Address
288 Ludlow Avenue, Cincinnati, OH
Price
$ 1,950,000
Property Attributes
  • MLS#1888226
  • TypeCommercial
  • Listing Status Active
  • CountyHAMILTON
  • CityCincinnati
  • AreaHamilton
  • NeighborhoodClifton
  • Zip45220
  • StyleCommercial
  • Year Built1910
  • Taxes$ 16917
  • Price$ 1,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12538
  • Lot Size0.2347 Acres
Data Source:
MLS of Greater Cincinnati (CABR)
Property Description

Premier mixed-use investment opportunity in the heart of Cincinnati's Clifton Gaslight District. Positioned at the signalized, high-visibility corner of Clifton and Ludlow Avenues between Skyline Chili and Dewey's Pizza, this landmark 12,538 SF asset delivers a compelling combination of stable cash flow, irreplaceable location, and value-add potential. Built in 1910, the property features a first-floor restaurant occupied by J. Gumbo's, eight well-maintained residential units (2 lofts, 3 one-bedroom, and 3 two-bedroom apartments), 21 dedicated parking spaces, an on-site laundry room, and a large basement. Strong tenant demand, long-term occupancy, and below-market apartment rents provide an opportunity to increase future income. Trophy assets in this premier urban neighborhood rarely become available, making 288 Ludlow Avenue an exceptional opportunity for investors seeking a high-quality, income-producing property with long-term appreciation potential.

Price History
8/3/2026 Listed $1,950,000

General Features

Sewer Public Sewer
Heating Baseboard,Forced Air
Cooling Central Air,Window Unit
Roof Membrane
Construction Materials Brick
Year Built 1910
Tenant Pays Electricity
Property Subtype Commercial
OwnerPays Taxes,Gas,Water,Sewer,Insurance,Internal Maintenance,External Maintenance,Common Area Maint,Trash Removal,Other
County Hamilton
Net Operating Income 0.0
Property Type Commercial Sale
Close Price 0.0
Status Active
Directions use gps
City Cincinnati
MLS Area Hamilton-E01
Lot Size Units Acres
Lot Size Square Feet 10224.0

Interior Features

Interior Amenities Display Window
Basement Full
Flooring Carpet,Wood
Room Type Kitchen

Exterior Features

Exterior Amenities Sidewalks,Lights
Parking Features Private,Lot,Onsite,On Street,Assigned,Asphalt,Fenced
Water Source Public
Foundation Details Poured
Lot Dimensions of record
Lot Size Acres 0.2347

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 45220

Price
AVG $1.95M
$1.95M
Taxes
AVG $16,917
$16,917
Year Built
AVG 1910
1910
Visits
AVG 24
22
Data Provided by Inside Real Estate®

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