INTEREST, 5 YEAR TERM AMORTIZED OVER 30 YEARS!!!!!!!!!!!!!!!!!!!*************************
Two parcel redevelopment opportunity!!! Second parcel has a market value of $85,000 currently with two story barn that could be rented for an additional $5,000/year of income!! The three story three family home is very solid masonry construction. No settlement, no cracks for nearly 140 years! New commercial grade EPDM rubber roof! 2005 renovation included new windows, kitchens, and bathrooms. Refinished original red fir floors. Very large rooms with tall ceilings creating nice character to each apartment. Up and coming neighborhood. CLOSE to the UNIVERSITY of CINCINNATI, Hospitals, Clifton Gaslight business district, OTR, Downtown, Mom 'n 'ems Coffee, Camp Washington Chili, Interstates.
Apartment #1: 1 bed/1bath first floor . Front and back covered porches and fenced back yard.
Apartment #2: 2 bed/1 bath second floor
Apartment #3: 2bed/1bath w office third floor
Off street parking for 6 cars!!

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $487,339 CAD
Price Per Unit $121,835 CAD
Sale Type Investment
Cap Rate 11.25%
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,104 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1891/2005
Parking Ratio 1.46/1,000 SF
Opportunity Zone Yes
Zoning SF2 - Zoning district is intended for moderate-density single-family residential use.

Amenities

  • Smoke Detector

Unit Amenities

  • Cable Ready
  • Storage Space
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Hardwood Floors
  • Tub/Shower
  • Yard
  • Basement

Site Amenities

  • Clubhouse
  • Fenced Lot
  • Laundry Facilities
  • Playground
  • Pool
  • Basketball Court
  • Renters Insurance Program
  • Smoke Free
  • Vintage Building
  • Storage Space
  • Bicycle Storage
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,234 CAD 750
2+1 2 $1,652 CAD 750
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 189-0023-0063
  • 189-0023-0062
Land Assessment
$6,478 CAD (2025)
Improvements Assessment
$36,987 CAD (2025)
Total Assessment
$43,464 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40102832

  • Date on Market: 2026-04-10

  • Last Updated:

  • Address: 3068 Sidney Ave, Cincinnati, OH 45225

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