288 Ludlow Avenue, Cincinnati, OH 45220

$1,950,000
12,538
SqFt

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List Price
$1,950,000
Status
ACTIVE
Days on Market
56
MLS#
1888226
Year Built
1910
Living Area
12,538
Lot Size
10,224
Acres
0.23
Neighborhood
Clifton
MLS Area Major
Hamilton-E01

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.

Additional Information

Interior Features
Display Window
Exterior Features
Sidewalks, Lights
Taxes
$16,942
Heating
Baseboard, Forced Air
Air Conditioning
Central Air, Window Unit
Exterior Construction
Brick
Stories
0
Levels
0
Roof
Membrane
Foundation
Poured
Parking
Private, Lot, Onsite, On Street, Assigned, Asphalt, Fenced

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Calculator source: Real Geeks

Courtesy of Laura Benson with Coldwell Banker Realty

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 our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.