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1610 Queen city Ave

$575,000

1610 Queen City Avenue, Cincinnati, OH 45214

Active
Last Updated: 03/27/2026

9.08

Cap Rate

4,924 sqft

Building Size

Details:
Cap Rate:    9.08%
Building Size:    4,924 sqft
Lot Area:    0.05 acres
Units:    6
Occupancy:    93%
Year Built:    1900
Zoning:    MF
Floors:    4
Heating:    Baseboard/Forced
Cooling:    Window Unit & Central
Description:

1610 Queen City Ave offers investors the rare combination of in-place income and immediate value-add opportunity. The property is 83% occupied with stable tenants and a proven rent ceiling of $1,500/month.

Additional upside is achieved through the lease-up of a 3-bedroom unit and rent increases, driving projected income to $80,000+ annually. The asset is located in a high-demand rental corridor with excellent access to I-75 and downtown Cincinnati. Ideal for investors looking to execute a straightforward value-add strategy with measurable upside.


1610 Queen City Ave is a two-story, wood-frame multifamily property with a traditional typical of Cincinnati’s established rental corridors.

The building sits on a well-positioned lot along Queen City Avenue, offering strong visibility and accessibility. The property features a straightforward layout with direct unit access and limited off-street parking.

Its location along a major thoroughfare provides excellent connectivity to I-75 and downtown Cincinnati, making it attractive to tenants seeking convenient access to employment centers and urban amenities. The exterior is consistent with surrounding workforce housing properties, offering a durable and low-maintenance structure with long-term investment appeal.



Value-add 6-unit multifamily opportunity
83% occupied with strong in-place cash flow
Proven rent of $1,500/month within property
Additional 3BR unit offers ~$1,400/month upside
~$240K potential value creation
Below-market rents with immediate upside
Located on major corridor (Queen City Ave)
Easy access to I-75 and Downtown Cincinnati
Workforce housing with consistent demand
Small, manageable asset for investors

Map:
Documents:
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1610 Queen city Flyer
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1610 Queen city OM
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