Dina Towers | 3840 Applegate Avenue, Cincinnati, OH 45211

3840 Applegate Ave, Cincinnati, OH 45211

Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Lot Size 1.26 SF
  • Parking Spaces Avail. 40
  • Year Built 1967
  • Date Updated May 27, 2026

Description

Value-add condominium-structured multifamily with clear upside through renovations, operational efficiencies, and ancillary income growth in Cincinnati’s West Side submarket.

Colliers is pleased to present Dina Towers, a mid-rise multifamily property located on the West side of Cincinnati, to qualified investors. This offering includes 30 condoized units, providing the benefit of a more favorable effective real estate tax rate.

Dina Towers represents a compelling value-add opportunity, with upside potential through continued renovation efforts. Recently renovated units are achieving meaningful rent premiums compared to unrenovated units, allowing a new owner to implement a strategic renovation program and drive rental growth.

Additionally, current ownership is not recovering utility expenses from residents, presenting a clear path to increase net operating income. Further income growth can be realized by monetizing storage units and introducing a cable and internet program, creating additional revenue streams for the property.

97% Occupied

Contacts

Marianne Taylor
Virginia Cunningham

Location

Contact Dina Towers | 3840 Applegate Avenue, Cincinnati, OH 45211
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