Ohio / Cincinnati / 45225 / 621 De Votie Avenue

621 De Votie Avenue

Q: What is the asking price for 621 De Votie Avenue in Cincinnati?

The asking price for 621 De Votie Avenue is $1,725,000

Q: What is the building size of this Multifamily property in Cincinnati, OH?

The size of the building/unit at 621 De Votie Avenue in Cincinnati is 17,088 square feet.

Q: How much land does the Cincinnati, OH property at 621 De Votie Avenue include?

621 De Votie Avenue in Cincinnati includes 0.600 acres of land.

Q: What is the population within 1 mile of 621 De Votie Avenue?

The population within 1 mile of 621 De Votie Avenue Cincinnati, OH 45225 is 21,001 people.

Q: Who do I contact for questions about 621 De Votie Avenue?

You should contact the listing agent, Jennifer Donathan, for any details regarding this commercial listing.

Cincinnati, OH 45225

Listing ID: 267265

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621 De Votie Avenue | for Sale | Thumbnail 1

621 De Votie Avenue | for Sale | Thumbnail 2

Building Size: 17,088 SF

Lot Size: 0.600 AC

Land Size: 26,136 SF

Building $/SF: $100.95

Land $/SF: $66.00

Price

$1,725,000

Property Highlights

Below Market Rents

Several Units Have Been Completely Rehabbed

Owner Has Spent A Few Hundred Thousand In Deferred Maintenance Renovation

Tenants Pay Their Own Heat

Recently Sealed GACO Roof

Description

Value-Add Opportunity – Jennifer M. Donathan, Senior Investment Advisor of KW Commercial is pleased to present an excellent opportunity to acquire 28 units in Clifton Ohio home to the University of Cincinnati. Located at the corner of De Votie and Marshall Avenue. The property is about a 15-20 minute walk to UC’s Campus. It’s strategic location in relation to its short distance to downtown Cincinnati, UC’s Campus and Cincinnati’s hospital HUB is what makes this property so desirable to renters, investors and community leaders. The property features twenty-six spacious one bedroom units and two 2 bedroom units.

Offering Overview-The offering consists of one 2 story building located at 611, 621 De Votie Avenue, Cincinnati, Ohio 45225 in Hamilton county. The building was built in 1969, comprised of 17,088 sf and is situated at the corner of Marshall Avenue with .6 acres. The property offers a private parking lot. Currently there is separate electric baseboard heat. Landlord only pays water and trash and tenants pay their own electric and heat.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

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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Listing Demographics for 621 De Votie Avenue Cincinnati, OH 45225

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 Population		21,001	131,601	334,944
Population Median Age		27	34	36
Population by Age	0-9 Yrs	875 (4%)	16235 (12%)	44223 (13%)
	10-19 Yrs	6025 (28%)	18346 (13%)	43243 (12%)
	20-29 Yrs	8856 (42%)	31510 (23%)	64989 (19%)
	30-39 Yrs	1740 (8%)	17891 (13%)	48220 (14%)
	40-49 Yrs	982 (4%)	12592 (9%)	35962 (10%)
	50-59 Yrs	1009 (4%)	14764 (11%)	39950 (11%)
	60-69 Yrs	738 (3%)	12043 (9%)	32908 (9%)
	70+ Yrs	776 (3%)	8220 (6%)	25449 (7%)

Median HH Income		$30,941	$33,418	$40,495
Total Household Income	< 24K	3142 (42%)	24399 (41%)	49576 (33%)
	25-49K	1993 (26%)	12975 (21%)	35530 (24%)
	50-74K	1197 (16%)	8408 (14%)	22854 (15%)
	75-99K	439 (5%)	4450 (7%)	13582 (9%)
	100-199K	391 (5%)	6490 (10%)	19224 (13%)
	200K+	228 (3%)	2679 (4%)	5955 (4%)

Highest Education Level	No Diploma	755	11682	28528
	Diploma or GED	1148	19647	60357
	Some College	1291	15674	42774
	Assoc. Degree	509	4881	15371
	Bachelors Degree	1952	15596	41124
	Higher Degree	1780	12329	28209

Total Housing Units		9,019	73,914	174,146
--Owner-Occupied		1,397	17,335	58,118
--Renter-Occupied		5,992	42,066	88,603
Owner-Occupied Values	< 100K	485	6730	21863
	100-199K	408	4425	20601
	200-299K	244	2544	7006
	300-399K	157	1342	3425
	400-499K	63	868	1879
	500K+	40	1426	3344

Total Working Age Population		19,829	107,957	268,022
In Work Force		12,222	68,924	174,896
Not In Work Force		7,607	39,033	93,126
Workforce Employed		10,941	61,937	160,590
Workforce Unemployed		1,281	6,957	14,233
Civlian Workforce		12,222	68,893	174,823
Military Workforce		0	31	73

Total Households		7,389	59,401	146,721
Family Households		1,877	23,701	69,705
Non-Family Households		5,512	35,700	77,016
Married Couple		1,110	11,148	36,560
Other Family		767	12,553	33,146
Married w/Child		382	3,139	12,087
Single Male w/Child		59	1,192	3,193
Single Female w/Child		301	6,892	17,096

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Kentucky	4,041,769	+7	4,339,367	+4	4,533,464	+4	4,726,382
Boone County	85,991	+38	118,811	+17	139,018	+18	163,722
Campbell County	88,616	+2	90,336	+3	92,898	+1	93,473
Kenton County	151,464	+5	159,720	+6	169,386	+4	176,039
Ohio	11,353,140	+2	11,536,504	0	11,574,870	0	11,615,100
Hamilton County	845,303	-5	802,374	-1	790,600	-1	785,900

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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 621 De Votie Avenue in Cincinnati?

The asking price for 621 De Votie Avenue is $1,725,000

What is the building size of this Multifamily property in Cincinnati, OH?

The size of the building/unit at 621 De Votie Avenue in Cincinnati is 17,088 square feet

How much land does the Cincinnati, OH property at 621 De Votie Avenue include?

621 De Votie Avenue in Cincinnati includes 0.600 acres of land

What is the population within 1 mile of 621 De Votie Avenue in Cincinnati?

The population within 1 mile of 621 De Votie Avenue Cincinnati, OH 45225 is 21,001 people.

Who do I contact for questions about 621 De Votie Avenue?

You should contact the listing agent, Jennifer Donathan, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Cincinnati Northern Kentucky International Airport (CVG)	9
James M Cox Dayton International Airport (DAY)	56
Blue Grass Airport (LEX)	76