241 Klotter Ave

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Address: 241 Klotter Ave, Cincinnati, OH 45219, USA
Chicago & Midwest + Apartment Buildings
Created date: May 7, 2026
Date last updated: May 7, 2026
Price: $299,000Investment Analyzer NEW!

Property Description

3CRE is pleased to present 241 Klotter Avenue for sale, a rare value-add multifamily opportunity located in the highly desirable Clifton neighborhood of Cincinnati, Ohio. Offered for the first time in over 40 years, this five-unit apartment property features four efficiency units with the opportunity to complete a fifth unit — a spacious 2-bedroom apartment located in the attic. Positioned on an elevated site, the property offers panoramic views of Downtown Cincinnati and significant upside potential through renovation and stabilization. Ideal for investors or savvy owner-occupants, the property requires updates and improvements but presents a compelling opportunity to capitalize on strong rental demand and continued neighborhood growth. The property is part of a probate sale and is being strictly sold as-is. Financing options are limited to conventional, hard money, or cash buyers, as the property is not eligible for FHA or VA financing.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $299,000
No. of Units: 5
Year Built: 1895
Lot Size: 0.05 Acres
Opportunity Zone: No
Price per unit: $59,800
Property Website Click Here
Address: 241 Klotter Ave, Cincinnati, OH 45219, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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