560 Terrace Ave, Cincinnati, OH 45220
560 Terrace Ave, Cincinnati, OH 45220
560 Terrace Ave, Cincinnati, OH 45220
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$499,000
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3,690 SqFt
New

560 Terrace Ave Cincinnati, OH 45220

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DeAsa Taylor

DeAsa Taylor

+1(513) 525-0412

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Active

Purchase Type For Sale

Square Footage 3,690 sqft

Price per Sqft $135

MLS Listing ID 1874341

Year Built 1915

Lot Size 6,272 Sqft

Property Sub-Type Multi Fam 2-4 units

Source Cincinnati Multiple Listing Service

Property Description

Located in the highly desirable Gaslight Clifton neighborhood, 560 Terrace Ave is a solid all-brick three-family asset offering immediate income and long-term appreciation potential. Each unit features spacious layouts with strong tenant appeal, providing a reliable foundation for consistent occupancy. The property has been well maintained, minimizing near-term capital expenditures while preserving the opportunity for strategic value-add. Current rents are below market, presenting a clear path to increased cash flow through rent optimization and targeted improvements. Positioned near major hospitals, the University of Cincinnati, and a dense mix of retail and dining, this location supports strong rental demand and tenant retention, making it a stable investment in one of Cincinnati's most proven rental submarkets.Ideal for investors seeking a turn-key multi-family property with upside potential,560 Terrace offers both immediate income and the ability to enhance returns over t

Location

State OH

County Hamilton

Area Hamilton-E01

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplaces Type Inoperable

Inclusions 3 Fridges, 3 Stoves, 2 D/W, 2 Disposals

Window Features Storm,Double Hung,Wood

Exterior

Parking Features Rear, Detached

Garage Spaces 2.0

Garage Description 2.0

View Y/N No

Water Access Desc Public

Roof Type Slate

Building

Foundation Stone

Sewer Private Sewer

Water Public

Level or Stories Three

New Construction No

Schools

School District Cincinnati City Sd

Cincinnati MLS (CincyMLS)
Listed by Coldwell Banker Realty

Nearby Locations

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DeAsa Taylor

Agent | License ID: 2022000106

+1(513) 525-0412 | dealswithdeasa@gmail.com

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560 Terrace Ave