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


HIGHLIGHTS

  • Full value-add opportunity through renovation
  • Prime OTR location with strong rental comps and walkability
  • Multiple 375 SF studio units with efficient layouts

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.

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

UM

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.