901-903 McPherson Ave - Apartments FOR SALE


Cincinnati, OH 45205- East Price Hill
$200,000 USD
513-841-7000
901-903 McPherson Ave, Cincinnati, OH for Sale
$200,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

901-903 McPherson Ave
Cincinnati, OH 45205
East Price Hill


HIGHLIGHTS

  • 8-Units

OVERVIEW

Court Appointed Receiver Sale. Eight-unit multifamily property located on McPherson Ave. The brick building consists of eight 1-bedroom units, five of which are currently occupied, providing in-place rental income and upside potential through lease-up and rent increases. The property is located near public transportation, neighborhood retail, and major employment corridors, supporting long-term rental demand. 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 to 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 to escrow holder by 1pm ET January 21, 2026

FOR SALE DETAILS

PRICE

$200,000 USD

PRICE/SF

$27 USD /SF

# OF UNITS

8

PRICE/UNIT

$25,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,879 SF

ZONING

Commercial

APN/PARCEL ID

176-0022-0123,176-0022-0124

ASK ABOUT THIS PROPERTY

Jeff LaneProdigy PropertiesMore Info
513-841-7000

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Jeff LaneProdigy PropertiesMore Info
513-841-7000

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