Cincinnati OH Multi Family for Sale
$1,450,000
Ludlow Avenue Cincinnati, OH 45220
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.33 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 1810276
View additional info
Courtesy: Comey & Shepherd
513-321-4343
513-235-3996
ADDITIONAL INFORMATION
Ludlow Manor is a gorgeous Tudor Revival 7 unit apartment building in the highly desirable Clifton Gas Light District. Rare opportunity as owner has lived in this building since he bought it in 1970. Fully rented with little turnover due to the convenient location and charm of the building. Close to institutions such as University of Cincinnati, Tri-Health, UC Hospital, Children's Hospital, the UC Innovation Hub and close to downtown. Total jobs in the surrounding uptown area is 176,871 and growing. Rents are below market. this well maintained building has many beautiful features such as original oak floors, Rookwood gas fireplaces, high ceilings and arched doors. 6 garages. Short walk to restaurants, pubs, shops, Clifton Market and Esquire movie theatre. This could be the ultimate house hack for an owner occupant. Opportunity to make improvements to bathrooms and kitchens. Revenue $131,490 per year with owner's unit rented. Separate gas & electric.
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Cincinnati Real Estate
The median home value in Cincinnati, OH is $210,800. This is lower than the county median home value of $230,800. The national median home value is $338,100. The average price of homes sold in Cincinnati, OH is $210,800. Approximately 34.17% of Cincinnati homes are owned, compared to 53.24% rented, while 12.59% are vacant. Cincinnati real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cincinnati real estate agent to arrange a tour today!
Cincinnati, Ohio 45220 has a population of 308,664. Cincinnati 45220 is less family-centric than the surrounding county with 21.41% of the households containing married families with children. The county average for households married with children is 27.88%.
The median household income in Cincinnati, Ohio 45220 is $45,235. The median household income for the surrounding county is $63,080 compared to the national median of $69,021. The median age of people living in Cincinnati 45220 is 32.7 years.
Cincinnati Weather
The average high temperature in July is 86 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 44.3 inches per year, with 14.9 inches of snow per year.