Multifamily Property for Sale in Cincinnati, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Cincinnati, OH 45211

Description

Marcus & Millichap is pleased to present 2836 Harrison, a 31-unit multifamily investment opportunity located at 2830-2836 Harrison Avenue in Cincinnati, Ohio within the Westwood submarket. The property consists of a three story brick apartment building situated on a single 0.79-acre parcel and offers approximately 25,200 rentable square feet. Originally constructed in 1930 and renovated in 2025, the asset features a mix of one-, two-, and three-bedroom floorplans with renovated interiors and strong renter appeal in one of Cincinnati’s supply-constrained workforce housing corridors. 2836 Harrison is currently operating at 96.8 percent occupancy with average effective rents around $1,151 and a recent leasing wave validating continued pricing power within the submarket. The property has benefited from extensive capital improvements since 2020, including a new TPO roof, boiler system, upgraded plumbing and electrical systems, replacement windows, and resurfaced parking areas, positioning a new owner to focus on operational efficiencies and future rent growth rather than major deferred maintenance. The asset is located approximately 1.3 miles from Mercy Health West Hospital and within close proximity to Downtown Cincinnati, UC Health, TriHealth, and the University of Cincinnati, supporting consistent renter demand and long-term investment stability in a submarket with no forecasted new supply. Investment Highlights: • Significant Capital Improvements Completed Since 2020 including New Boiler System, TPO Roof, Plumbing Replacement, Upgraded Electrical Panels, Windows, and Parking Lot, Reducing Near-Term Capital Need • Strong Occupancy and Recent Leasing Momentum with 96.8 Percent Occupancy and 12 Units Leased at or Near Asking Rents from January through April 2026

Market Context

This multifamily in Cincinnati, OH is listed for sale. It has been on the market for 53 days. Compare it against other multifamily listings for sale in Cincinnati, OH — <a href="/search/sale/multifamily/ohio/cincinnati">view the full market</a>.

As of Q1 2026, the Cincinnati multifamily market showed rents up 4.7% year over year, and cap rates around 7.4%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

What is the typical cap rate for multifamily in Cincinnati?
About 7.4% as of Q1 2026, per Consensus.

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