Address
2805 Digby Avenue, Cincinnati, OH
Price
$ 11,030,000
Property Attributes
- MLS#1893888
- TypeCommercial
- Listing Status Active
- CountyHAMILTON
- CityCincinnati
- AreaHamilton
- NeighborhoodClifton
- Zip45220
- StyleCommercial
- Taxes$ 147956
- Price$ 11,030,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.38 Acres
Data Source:
MLS of Greater Cincinnati (CABR)
Property Description
Being sold as a package, this six-property, 104-unit portfolio is offered at $11,030,000, or $106,058 per unit, at a 7.53% cap rate based on historical T-12 actual financials. Located two blocks from the University of Cincinnati, the property benefits from exceptional proximity to campus, Uptown employment, and the surrounding medical institutions. Strong year-round demand from students, graduate students, faculty, medical professionals, and young professionals, combined with convenient off-street parking, makes this a highly desirable rental location. 104-unit portfolio assembled and held by ownership for approximately 20 years. The property is 100% occupied and priced at a 7.7% cap rate on T-12 actual NOI. At $112,000 per unit, it provides immediate scale and strong current income within one of Cincinnati's most consistently sought-after rental markets.
| Price History | |
|---|---|
| 9/14/2026 | Listed $11,030,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Gas |
| Cooling | Central Air |
| Roof | Shingle,Membrane |
| Construction Materials | Brick |
| Levels | Three |
| Property Subtype | Commercial |
| County | Hamilton |
| Net Operating Income | 0.0 |
| Property Type | Commercial Sale |
| Close Price | 0.0 |
| Status | Active |
| Directions | I-75 to Hopple St,east toward UC,to Clifton Ave,to W McMillan St,to Digby Ave. |
| City | Cincinnati |
| MLS Area | Hamilton-E01 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 16553.0 |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Carpet |
Exterior Features
| Water Source | Public |
|---|---|
| Foundation Details | Poured |
| Lot Size Acres | 0.38 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 45220
Price
Taxes
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