5206 Montgomery Rd 9 Unit Apartment Building $595,000 ($66,111/Unit) 7.77% Cap Rate Cincinnati, OH 45212

3CRE is excited to present a multifamily investment opportunity at 5206 Montgomery Road, Cincinnati, OH. This offering consists of 9 units listed at $595,000, featuring a mix of market-rate and subsidized tenants. Four units have been fully renovated, while two units include partially subsidized rents, providing a balance of upside potential and stable, reliable income. Each unit is separately metered for electric and gas, allowing for efficient utility management and reduced owner expenses.
The property is well positioned along the Montgomery Road corridor, a highly traveled and desirable area connecting several of Cincinnati’s established neighborhoods. This location offers excellent accessibility to I-71, downtown Cincinnati, Norwood, and surrounding employment centers, making it attractive to a wide tenant base. Residents benefit from nearby grocery stores, restaurants, retail options, and public transportation, all within minutes of the property. The combination of strong visibility, convenient access, and proximity to everyday amenities enhances long-term rental demand and overall investment stability in this sought-after area.