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7119 Eastlawn Dr
Cincinnati, OH 45237
Multifamily Property For Sale
·
4 Units


Investment Highlights
- Four Units Total - 1 BD | 1 BA
- New commercial-grade EPDM Roof, Updated PVC Plumbing, a Newer front deck, and Updated Appliances in all units
- Asking Price - $359,000
- Cap Rate - 7.27%
Executive Summary
3CRE is excited to present a premier multifamily investment opportunity at 7119 Eastlawn Drive, Cincinnati, OH. Built in 1946, this well-maintained 2,536 SF brick fourplex sits on a 9,060 SF lot and comprises four 1-bedroom, 1-bathroom units. The property features key capital improvements, including a commercial-grade EPDM roof, updated PVC plumbing, a newer front deck, and updated appliances in all units. With two renovated apartments, active rental income, and one vacant unit ready for market-rate leasing or owner occupancy, this asset offers immediate cash flow alongside significant upside through below-market rent adjustments. On-site coin laundry and a 4-car garage provide valuable tenant amenities and secondary revenue streams.
Strategically located in Roselawn, the property offers quick access to I-75, I-71, public transit, and local retail and dining centers. This prime position ensures sustained tenant demand and strong long-term performance, making it an ideal acquisition for both portfolio investors and owner-occupants seeking value-add potential.
Strategically located in Roselawn, the property offers quick access to I-75, I-71, public transit, and local retail and dining centers. This prime position ensures sustained tenant demand and strong long-term performance, making it an ideal acquisition for both portfolio investors and owner-occupants seeking value-add potential.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 634 |
Property Taxes
| Parcel Number | 117-0012-0134 | Improvements Assessment | $50,075 |
| Land Assessment | $9,520 | Total Assessment | $59,595 |
Property Taxes
Parcel Number
117-0012-0134
Land Assessment
$9,520
Improvements Assessment
$50,075
Total Assessment
$59,595
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