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$550,000 Sold

560 Terrace Avenue, Cincinnati, OH 45220

7 beds
3,690 sqft
Residential Income
Built in 1915
0.14 acres
3 days on market
MLS# 1874341
$149/sqft

About this home

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

Facts & features

Interior

Bedrooms
7
Square Feet
3,690

Property

Property Type
Residential Income
Year Built
1915
Lot Size
0.14 acres

Listing details

Price
$550,000
Status
Sold
Days on Market
3
MLS Number
1874341
Listing Agent
Walter Gibler
Brokerage
Coldwell Banker Realty

Features

Style
Multi Family
Basement
Full
Garage Spaces
2
Heating
Natural Gas, Forced Air
Cooling
Central Air
Fireplaces
1
Roof
Slate
Sewer
Private Sewer
Water
Public

Location

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