275 McCormick Pl - Apartments FOR SALE


Cincinnati, OH 45219- Mount Auburn
$125,000 USD
513-841-7000
275 McCormick Pl, Cincinnati, OH for Sale
$125,000 USD
Apartments - FOR SALE
1/36
null | Request Cap Rate

275 McCormick Pl
Cincinnati, OH 45219
Mount Auburn


HIGHLIGHTS

  • Court Appointed Receiver Sale
  • Online Auction

OVERVIEW

Court Appointed Receiver Sale – 275 McCormick Place. Opportunity to acquire a partially occupied three-story duplex totaling approximately 2,531 square feet situated on a 0.097-acre corner lot in Cincinnati’s desirable Mount Auburn neighborhood. Unit 1 (downstairs) features 2 bedrooms and 1 bathroom, Unit 2 (upstairs) features 5 bedrooms and 2 bathrooms. Both units have access to the full basement and a rare 2-car side-entry garage, offering flexibility for investors, owner-occupants, or redevelopment opportunities. Positioned near Christ Hospital and the University of Cincinnati, the property may be well suited for student housing, furnished rentals, healthcare provider housing, or traditional multifamily rentals. Its size, layout, and location create the opportunity to capitalize on strong and consistent housing demand generated by nearby universities, hospitals, and major employment centers. The property benefits from convenient access to I-71, Downtown Cincinnati, Uptown employment districts, medical campuses, restaurants, and entertainment amenities. Rarely available in this location, the combination of vacant possession, flexible use potential, and strong surrounding demand presents an attractive opportunity for investors seeking value-add upside in one of Cincinnati’s most established urban neighborhoods. Bidder Registration All prospective bidders must be pre-approved to bid. Prospective bidders seeking approval must submit the following items no later than July 21, 2026: Click Sign Up, and create an account Request Authorization and e-sign the Purchase and Sale Agreement Submit a $15,000 participation deposit (email kurt@prodigyprop.com to request wiring instructions after requesting authorization and e-signing the Purchase and Sale Agreement) Once the Purchase and Sale Agreement has been signed and the $15,000 participation deposit has been wired, your account will be reviewed, unlocked, and you will be approved to begin bidding. Auction Date / Times Auction Starts: Live Now Auction Ends: July 22, 2026 @ 12 Noon ET Sale Terms A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price As-Is, Where-Is Sold free and clear of all liens Taxes are prorated of the day of closing Receiver will convey insurable title Financing contingencies are not permitted Due diligence contingencies are not permitted Subject to court approval Winning bidder must wire a ten percent (10%) deposit (less the participation deposit) to escrow holder by 11am ET July 23, 2026 Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION. Property Information and Showings Please contact Kurt at kurt@prodigyprop.com with questions or to schedule a tour.  Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice

FOR SALE DETAILS

PRICE

$125,000 USD

PRICE/SF

$49 USD /SF

# OF UNITS

2

PRICE/UNIT

$62,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

275 McCormick Pl Cincinnati, OH 45219

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1899

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Residential Mixed Distric

APN/PARCEL ID

089-0003-0144

ASK ABOUT THIS PROPERTY

Jeff LaneProdigy PropertiesMore Info
513-841-7000

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

Jeff LaneProdigy PropertiesMore Info
513-841-7000

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