Multifamily Housing
2751 Arbor Avenue Cincinnati, OH 45209
Details & Description
Price: $552,000
    The 3CRE Team is proud to present the Arbor Avenue Apartments for Sale [9 Units]. This The property consists of Eight [8] Studio Units and One [1] 1BR|1BA unit located in the very desirable Oakley sub-market. The tenants are responsible for paying their own electric while the landlord is responsible for heat & water. There is currently a water charge system in place which helps offset the utility charge. Each unit contains hardwood floors, stoves, refrigerators. Over 30K in upgrades to the building which include the exterior with brick tuck pointing and sealing, the boiler and water heater have been replaced, and some units have had upgrades to the kitchens, flooring, and bathrooms. With the property only being 2 blocks from Rookwood Commons, there is high demand with potential tenants. There is an opportunity to raise rents and create value by additional upgrades to the units [Kitchens & Bathrooms].
    Additional Photos
    Listing Agents
    Tryfon Christoforou

    O: 513-490-6881
    tryf@3cre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2751 Arbor Avenue

    Cincinnati, OH 45209

    Listing ID: 200142
    • 2751 Arbor Avenue Cincinnati, OH 45209 | for Sale | Photo 1
    • 2751 Arbor Avenue Cincinnati, OH 45209 | for Sale | Photo 2
    • 2751 Arbor Avenue Cincinnati, OH 45209 | for Sale | Photo 3
    • 2751 Arbor Avenue Cincinnati, OH 45209 | for Sale | Photo 4
    2751 Arbor Avenue | for Sale | Thumbnail 1
    2751 Arbor Avenue | for Sale | Thumbnail 2
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    2751 Arbor Avenue | for Sale | Thumbnail 4
    Building Size: 2,916 SF
    Lot Size: 0.177 AC
    Land Size: 7,710 SF
    Building $/SF: $189.30
    Land $/SF: $71.60
    Price
    $552,000
    Description

    The 3CRE Team is proud to present the Arbor Avenue Apartments for Sale [9 Units]. This The property consists of Eight [8] Studio Units and One [1] 1BR|1BA unit located in the very desirable Oakley sub-market. The tenants are responsible for paying their own electric while the landlord is responsible for heat & water. There is currently a water charge system in place which helps offset the utility charge. Each unit contains hardwood floors, stoves, refrigerators. Over 30K in upgrades to the building which include the exterior with brick tuck pointing and sealing, the boiler and water heater have been replaced, and some units have had upgrades to the kitchens, flooring, and bathrooms. With the property only being 2 blocks from Rookwood Commons, there is high demand with potential tenants. There is an opportunity to raise rents and create value by additional upgrades to the units [Kitchens & Bathrooms].

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Cincinnati History of Multifamily Housing for Sale

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    Cincinnati Area Market Trends

    Listing Demographics for 2751 Arbor Avenue Cincinnati, OH 45209

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population19,771112,703273,405
    Population Median Age373837
    Population by Age0-9 Yrs1758 (8%)12770 (11%)31103 (11%)
    10-19 Yrs1456 (7%)11852 (10%)34248 (12%)
    20-29 Yrs5372 (27%)22470 (19%)54766 (20%)
    30-39 Yrs3680 (18%)16890 (14%)39165 (14%)
    40-49 Yrs2554 (12%)12801 (11%)29688 (10%)
    50-59 Yrs1677 (8%)13058 (11%)31858 (11%)
    60-69 Yrs1819 (9%)13000 (11%)29454 (10%)
    70+ Yrs1456 (7%)9863 (8%)23123 (8%)
    Median HH Income$72,715$53,787$51,260
    Total Household Income< 24K1624 (16%)13194 (24%)33328 (27%)
    25-49K1778 (17%)11680 (22%)26478 (21%)
    50-74K1741 (17%)8603 (16%)19391 (15%)
    75-99K1142 (11%)5528 (10%)12287 (10%)
    100-199K2607 (26%)9834 (18%)21581 (17%)
    200K+1118 (11%)4102 (7%)8899 (7%)
    Highest Education LevelNo Diploma764745117758
    Diploma or GED17421599039664
    Some College17671338932097
    Assoc. Degree578551012808
    Bachelors Degree54502096846490
    Higher Degree44061584833932
    Total Housing Units10,80360,475139,863
    --Owner-Occupied4,83024,59757,020
    --Renter-Occupied5,18028,34464,944
    Owner-Occupied Values< 100K331532412702
    100-199K1204747319366
    200-299K143449549787
    300-399K75125605674
    400-499K43514273137
    500K+67328586355
    Total Working Age Population17,07492,936224,829
    In Work Force13,65563,980150,410
    Not In Work Force3,42028,95674,419
    Workforce Employed13,35760,885141,694
    Workforce Unemployed2663,0518,636
    Civlian Workforce13,62363,936150,330
    Military Workforce324480
    Total Households10,01052,941121,965
    Family Households4,07924,12657,784
    Non-Family Households5,93128,81564,181
    Married Couple3,20814,96836,778
    Other Family8719,15821,006
    Married w/Child1,3105,45913,764
    Single Male w/Child957231,952
    Single Female w/Child2004,0619,497

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Kentucky4,041,769+74,339,367+44,533,464+44,726,382
    Campbell County88,616+290,336+392,898+193,473
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Hamilton County845,303-5802,374-1790,600-1785,900

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2751 Arbor Avenue in Cincinnati?
    The asking price for 2751 Arbor Avenue is $552,000
    What is the building size of this Multifamily property in Cincinnati, OH?
    The size of the building/unit at 2751 Arbor Avenue in Cincinnati is 2,916 square feet
    How much land does the Cincinnati, OH property at 2751 Arbor Avenue include?
    2751 Arbor Avenue in Cincinnati includes 0.177 acres of land
    What is the population within 1 mile of 2751 Arbor Avenue in Cincinnati?
    The population within 1 mile of 2751 Arbor Avenue Cincinnati, OH 45209 is 19,771 people.
    Who do I contact for questions about 2751 Arbor Avenue?
    You should contact the listing agent, Tryfon Christoforou, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Cincinnati Northern Kentucky International Airport (CVG) 14
    James M Cox Dayton International Airport (DAY) 53
    Blue Grass Airport (LEX) 77
    Price
    $552,000
    Listing Agent
    More listings from Tryfon Christoforou
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