161 E McMicken Avenue, Cincinnati, OH 45202 - Photo 1

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$935,000 Just Listed

For Sale
Active
Apartment
Updated 2 days ago

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Property Description

Turnkey 6-unit multifamily in Cincinnati's Over-the-Rhine with City tax abatement through 2032 (taxes just $1,679/yr). Mix of 3 one-bedroom and 3 studio units. Each unit features separate HVAC, in-unit laundry, and recently renovated. Updated plumbing, electrical, modern interiors, zero deferred maintenance. Hardwired internet system charged back to tenants, security cameras, and ample nearby public parking. Offered at 7.2% cap rate on $8,205/mo current rents. Value-add upside through rent growth as abatement matures and OTR submarket continues to strengthen.

Full Property Details

Full Property Details for 161 E McMicken Ave

General

Price: $935,000
Status: Active
Type: Apartment
Source: Cincinnati
MLS ID: 1873809
Updated: 4/9/2026
Added to Site: 4 day(s) ago

Parking

Parking: On-Street Parking, Public

Location

Area: City
County: Hamilton
Driving Directions: East on Liberty, Right on McMicken

School Information

School District: Cincinnati City SD
High School District: Cincinnati City SD

Heating & Cooling

Central air: Yes
Cooling Type: Central Air Conditioning
Heating Type: Individual, Electric, Forced Air
Heating Fuel: None

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Architectural Style: Three Story
Exterior Const.: Brick
Basement: Yes
Basement Desc.: Full
Foundation: Stone
Roof: Membrane
Windows: Vinyl
Stories/Levels: Three
Year Built: 1885

Unit Information

Studio/Effic Units: 3
1 Bedroom Units: 3

Financial Considerations

Semi-Annual Taxes: $836

Disclosures and Reports

Documents Avail.: P & L's, Rent Roll
APN: 940007018400

Listed by Keller Williams Advisors (513) 766-9200, Andrew Kroeger and Keller Williams Advisors (513) 766-9200, Adam Curry (513) 766-9200

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Listing agents

— 161 E McMicken Ave —

Andrew Kroeger

Keller Williams Advisors

513-766-9200
Adam Curry

Keller Williams Advisors

513-766-9200

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NMLS#: 1598647

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Schools

Schools serving 161 E McMicken Ave

School District:Cincinnati City School District

Name	Grades	Distance
Rothenberg Preparatory Academy 241 East Clifton Avenue, Cincinnati, OH 45202	PK-6	0.1 mi
Walnut Hills High School 3250 Victory Parkway, Cincinnati, OH 45207	7-12	2.6 mi
Riverview East Academy 3555 Kellogg Avenue, Cincinnati, OH 45226	9-12	3.8 mi
Robert A. Taft Information Technology High School 420 Ezzard Charles Drive, Cincinnati, OH 45214	7-12	0.6 mi
Hughes STEM High School 2515 Clifton Avenue, Cincinnati, OH 45219	7-12	1.2 mi
Western Hills University High School 2144 Ferguson Road, Cincinnati, OH 45238	7-12	4.7 mi
Withrow University High School 2488 Madison Road, Cincinnati, OH 45208	7-12	3.8 mi
Aiken New Tech High School 5641 Belmont Avenue, Cincinnati, OH 45224	7-12	5.8 mi
Woodward Career Technical High School 7005 Reading Road, Cincinnati, OH 45237	7-12	5.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 161 E McMicken Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/08/2026

Listed

$935,000

3016.67%

MLS

1/11/2016

Sold

$30,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 161 E McMicken Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,672

$105,263

—

2024

$1,661

—

$105,263

—

2023

$1,657

34%

$105,263

702%

2021

$1,233

-85%

$13,125

-85%

2022

$8,266

604%

$86,853

562%

2020

$1,174

15%

$13,125

25%

2019

$1,017

—

$10,500

—

2018

$1,018

$10,500

—

2017

$985

145%

$10,500

152%

2016

$402

$4,169

—

2015

$369

-1%

$4,169

—

2014

$371

-2%

$4,169

-2%

2013

$378

—

$4,253

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 161 E McMicken Ave

161 E McMicken Avenue, Cincinnati, OH 45202 (MLS# 1873809) is a Apartment property with 0 bedrooms and 0 full bathrooms. 161 E McMicken Avenue is currently listed for $935,000 and was received on April 08, 2026. Want to learn more about 161 E McMicken Avenue? Do you have questions about finding other Apartment real estate for sale in City - Downtown Area? You can browse all City - Downtown Area real estate or contact a Coldwell Banker agent to request more information.

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161 E McMicken Ave Cincinnati, OH 45202