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560 Terrace Avenue, Cincinnati, OH 45220

Cincinnati
Local realty services provided by:CENTURY 21 HomeStar
560 Terrace Avenue,Cincinnati, OH 45220
$499,000
  • - Beds
  • - Baths
  • 3,690 sq. ft.
  • Multi-family
  • Pending
Listed by: patrick roberts, walter b. gibler
Office: coldwell banker realty513-321-9944
MLS#:1874341
Source:OH_CINCY

Price summary

  • Price:$499,000
  • Price per sq. ft.:$135.23

About this home

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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Home facts

  • Year built:1915
  • Listing ID #:1874341
  • Added:14 day(s) ago
  • Updated:May 02, 2026 at 07:25 AM

Rooms and interior

  • Basement Description:Full
  • Living area:3,690 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Slate
  • Year built:1915
  • Building area:3,690 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Brick
  • Foundation Description:Stone
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Private Sewer

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$135.23

Parking

  • Total parking spaces:2
  • Parking description:Detached, Driveway, Onstreet, Rear
  • Garage:Yes
  • Garage spaces:2
MLS LogoInformation deemed reliable but not guaranteed. 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 CENTURY 21 HomeStar are marked with the Broker Reciprocity&#8482 logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. 2026, MLS of Greater Cincinnati, Inc. All rights reserved.

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