BEDS0
BATHS
SQUARE FEET3,690
MLS#1874341
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCincinnati
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
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Fireplaces: 1
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.14 Acres
Roof Type: Slate
Stories: 3.0
Taxes: $8,866
Year Built: 1915
Units
Unit Type 1:
Bedrooms: 2
Full Bath(s): 1
Rent: $1300.00
Total Rooms: 6
Unit Type 2:
Bedrooms: 3
Full Bath(s): 1
Rent: $1900.00
Total Rooms: 7
Unit Type 3:
Bedrooms: 2
Full Bath(s): 1
Rent: $1300.00
Total Rooms: 4
Feature Descriptions
Days on Site: 1
Exterior: Brick
Fireplace Features: Inoperable
Foundation: Stone
Gas: Natural
Parcel #: 214-0002-0040-00
Parking: Onstreet, Driveway
Sewer: Private Sewer
SQFT Basement: 1494
Total Buildings: 1
Units: 3
Water: Public
Window Features: Storm, Double Hung, Wood
Local Schools
School District: Cincinnati
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 513-321-9944
Agent Name: Patrick Roberts
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 3,675.64 per month $2,791.26 Principal & Interest $738.83 Property Tax $145.54 Homeowner's Insurance
560 Terrace Avenue | MLS# 1874341
This multi-family property located at 560 Terrace Avenue, Cincinnati, OH 45220 is currently listed for sale with an asking price of $499,000. Terrace Avenue is located within the Cincinnati school district. Search Cincinnati real estate on www.ikeyrealty.com today.