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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.

Property Facts

Price Per Unit $89,750
Sale Type Investment
Cap Rate 7.27%
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Building Size 2,536 SF
Average Occupancy 75%
No. Stories 2
Year Built/Renovated 1946/2025
Parking Ratio 1.58/1,000 SF
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - 634

Property Taxes

Property Taxes

Parcel Number
117-0012-0134
Land Assessment
$9,520
Improvements Assessment
$50,075
Total Assessment
$59,595
  • Listing ID: 41877787

  • Date on Market: 8/25/2026

  • Last Updated:

  • Address: 7119 Eastlawn Dr, Cincinnati, OH 45237

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