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944 Seton Ave
Cincinnati, OH 45205
Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- 10-Unit Brick Building
- Large Parking Lot
EXECUTIVE SUMMARY
Court Appointed Receiver Sale. 6,268 SF, 10-unit brick apartment-building on a .438-acre lot. Building features three 2-bedroom units and seven 1-bedroom units, currently at 70% occupancy. 3 single-car attached garage spaces and a large parking lot able to accommodate 15+ vehicles.
Auction Ends: October 23, 2025 @ 2pm ET
Sale Terms
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 $20,000 deposit to escrow holder within 24 hours of the auction end
Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice.
Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.
Auction Ends: October 23, 2025 @ 2pm ET
Sale Terms
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 $20,000 deposit to escrow holder within 24 hours of the auction end
Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice.
Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 0.44 AC |
| Sale Condition | Distress Sale | Building Size | 6,268 SF |
| No. Units | 10 | Average Occupancy | 70% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1971 |
| Apartment Style | Low-Rise | Parking Ratio | 1.6/1,000 SF |
| Building Class | C | ||
| Zoning | SF-4 | ||
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 6,268 SF |
| Average Occupancy | 70% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | SF-4 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| 2+1 | 3 | - | - |
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