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Informations principales sur l'investissement
- Significant capital improvements completed including windows, electrical panels, and recent roof replacement, reducing near-term capital needs
- Walkable location directly across from Xavier University, supporting consistent tenant demand and occupancy
- Renovated unit interiors with strong in-place rents, providing stable cash flow with continued upside potential
- Located in North Avondale, a desirable Cincinnati submarket offering affordability, accessibility, and long-term rent growth potential
Résumé analytique
Marcus & Millichap is pleased to present Dana Heights, a 26-unit multifamily investment opportunity located at 1005-1007 Dana Heights Avenue in Cincinnati, Ohio within the North Avondale submarket. The property consists of two three-story buildings situated across two parcels and offers approximately 13,875 rentable square feet. Originally constructed in 1880 and 1963, the asset features a predominantly one-bedroom unit mix with efficient layouts and strong renter appeal in a proven infill location.
Dana Heights is currently operating at over 90% occupancy with average effective rents around $922, providing stable in-place income with a clear path for continued rent growth. The property has benefited from significant capital improvements in recent years, including new windows, updated electrical systems, and roof replacement on one of the buildings, positioning a new owner to focus on operational efficiencies and remaining interior upside. The asset is located directly across from Xavier University and within close proximity to major employment drivers including Cincinnati Children’s Hospital, the University of Cincinnati, and Downtown Cincinnati, supporting consistent demand and long-term rent growth potential.
Call for offers date - June 18th, 2026. Contact austin.hall@marcusmillichap.com
Deal vault link with access to OM, rent roll and T12: https://www.marcusmillichap.com/properties/173125/dana-heights
Dana Heights is currently operating at over 90% occupancy with average effective rents around $922, providing stable in-place income with a clear path for continued rent growth. The property has benefited from significant capital improvements in recent years, including new windows, updated electrical systems, and roof replacement on one of the buildings, positioning a new owner to focus on operational efficiencies and remaining interior upside. The asset is located directly across from Xavier University and within close proximity to major employment drivers including Cincinnati Children’s Hospital, the University of Cincinnati, and Downtown Cincinnati, supporting consistent demand and long-term rent growth potential.
Call for offers date - June 18th, 2026. Contact austin.hall@marcusmillichap.com
Deal vault link with access to OM, rent roll and T12: https://www.marcusmillichap.com/properties/173125/dana-heights
Informations sur l’immeuble Sous contrat
| Type de vente | Investissement | Surface du lot | 0,23 ha |
| Nb de lots | 26 | Surface de l’immeuble | 1 298 m² |
| Type de bien | Immeuble residentiel | Nb d’étages | 3 |
| Sous-type de bien | Appartement | Année de construction/rénovation | 1963/2025 |
| Style d’appartement | De faible hauteur | Ratio de stationnement | 0,17/1 000 m² |
| Classe d’immeuble | C |
| Type de vente | Investissement |
| Nb de lots | 26 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,23 ha |
| Surface de l’immeuble | 1 298 m² |
| Nb d’étages | 3 |
| Année de construction/rénovation | 1963/2025 |
| Ratio de stationnement | 0,17/1 000 m² |
Caractéristiques
Caractéristiques du lot
- Climatisation
- Prêt pour le câble
- Espace d’entreposage
- Chauffage
- Cuisine avec coin repas
- Réfrigérateur
- Four
- Cuisinière
- Îlot de cuisine
Caractéristiques du site
- Accès 24 h/24
- Laverie
- CVC contrôlé par l’occupant
- Sans tabac
- Espace d’entreposage
- Détecteur de fumée
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 1+1 | 25 | 834,95 € | 49 |
| 2+1 | 1 | 962,40 € | 70 |
1 1
Moyennement praticable à pied
60/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun limités
30/100
Plutôt praticable en vélo
40/100
Taxes foncières
| N° de parcelle | Évaluation des aménagements | 227 248 € | |
| Évaluation du terrain | 51 944 € | Évaluation totale | 279 191 € |
Taxes foncières
N° de parcelle
Évaluation du terrain
51 944 €
Évaluation des aménagements
227 248 €
Évaluation totale
279 191 €
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Dana Heights | 1005-1007 Dana Ave
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