1335-1339 Main St — Sale in Cincinnati, OH

  • Price: $1.4M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Cincinnati, OH 45202
  • Size: 17,628 SF
  • Year built: 1885

Photos

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Investment Figures

Cap rate
7.25%
Price per square foot
$79

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

1335–1339 Main Street presents a rare opportunity to acquire a substantial mixed-use asset in the heart of Cincinnati’s historic Over-the-Rhine neighborhood. Comprised of 14 residential units and one street-level commercial space across two contiguous parcels, the property combines existing income with significant value-add and repositioning potential. The residential component offers a mix of one- and two-bedroom units, including several distinctive two-story layouts. Multiple vacant units provide an investor with the opportunity to immediately begin renovations, lease-up and revenue growth. The two commercial spaces offer prominent Main Street visibility within one of Cincinnati’s most established dining, nightlife, entertainment and residential corridors. The property offers a compelling basis for a comprehensive value-add strategy through modernization of interior finishes, common areas and building systems. Additional potential upside may include the introduction of on-site laundry and evaluation of a residential and commercial condominium conversion, subject to governmental approvals and independent buyer due diligence. Located between 13th and 14th Streets, 1335–1339 Main is surrounded by restaurants, bars, boutiques, professional offices, creative businesses and continued residential development, providing an investor the opportunity to reposition a mixed-use property in one of Cincinnati’s most recognizable urban neighborhoods Have not received the rent roll for units on 1339 Main street. There are photos of the vacant unit, on crexi. Those units are said to be in the worse shape of all units. Building SF: 17628 | Land Size: 0.12 Ac | Year Built: 1885 | Listing Type: FOR SALE

Market Context

This multifamily in Cincinnati, OH is listed for sale at $1,400,000 across 17,628 SF. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1885. Compare it against other multifamily listings for sale in Cincinnati, OH — view the full market.

As of Q1 2026, the Cincinnati multifamily market showed an 8.9% vacancy rate, and rents up 2.5% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

Is the Cincinnati multifamily market tightening or softening?
Vacancy is around 8.9%, with asking rents rising year over year (Q1 2026).

First seen on CREHunt: Sep 23, 2026

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