8 4 Cincinnati OhCincinnati, OH 45202

Property Details for 8 4 Cincinnati Oh

Year built

1850

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This 8-unit apartment building at 8 West Fourth, Cincinnati, OH 45202, presents a unique value-add investment opportunity. Located in a prime downtown location, this historic five-story building (10,840 net rentable square feet) offers significant potential. Currently vacant, the property requires major rehabilitation, but boasts high ceilings and a large skylight on the top floor. Built in 1850, the property is situated within an Opportunity Zone and is eligible for historic tax credits and tax abatement programs. Complete architectural, MEP, and structural plans are pending final approval, allowing for flexible development into apartments, condos, Airbnb units, or office space. The first floor must be commercial use, per zoning (First Floor has to be retail/upper can be office, apartments, etc.). The building's proximity to Fountain Square, The Banks, stadiums, and several Fortune 500 companies makes it an exceptionally desirable location. This is a truly unique chance to capitalize on government incentives and create a high-return investment in a thriving urban core. The property is currently listed at $799,000. APN: 083-0001-0035-00.

Location Insight

City

Cincinnati

County

Butler

State

Ohio

Latitude

39.1

Longitude

-84.5131

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