428 Elizabeth Street, Cincinnati, OH 45203 - Photo 1

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$850,000

For Sale
Active
Multi-Family
5 Car Garage

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Property Description

Historic Italianate brick multi-family located in the vibrant urban neighborhood of Betts-Longworth district within downtown Cincinnati. Currently fully rented. One unit has been recently updated and features its own private yard, creating an exceptional space that could serve as a beautiful owner's suite or a potential short-term rental opportunity. The remaining units are attractive and comfortable as-is, while also offering future potential for cosmetic updates that could support increased rental income over time. The property includes five off-street parking spaces, a highly desirable amenity that significantly enhances tenant appeal in this area. An additional lot is included with the sale, offering the possibility for future development or expansion (buyer to verify zoning and buildability). With strong existing condition, valuable off-street parking, and long-term upside potential, this property represents a compelling investment opportunity in sought-after Over-the-Rhine.

Full Property Details

Full Property Details for 428 Elizabeth St

General

Price: $850,000
Status: Active
Type: Multi-Family
Source: Cincinnati
MLS ID: 1870023
Updated: 3/9/2026
Added to Site: 30 day(s) ago

Exterior

Exterior Features: Wood Fence, Enclosed Patio

Parking

Garage: Yes
Garage Spaces: 5
Total Spaces: 5
Parking: Off-Street Parking

Location

Area: City
County: Hamilton
Township: Cincinnati City
Driving Directions: Central to Elizabeth

School Information

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

Heating & Cooling

Central air: Yes
Cooling Type: Central Air Conditioning
Separate Air Cond.: Yes
Heating Type: Forced Air, Gas
Heating Fuel: Natural
Separate Furnace: Yes

Utilities

Separate Gas/Elect: Yes
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: Insulated
Stories/Levels: Three
Square Feet: 4,359
Year Built: 1875

Unit Information

1 Bedroom Units: 3
2 Bedroom Units: 1

Unit 1

Bedrooms: 1

Unit 2

Bedrooms: 1

Unit 3

Bedrooms: 2

Unit 4

Bedrooms: 1

Lot Features

Property View: City
Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 3,920
Zoning: Multi Family

Financial Considerations

Semi-Annual Taxes: $22069
Tenant Expense: Heat
Pays Heat: Tenant
Pays Water: Owner

Disclosures and Reports

Documents Avail.: Aerial Photo, Floor Plan
APN: 134-0005-0318-00

Listed by Keller Williams Advisors (513) 766-9200, Gillian Barnes

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Listing agent

— 428 Elizabeth St —

Gillian Barnes

Keller Williams Advisors

513-766-9200

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NMLS#: 1598647

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Schools

Schools serving 428 Elizabeth St

School District:Cincinnati City School District

Name	Grades	Distance
George Hays-Jennie Porter Elementary School 1030 Cutter Street, Cincinnati, OH 45203	PK-6	0.2 mi
Walnut Hills High School 3250 Victory Parkway, Cincinnati, OH 45207	7-12	3.3 mi
Riverview East Academy 3555 Kellogg Avenue, Cincinnati, OH 45226	9-12	4.3 mi
Robert A. Taft Information Technology High School 420 Ezzard Charles Drive, Cincinnati, OH 45214	7-12	0.2 mi
Hughes STEM High School 2515 Clifton Avenue, Cincinnati, OH 45219	7-12	1.5 mi
Western Hills University High School 2144 Ferguson Road, Cincinnati, OH 45238	7-12	4.4 mi
Withrow University High School 2488 Madison Road, Cincinnati, OH 45208	7-12	4.4 mi
Aiken New Tech High School 5641 Belmont Avenue, Cincinnati, OH 45224	7-12	6.1 mi
Woodward Career Technical High School 7005 Reading Road, Cincinnati, OH 45237	7-12	6.5 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 428 Elizabeth St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/04/2026

Listed

$850,000

—

MLS

Get Price Alerts and Save Property

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 428 Elizabeth St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$3,751

—

$45,196

—

2024

$3,761

—

$45,196

—

2023

$3,751

21%

$45,196

32%

2021

$3,088

-2%

$34,206

—

2022

$3,140

$34,206

—

2020

$3,088

15%

$34,206

25%

2019

$2,682

$27,364

—

2018

$2,647

$27,364

—

2017

$2,563

-5%

$27,364

-3%

2016

$2,709

$28,354

—

2015

$2,489

—

$28,354

—

2014

$2,498

-12%

$28,354

-12%

2013

$2,846

—

$32,221

—

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 428 Elizabeth St

428 Elizabeth Street, Cincinnati, OH 45203 (MLS# 1870023) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 428 Elizabeth Street is currently listed for $850,000 and was received on March 04, 2026. Want to learn more about 428 Elizabeth Street? Do you have questions about finding other Multi-Family 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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428 Elizabeth St Cincinnati, OH 45203