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2008 Colerain Ave 3 Unit Apartment Building $244,000 ($81,333/Unit) Cincinnati, OH 45214



Investment Highlights
- Part of the Dayton Historic District
- Close to TQL and Findlay Market
- Federal and State Tax credits
Executive Summary
SELLER FINANCING OFFERED.... Exceptional redevelopment opportunity in the Dayton Street Historic District, just minutes from Findlay Market and FC Cincinnati's stadium. This 3-story building currently has (3) 1 bed/1 bath units, with plans to convert each to 2 bed/1 bath. Federal Historic Tax Credits already awarded with NPS Part 2 approval completed. The project was previously awarded $125,000 in Ohio State Historic Tax Credits, and a re-submission is planned, expected to be a rubber stamp on the already-approved scope. While credits are competitive and not guaranteed, this project offers a major head start. Includes a $35K+ package of documents: full historic drawing set, approved Part 2 applications (ODOD & SHPO), architectural drawings (not yet engineered), photo survey, and more. All materials transfer to the buyer. Surrounded by ongoing West End revitalization. Ideal for multifamily investment, rental income, or single-family conversion. Sold as-is.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
1 1
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 184-0005-0097 | Improvements Assessment | $82,796 |
| Land Assessment | $4,354 | Total Assessment | $87,150 |
Property Taxes
Parcel Number
184-0005-0097
Land Assessment
$4,354
Improvements Assessment
$82,796
Total Assessment
$87,150
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2008 Colerain Ave
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