560 Terrace Avenue, Cincinnati, OH 45220
Local realty services provided by:ERA Martin & Associates
560 Terrace Avenue,Cincinnati, OH 45220
$499,000
- - Beds
- - Baths
- 3,690 sq. ft.
- Multi-family
- Pending
Listed by: patrick roberts, walter b. gibler
Office: coldwell banker realty513-321-9944
MLS#:1874341
Source:OH_CINCY
Price summary
- Price:$499,000
- Price per sq. ft.:$135.23
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
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Home facts
- Year built:1915
- Listing ID #:1874341
- Added:25 day(s) ago
- Updated:May 13, 2026 at 07:39 AM
Rooms and interior
- Basement Description:Full
- Living area:3,690 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Slate
- Year built:1915
- Building area:3,690 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Brick
- Foundation Description:Stone
- Levels:3 Story
Utilities
- Water:Public
- Sewer:Private Sewer
Finances and disclosures
- Price:$499,000
- Price per sq. ft.:$135.23
Parking
- Total parking spaces:2
- Parking description:Detached, Driveway, Onstreet, Rear
- Garage:Yes
- Garage spaces:2
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