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33862571
33862570

2301 Salvador St, Cincinnati, OH 45230

AC
OH 2014003970
KW Commercial Keller Williams Advisor's Realty
Keller Williams Advisors
Listed by KW Commercial Keller Williams Advisor's Realty, Keller Williams Advisors
$2,000,000
2 days on market
Updated 2 days ago

TURNKEY 20-UNIT | 8.64% CAP RATE | MT WASHINGTON

Details
APN 001-0005-0044-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 16,602
Units 20
Cap Rate 8.64%
NOI $172,781
Occupancy 100%
Tenancy Multi
Year Built 1966
Buildings 1
Stories 3
Acreage 0.230
Zoning RM 1.2
Parking Spaces 30 spaces
Parking Per SqFt 1.81
Investment Type Stabilized
Sale Condition N/A

About This Property

Marketing description

Stabilized 6-Unit Asset in Strong East Cincinnati Submarket

2301 Salvador Street is a 20-unit multifamily property located in Cincinnati's Mt. Washington neighborhood, offered at an 8.64% cap rate. The property consists of 14 two-beds and 6 one-bed units, with 19 of 20 units currently occupied. At full occupancy, the property produces strong stabilized rental income supported by a consistent tenant base. With strong in-place cash flow and proven occupancy, the asset delivers immediate returns from day one.

The property features include boiler heat, through-the-wall air conditioning, separately metered electric, and an implemented RUBS program to help offset utility expenses. An electronic lock system is installed throughout the property, and residents benefit from an off-street parking lot with approximately 30 spaces.

With a strong rental history, desirable unit mix, and efficient operations, 2301 Salvador Street offers investors a stable multifamily asset in a well-established East Side submarket.

Investment highlights

  • Offered at an 8.64% Cap Rate
  • 20 Units | 14 Two-Beds & 6 One-beds
  • RUBS Program Implemented
  • 30 Off-Street Parking Spaces
  • Strong Rental Demand

Listing Contacts

AC
OH 2014003970
KW Commercial Keller Williams Advisor's Realty
Keller Williams Advisors
Listed by KW Commercial Keller Williams Advisor's Realty, Keller Williams Advisors

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$172,781.00
$14,398.42/mo

Valuation Metrics

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DSCR
8.64%
Cap Rate
8.64%
ROI

Map

Zoning

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RM-1.2-MH ResidentialMulti FamilyResidential Multifamily Middle Housing
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Last updated Jun 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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