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Investment Highlights

  • Sold by Court Appointed Receiver
  • Blocks from University of Cincinnati and Shortvine, UC Medical Center and more
  • Online Auction Only

Executive Summary

Court Appointed Receiver Sale – Prime Mixed-Use Investment Opportunity – 24 E University Ave, Cincinnati, OH 45219
A rare, 100% vacant mixed-use investment opportunity in the heart of Cincinnati's University Heights neighborhood — offering 13,794 SF of space on a 0.153-acre lot, just blocks from the University of Cincinnati campus, Short Vine Entertainment District, Kroger, and UC's Medical Center, College of Medicine, and Children's Hospital.
With the entire building vacant, this is an ideal opportunity for an owner-user, investor, or developer to reposition, lease up, or occupy the space without the constraints of existing tenancies. First Floor: Flexible commercial space with a storefront, dedicated office spaces, and conference rooms — ideal for retail, professional services, or a mix of both. Includes 1 full and 2 half baths, a large storage area, unfinished attic storage, and access to an unfinished basement, all offering excellent potential for finish-out and additional revenue. Second & Third Floors: Six vacant 1-bedroom, 1-bathroom apartments, ready for lease-up to students, faculty, and medical professionals working near campus and the hospital corridor. Fourth Floor: Largely unfinished, offering the flexibility to build out additional apartments — a compelling value-add opportunity for investors looking to grow the property's income potential.
With full vacancy, unmatched flexibility, and an unbeatable location near one of Cincinnati's largest employment and enrollment hubs, 24 E University offers a rare chance to build income from the ground up in a high-demand corridor.
View the Documents tab for additional due diligence materials and an extended photo package.
Bidder Registration
All prospective bidders must be pre-approved to bid.
Prospective bidders seeking approval must submit the following items no later than August 17, 2026:
Click Sign Up, and create an account
Request Authorization and e-sign the Purchase and Sale Agreement
Submit a $15,000 participation deposit (email kurt@prodigyprop.com to request wiring instructions after requesting authorization and e-signing the Purchase and Sale Agreement)
Once the Purchase and Sale Agreement has been signed and the $15,000 participation deposit has been wired, your account will be reviewed, unlocked, and you will be approved to begin bidding.
Auction Date / Times
Auction Starts: Live Now
Auction Ends: August 18, 2026 @ 2pm ET
Sale Terms
A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price
As-Is, Where-Is
Sold free and clear of all liens
Taxes are prorated of the day of closing
Receiver will convey insurable title
Financing contingencies are not permitted
Due diligence contingencies are not permitted
Subject to court approval
Winning bidder must wire a ten percent (10%) deposit (less the participation deposit) to escrow holder by 11am ET August 19, 2026
Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.
Property Information and Showings
Please contact Kurt at kurt@prodigyprop.com with questions or to schedule a tour. 
Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
13,860 SF
Building Class
C
Year Built
1896
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Loading Docks
1 Exterior
Building FAR
2.08
Lot Size
0.15 AC
Zoning
CNM
Parking
5 Spaces (0.36 Spaces per 1,000 SF Leased)
Frontage
39’ on University Ave
Exceptionally walkable
90/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Tim Hortons
Fifth Third Bank
U.S. Bank
Bank Of America
Mio's Pizzeria
LaRosa's Pizzeria
Nature's Table
PNC Bank
Kroger

Property Taxes

Property Taxes

Parcel Number
104-0004-0042
Land Assessment
$24,892
Improvements Assessment
$92,855
Total Assessment
$117,747
  • Listing ID: 41303545

  • Date on Market: 7/15/2026

  • Last Updated:

  • Address: 24 E University Ave, Cincinnati, OH 45219

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