161 E Mcmicken Avenue
Cincinnati, OH 45202
Turnkey 6-unit multifamily in Cincinnati's Over-the-Rhine with City tax abatement through 2032 (taxes just $1,679/yr). Mix of 3 one-bedroom and 3 studio units. Each unit features separate HVAC, in-unit laundry, and recently renovated. Updated plumbing, electrical, modern interiors, zero deferred maintenance. Hardwired internet system charged back to tenants, security cameras, and ample nearby public parking. Offered at 7.2% cap rate on $8,205/mo current rents. Value-add upside through rent growth as abatement matures and OTR submarket continues to strengthen.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Full -
Roofing Information
Membrane -
Interior Features
Roof: Membrane -
Heating & Cooling
Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1885 Construction Materials: Brick Private Pool: No
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Listing Price Information
Listing Price: $935000
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Tax Information
Parcel Number: 0940007018400
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Parking Information
On Street
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Location Information
Direction: East on Liberty, Right on McMicken WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2580 Riverside Drive, Cincinnati, OH, 45202 | $335,000 | 2 | 2 | 1,424 | 1,424 SqFt |
| 2580 Riverside Drive, Cincinnati, OH, 45202 | $335,000 | 2 | 2 | 1,424 | 1,424 SqFt |
| 2364 Gladstone Avenue, Cincinnati, OH, 45202 | $325,000 | 3 | 2 | 1,210 | 1,210 SqFt |
| 1430 Riverside Drive, Cincinnati, OH, 45202 | $1,250,000 | 3 | 4 | 3,268 | 3,268 SqFt |
| 1221 Martin Drive, Cincinnati, OH, 45202 | $574,900 | 4 | 4 | 2,120 | 2,120 SqFt |
| 1130 Carney Street, Cincinnati, OH, 45202 | $1,650,000 | 3 | 4 | -- | |
| 1120 Fuller Street, Cincinnati, OH, 45202 | $899,000 | 4 | 4 | 5,330 | 5,330 SqFt |
| 1126 Fuller Street, Cincinnati, OH, 45202 | $1,390,000 | 3 | 3 | 3,264 | 3,264 SqFt |
| 1224 Ida Street, Cincinnati, OH, 45202 | $659,000 | 3 | 3 | 3,076 | 3,076 SqFt |
| 380 Baum Street #5B, Cincinnati, OH, 45202 | $745,000 | 3 | 3 | 2,791 | 2,791 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/05/2026 @ 03:46
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