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(513) 800-9299
Oscar Asesyan Group
560 Terrace Avenue, Cincinnati, OH 45220
- $550,000
- 3,690
- SqFt
- Sold Price
- $550,000
- List Price
- $499,000
- Status
- SOLD
- MLS#
- 1874341
- Closing Date
- May 22, 2026
- Lot Size
- 6,273
- Levels
- Three
- Region
- Hamilton-E01
Property Description
Located in the highly desirable Gaslight Clifton neighborhood, 560 Terrace Ave is a solid all-brick three-family asset offering immediate income and long-term appreciation potential. Each unit features spacious layouts with strong tenant appeal, providing a reliable foundation for consistent occupancy. The property has been well maintained, minimizing near-term capital expenditures while preserving the opportunity for strategic value-add. Current rents are below market, presenting a clear path to increased cash flow through rent optimization and targeted improvements. Positioned near major hospitals, the University of Cincinnati, and a dense mix of retail and dining, this location supports strong rental demand and tenant retention, making it a stable investment in one of Cincinnati's most proven rental submarkets.Ideal for investors seeking a turn-key multi-family property with upside potential,560 Terrace offers both immediate income and the ability to enhance returns over t
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Additional Information
- Acres
- 0.14
- Construction
- Brick
- Roof
- Slate
- Fireplaces
- 1
- Basement Desc
- Full
- Garage Desc
- Rear, Detached
- Garage Spaces
- 2
- Cooling
- Central Air
- Heating
- Forced Air, Gas
- Sewer
- Private Sewer
- Water
- Public
- School District
- Cincinnati City SD
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Courtesy of Walter Gibler with Coldwell Banker Realty
Courtesy of Walter Gibler with Coldwell Banker Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.