2035 Elm St - Apartments FOR SALE


Cincinnati, OH 45202- Over-The Rhine
$300,000 USD
937-806-7212
2035 Elm St, Cincinnati, OH for Sale
$300,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

2035 Elm St
Cincinnati, OH 45202
Over-The Rhine


OVERVIEW

Located at 2035 Elm Street in the heart of Over-the-Rhine, this three-story apartment building with an additional loft presents a prime value-add investment opportunity in one of Cincinnati’s most sought-after urban neighborhoods. Surrounded by ongoing redevelopment, vibrant nightlife, restaurants, and walkable amenities, this property is ideally positioned for long-term appreciation and strong rental demand. The building features multiple studio units, each approximately 375 square feet, offering efficient layouts well-suited for urban living. The structure also includes a loft space that provides additional upside potential—ideal for conversion into an additional unit, short-term rental, or unique owner-occupied space. All units require renovation, making this a perfect opportunity for an investor or developer to execute a full repositioning strategy. With the right upgrades—modern finishes, updated kitchens and baths, and improved common areas—this asset can be transformed into a high-performing rental property aligned with the strong demand for updated studio apartments in OTR. Key highlights include: Prime OTR location with strong rental comps and walkability 3-story building with additional loft space Multiple 375 SF studio units with efficient layouts Full value-add opportunity through renovation Potential for increased rents and forced appreciation This is an ideal project for investors looking to capitalize on Cincinnati’s continued urban growth and the ongoing revitalization of Over-the-Rhine.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

4

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1873

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

-

APN/PARCEL ID

096-0005-0159

ASK ABOUT THIS PROPERTY

Wasfi SamaanW. Samaan Commercial GroupMore Info
937-806-7212

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Wasfi SamaanW. Samaan Commercial GroupMore Info
937-806-7212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.