Appartement Cincinnati

945 Dana Ave is a fully renovated 11-unit multifamily property in Cincinnati’s North Avondale neighborhood, offered at a 7.47% cap rate. The unit mix includes eight 2BR units, two 1BR units, and one 3BR unit, with several units featuring flex den spaces and only 1 unit currently vacant. The property features boiler heat, window AC units, RUBS, and approximately 20 on-site parking spaces. The property blends historic character with modern finishes, including updated unit interiors, marble flooring and new lighting in the common areas, and fresh paint throughout. There is also a value-add opportunity to create an additional unit in the basement. Originally the residence of Archbishop Henry Moeller, 945 Dana Ave offers a unique piece of Cincinnati history