7119 Eastlawn Dr - Apartments FOR SALE


Cincinnati, OH 45237- Roselawn
$359,000 USD
513-745-9333
7119 Eastlawn Dr, Cincinnati, OH for Sale
$359,000 USD
Apartments - FOR SALE
1/26
null | 7.27% Cap Rate

7119 Eastlawn Dr
Cincinnati, OH 45237
Roselawn


HIGHLIGHTS

  • Four Units Total - 1 BD | 1 BA
  • Asking Price - $359,000
  • New Commercial-Grade EPDM Roof, Updated PVC Plumbing, a Newer Front Deck, and Updated Appliances in All Units
  • Cap Rate - 7.27%
  • On-Site Coin Laundry and 4 Car Garage

OVERVIEW

3CRE is excited to present a premier multifamily investment opportunity at 7119 Eastlawn Drive, Cincinnati, OH. Built in 1946, this well-maintained 2,536 SF brick fourplex sits on a 9,060 SF lot and comprises four 1-bedroom, 1-bathroom units. The property features key capital improvements, including a commercial-grade EPDM roof, updated PVC plumbing, a newer front deck, and updated appliances in all units. With two renovated apartments, active rental income, and one vacant unit ready for market-rate leasing or owner occupancy, this asset offers immediate cash flow alongside significant upside through below-market rent adjustments. On-site coin laundry and a 4-car garage provide valuable tenant amenities and secondary revenue streams. Strategically located in Roselawn, the property offers quick access to I-75, I-71, public transit, and local retail and dining centers. This prime position ensures sustained tenant demand and strong long-term performance, making it an ideal acquisition for both portfolio investors and owner-occupants seeking value-add potential.

FOR SALE DETAILS

PRICE

$359,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

4

PRICE/UNIT

$89,750

CAP RATE

7.27%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

117-0012-0134

ASK ABOUT THIS PROPERTY

Tryfon Christoforou3CRE Advisors, LLCMore Info
513-745-9333

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Tryfon Christoforou3CRE Advisors, LLCMore Info
513-745-9333

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