204 Highland Street, Cincinnati, OH 45140
- $4,250,000
- List Price
- $4,250,000
- Status
- ACTIVE
- MLS#
- 1889589
- Lot Size
- 108,464
- Levels
- Three
- Region
- Hamilton-E06
Property Description
Turnkey 31-unit multifamily investment opportunity in the highly desirable Loveland submarket. Offered at a 7.10% cap rate, the property consists of 26 one-bedroom and 5 two-bedroom apartments with 100% current occupancy. The roofs on both buildings were replaced in July 2026, while tenants pay electric baseboard heat and window-unit A/C, helping reduce operating expenses. The property also features over 70 off-street parking spaces and an implemented RUBS program for additional income. Rarely do multifamily opportunities become available in Loveland, making this an excellent long-term investment with strong in-place cash flow. This is your opportunity to own a signature asset in this prime location.
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Additional Information
- Acres
- 2.49
- Construction
- Brick
- Roof
- Shingle
- Basement Desc
- Partial
- Garage Desc
- None
- Cooling
- Wall Unit
- Heating
- Baseboard, Electric
- Sewer
- Public Sewer
- Water
- Public
- School District
- Cincinnati City SD
Mortgage Calculator
Courtesy of Andrew Kroeger with Keller Williams Advisors
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