Ultimate Cincinnati, Ohio neighborhood guide in 2024

Ultimate Cincinnati, Ohio neighborhood guide in 2024

Member since 2023 · 27 posts · 15 votes

Hey everyone,

I've been diving deep into Cincinnati, scouting out some MTR/LTR opportunities. With the number of neighborhoods out there, it's easy to get swamped, right?

I decided to create a guide to help us out. Pulled together info from the latest BiggerPocket posts (2021 - 2023) and a bunch of other places.

Oh, and a heads-up - I got some help from ChatGPT on this, so if you spot any gaps or something that doesn't quite add up, give me a shout. We all know AI isn't perfect.

Eager to hear what y'all think


Evanston

  • Close to Interstate I-71, part of East Side neighborhoods.
  • Known for a higher likelihood of appreciation with less cash flow.
  • Interest in large 5-bedroom homes needing renovation.

Norwood

  • "The gem of the highlands."
  • Near Rookwood, Oakley, and downtown.
  • Experiencing new developments.
  • Close to I-71, favored for value appreciation.
  • Grade: B Class

Madisonville

  • Between Mariemont and Oakley.
  • Growth in residential and commercial sectors.
  • Changing landscape with more developments.
  • Part of East Side, known for appreciation potential.
  • Grade: Later-Stage Gentrification

Pleasant Ridge

  • Arts district, diverse community.
  • Traditional feel with gaslight streets.
  • Smaller, often rented single-family homes.
  • Part of East Side, appreciated for potential value increase.
  • Grade: Not specified

Deer Park

  • Along I-71, quick access to Cincinnati.
  • Business development including new breweries.
  • Part of East Side, chosen for appreciation potential.
  • Grade: Later-Stage Gentrification

Madeira

  • Close to I-71, part of East Side's desirable neighborhoods.
  • Balance of appreciating property values and quality living.
  • Grade: Not specified

Kenwood

  • Proximity to I-71, part of East Side's investment areas.
  • Known for property appreciation potential and quality living.
  • Grade: Not specified

Camp Washington

  • 19th-century architecture, near downtown and uptown.
  • Arts community presence, major apartment redevelopments.
  • Attracts white-collar Millennial and Gen Z renters.
  • Investment returns vary by specific location.
  • Expected significant growth in the next five years.
  • Grade: Not specified

Downtown Neighborhoods (Business District, Pendleton, OTR, Mt. Adams)

  • High-end investment areas, suitable for short-term rentals.
  • Cash flow covers expenses, lower CoC return.
  • Grade: Not specified for individual neighborhoods

Over-The-Rhine (OTR)

  • Revitalized, much safer than before.
  • LGBT+ friendly, entertainment district.
  • Median home prices at $304,900.
  • Attracts young individuals.
  • Grade: A Class

Hyde Park

  • Affluent area, homes over $1,000,000.
  • Hyde Park Square with over 150 shops.
  • Safe, preferred by older families and retirees.
  • Grade: A Class

Mount Lookout

  • Favored by young professionals.
  • Small homes, townhomes, and apartments.
  • Mount Lookout Tavern, a local hangout.
  • Green spaces, safe suburb.
  • Grade: Not specified

Mount Adams

  • City views, small homes, slim streets.
  • Median home values around $465,000.
  • European-style architecture.
  • Suited for young professionals.
  • Grade: A Class

Indian Hill

  • Wealthiest Cincinnati suburb.
  • Mansions on large lots, homes range $1,000,000 to $4,000,000.
  • Ideal for raising older children.
  • Grade: Not specified

West Chester

  • Family-friendly and affordable.
  • Homes range $200,000-$300,000.
  • EnterTRAINment Junction and many parks.
  • Excellent schools.
  • Grade: Not specified

Downtown Cincinnati

  • Urban living, apartments and townhomes $100,000-$250,000.
  • Rent around $1,150 per month.
  • Artsy and trendy, mixed professional population.
  • Higher crime rates than other neighborhoods.
  • Grade: Not specified

West Side Neighborhoods (College Hill, Westwood)

  • C,D class areas, higher cash flow.
  • Affordable 3-4 bedroom homes between $100k-$150k.
  • Up and coming areas with investor interest.
  • Grade: C/D Class
9Reply
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Most Popular Reply

Cincinnati, OH · Member since 2016 · 116 posts · 83 votes
2y

You missed a few..

Incline District of East Price Hill -  high rental demand

East Walnut Hills - Very up and coming and known, high investor competition 

North Avondale - Flying below the radar, parts of Avondale can be a war zone but cetin sections are very beautiful, affordable prices and high rental demand. 

Clifton / University of Cincinnati area - renting an entire house to college kids can be very profitable as the students pool their money together and split up each bedrooms. I've seen rents in the 4K range for a house that's worth 350K.

Northside - Already a trendy area but has room to grow. Strong rental demand. 

See this reply in the discussion

9 Replies

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  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    2y
    Quote from @Shaan Puri:

    Hey everyone,

    I've been diving deep into Cincinnati, scouting out some MTR/LTR opportunities. With the number of neighborhoods out there, it's easy to get swamped, right?

    I decided to create a guide to help us out. Pulled together info from the latest BiggerPocket posts (2021 - 2023) and a bunch of other places.

    Oh, and a heads-up - I got some help from ChatGPT on this, so if you spot any gaps or something that doesn't quite add up, give me a shout. We all know AI isn't perfect.

    Eager to hear what y'all think


    Evanston

    • Close to Interstate I-71, part of East Side neighborhoods.
    • Known for a higher likelihood of appreciation with less cash flow.
    • Interest in large 5-bedroom homes needing renovation.

    Norwood

    • "The gem of the highlands."
    • Near Rookwood, Oakley, and downtown.
    • Experiencing new developments.
    • Close to I-71, favored for value appreciation.
    • Grade: B Class

    Madisonville

    • Between Mariemont and Oakley.
    • Growth in residential and commercial sectors.
    • Changing landscape with more developments.
    • Part of East Side, known for appreciation potential.
    • Grade: Later-Stage Gentrification

    Pleasant Ridge

    • Arts district, diverse community.
    • Traditional feel with gaslight streets.
    • Smaller, often rented single-family homes.
    • Part of East Side, appreciated for potential value increase.
    • Grade: Not specified

    Deer Park

    • Along I-71, quick access to Cincinnati.
    • Business development including new breweries.
    • Part of East Side, chosen for appreciation potential.
    • Grade: Later-Stage Gentrification

    Madeira

    • Close to I-71, part of East Side's desirable neighborhoods.
    • Balance of appreciating property values and quality living.
    • Grade: Not specified

    Kenwood

    • Proximity to I-71, part of East Side's investment areas.
    • Known for property appreciation potential and quality living.
    • Grade: Not specified

    Camp Washington

    • 19th-century architecture, near downtown and uptown.
    • Arts community presence, major apartment redevelopments.
    • Attracts white-collar Millennial and Gen Z renters.
    • Investment returns vary by specific location.
    • Expected significant growth in the next five years.
    • Grade: Not specified

    Downtown Neighborhoods (Business District, Pendleton, OTR, Mt. Adams)

    • High-end investment areas, suitable for short-term rentals.
    • Cash flow covers expenses, lower CoC return.
    • Grade: Not specified for individual neighborhoods

    Over-The-Rhine (OTR)

    • Revitalized, much safer than before.
    • LGBT+ friendly, entertainment district.
    • Median home prices at $304,900.
    • Attracts young individuals.
    • Grade: A Class

    Hyde Park

    • Affluent area, homes over $1,000,000.
    • Hyde Park Square with over 150 shops.
    • Safe, preferred by older families and retirees.
    • Grade: A Class

    Mount Lookout

    • Favored by young professionals.
    • Small homes, townhomes, and apartments.
    • Mount Lookout Tavern, a local hangout.
    • Green spaces, safe suburb.
    • Grade: Not specified

    Mount Adams

    • City views, small homes, slim streets.
    • Median home values around $465,000.
    • European-style architecture.
    • Suited for young professionals.
    • Grade: A Class

    Indian Hill

    • Wealthiest Cincinnati suburb.
    • Mansions on large lots, homes range $1,000,000 to $4,000,000.
    • Ideal for raising older children.
    • Grade: Not specified

    West Chester

    • Family-friendly and affordable.
    • Homes range $200,000-$300,000.
    • EnterTRAINment Junction and many parks.
    • Excellent schools.
    • Grade: Not specified

    Downtown Cincinnati

    • Urban living, apartments and townhomes $100,000-$250,000.
    • Rent around $1,150 per month.
    • Artsy and trendy, mixed professional population.
    • Higher crime rates than other neighborhoods.
    • Grade: Not specified

    West Side Neighborhoods (College Hill, Westwood)

    • C,D class areas, higher cash flow.
    • Affordable 3-4 bedroom homes between $100k-$150k.
    • Up and coming areas with investor interest.
    • Grade: C/D Class

     Well done.

  • Sam McCormackBusiness Member
    Real Estate Agent · Cincinnati, OH/NKY · Member since 2021 · 1k+ posts · 833 votes
    2y
    Quote from @Shaan Puri:

    Hey everyone,

    I've been diving deep into Cincinnati, scouting out some MTR/LTR opportunities. With the number of neighborhoods out there, it's easy to get swamped, right?

    I decided to create a guide to help us out. Pulled together info from the latest BiggerPocket posts (2021 - 2023) and a bunch of other places.

    Oh, and a heads-up - I got some help from ChatGPT on this, so if you spot any gaps or something that doesn't quite add up, give me a shout. We all know AI isn't perfect.

    Eager to hear what y'all think


    Evanston

    • Close to Interstate I-71, part of East Side neighborhoods.
    • Known for a higher likelihood of appreciation with less cash flow.
    • Interest in large 5-bedroom homes needing renovation.

    Norwood

    • "The gem of the highlands."
    • Near Rookwood, Oakley, and downtown.
    • Experiencing new developments.
    • Close to I-71, favored for value appreciation.
    • Grade: B Class

    Madisonville

    • Between Mariemont and Oakley.
    • Growth in residential and commercial sectors.
    • Changing landscape with more developments.
    • Part of East Side, known for appreciation potential.
    • Grade: Later-Stage Gentrification

    Pleasant Ridge

    • Arts district, diverse community.
    • Traditional feel with gaslight streets.
    • Smaller, often rented single-family homes.
    • Part of East Side, appreciated for potential value increase.
    • Grade: Not specified

    Deer Park

    • Along I-71, quick access to Cincinnati.
    • Business development including new breweries.
    • Part of East Side, chosen for appreciation potential.
    • Grade: Later-Stage Gentrification

    Madeira

    • Close to I-71, part of East Side's desirable neighborhoods.
    • Balance of appreciating property values and quality living.
    • Grade: Not specified

    Kenwood

    • Proximity to I-71, part of East Side's investment areas.
    • Known for property appreciation potential and quality living.
    • Grade: Not specified

    Camp Washington

    • 19th-century architecture, near downtown and uptown.
    • Arts community presence, major apartment redevelopments.
    • Attracts white-collar Millennial and Gen Z renters.
    • Investment returns vary by specific location.
    • Expected significant growth in the next five years.
    • Grade: Not specified

    Downtown Neighborhoods (Business District, Pendleton, OTR, Mt. Adams)

    • High-end investment areas, suitable for short-term rentals.
    • Cash flow covers expenses, lower CoC return.
    • Grade: Not specified for individual neighborhoods

    Over-The-Rhine (OTR)

    • Revitalized, much safer than before.
    • LGBT+ friendly, entertainment district.
    • Median home prices at $304,900.
    • Attracts young individuals.
    • Grade: A Class

    Hyde Park

    • Affluent area, homes over $1,000,000.
    • Hyde Park Square with over 150 shops.
    • Safe, preferred by older families and retirees.
    • Grade: A Class

    Mount Lookout

    • Favored by young professionals.
    • Small homes, townhomes, and apartments.
    • Mount Lookout Tavern, a local hangout.
    • Green spaces, safe suburb.
    • Grade: Not specified

    Mount Adams

    • City views, small homes, slim streets.
    • Median home values around $465,000.
    • European-style architecture.
    • Suited for young professionals.
    • Grade: A Class

    Indian Hill

    • Wealthiest Cincinnati suburb.
    • Mansions on large lots, homes range $1,000,000 to $4,000,000.
    • Ideal for raising older children.
    • Grade: Not specified

    West Chester

    • Family-friendly and affordable.
    • Homes range $200,000-$300,000.
    • EnterTRAINment Junction and many parks.
    • Excellent schools.
    • Grade: Not specified

    Downtown Cincinnati

    • Urban living, apartments and townhomes $100,000-$250,000.
    • Rent around $1,150 per month.
    • Artsy and trendy, mixed professional population.
    • Higher crime rates than other neighborhoods.
    • Grade: Not specified

    West Side Neighborhoods (College Hill, Westwood)

    • C,D class areas, higher cash flow.
    • Affordable 3-4 bedroom homes between $100k-$150k.
    • Up and coming areas with investor interest.
    • Grade: C/D Class

     Generally speaking, good info

    Sam McCormack Realtor
    View Page
  • Member since 2020 · 12 posts · 6 votes
    2y
    Quote from @Shaan Puri:

    Hey everyone,

    I've been diving deep into Cincinnati, scouting out some MTR/LTR opportunities. With the number of neighborhoods out there, it's easy to get swamped, right?

    I decided to create a guide to help us out. Pulled together info from the latest BiggerPocket posts (2021 - 2023) and a bunch of other places.

    Oh, and a heads-up - I got some help from ChatGPT on this, so if you spot any gaps or something that doesn't quite add up, give me a shout. We all know AI isn't perfect.

    Eager to hear what y'all think


    Evanston

    • Close to Interstate I-71, part of East Side neighborhoods.
    • Known for a higher likelihood of appreciation with less cash flow.
    • Interest in large 5-bedroom homes needing renovation.

    Norwood

    • "The gem of the highlands."
    • Near Rookwood, Oakley, and downtown.
    • Experiencing new developments.
    • Close to I-71, favored for value appreciation.
    • Grade: B Class

    Madisonville

    • Between Mariemont and Oakley.
    • Growth in residential and commercial sectors.
    • Changing landscape with more developments.
    • Part of East Side, known for appreciation potential.
    • Grade: Later-Stage Gentrification

    Pleasant Ridge

    • Arts district, diverse community.
    • Traditional feel with gaslight streets.
    • Smaller, often rented single-family homes.
    • Part of East Side, appreciated for potential value increase.
    • Grade: Not specified

    Deer Park

    • Along I-71, quick access to Cincinnati.
    • Business development including new breweries.
    • Part of East Side, chosen for appreciation potential.
    • Grade: Later-Stage Gentrification

    Madeira

    • Close to I-71, part of East Side's desirable neighborhoods.
    • Balance of appreciating property values and quality living.
    • Grade: Not specified

    Kenwood

    • Proximity to I-71, part of East Side's investment areas.
    • Known for property appreciation potential and quality living.
    • Grade: Not specified

    Camp Washington

    • 19th-century architecture, near downtown and uptown.
    • Arts community presence, major apartment redevelopments.
    • Attracts white-collar Millennial and Gen Z renters.
    • Investment returns vary by specific location.
    • Expected significant growth in the next five years.
    • Grade: Not specified

    Downtown Neighborhoods (Business District, Pendleton, OTR, Mt. Adams)

    • High-end investment areas, suitable for short-term rentals.
    • Cash flow covers expenses, lower CoC return.
    • Grade: Not specified for individual neighborhoods

    Over-The-Rhine (OTR)

    • Revitalized, much safer than before.
    • LGBT+ friendly, entertainment district.
    • Median home prices at $304,900.
    • Attracts young individuals.
    • Grade: A Class

    Hyde Park

    • Affluent area, homes over $1,000,000.
    • Hyde Park Square with over 150 shops.
    • Safe, preferred by older families and retirees.
    • Grade: A Class

    Mount Lookout

    • Favored by young professionals.
    • Small homes, townhomes, and apartments.
    • Mount Lookout Tavern, a local hangout.
    • Green spaces, safe suburb.
    • Grade: Not specified

    Mount Adams

    • City views, small homes, slim streets.
    • Median home values around $465,000.
    • European-style architecture.
    • Suited for young professionals.
    • Grade: A Class

    Indian Hill

    • Wealthiest Cincinnati suburb.
    • Mansions on large lots, homes range $1,000,000 to $4,000,000.
    • Ideal for raising older children.
    • Grade: Not specified

    West Chester

    • Family-friendly and affordable.
    • Homes range $200,000-$300,000.
    • EnterTRAINment Junction and many parks.
    • Excellent schools.
    • Grade: Not specified

    Downtown Cincinnati

    • Urban living, apartments and townhomes $100,000-$250,000.
    • Rent around $1,150 per month.
    • Artsy and trendy, mixed professional population.
    • Higher crime rates than other neighborhoods.
    • Grade: Not specified

    West Side Neighborhoods (College Hill, Westwood)

    • C,D class areas, higher cash flow.
    • Affordable 3-4 bedroom homes between $100k-$150k.
    • Up and coming areas with investor interest.
    • Grade: C/D Class
    Is this the Jess Mah-inspired real estate tax planning playing out in real time? Good to see you here... that's a Total Man move.
  • Marco FioreBusiness Member
    Real Estate Agent · Cincinnati, OH · Member since 2022 · 78 posts · 73 votes
    2y

    Solid list! Some areas are geared towards cashflow (College Hill, Westwood, Colerain, St. Bernard, etc.), others are for appreciation purposes only (Indian Hill, Madiera, Mt. Adams, Hyde Park, etc.), and a few areas in Cincinnati are geared for both (Norwood, Pleasant Ridge, Golf Manor, etc.) Overall, love the list that you put together!

    eXp Realty - Marco Fiore Real Estate519 Reviews
  • Member since 2023 · 27 posts · 15 votes
    2y

    @Marco Fiore

    Would you say Evanston is more cash flow or appreciation? 

  • Sam McCormackBusiness Member
    Real Estate Agent · Cincinnati, OH/NKY · Member since 2021 · 1k+ posts · 833 votes
    2y
    Quote from @Shaan Puri:

    @Marco Fiore

    Would you say Evanston is more cash flow or appreciation? 


     I see more "cash flow opportunity" than appreciation. But seeing as it is pretty close to other great areas, it really depends

    Sam McCormack Realtor
    View Page
  • Investor · NC · Member since 2023 · 2 posts · 0 votes
    2y

    Great Job...well done 

  • Cincinnati, OH · Member since 2016 · 116 posts · 83 votes
    2y

    You missed a few..

    Incline District of East Price Hill -  high rental demand

    East Walnut Hills - Very up and coming and known, high investor competition 

    North Avondale - Flying below the radar, parts of Avondale can be a war zone but cetin sections are very beautiful, affordable prices and high rental demand. 

    Clifton / University of Cincinnati area - renting an entire house to college kids can be very profitable as the students pool their money together and split up each bedrooms. I've seen rents in the 4K range for a house that's worth 350K.

    Northside - Already a trendy area but has room to grow. Strong rental demand. 

  • Marco FioreBusiness Member
    Real Estate Agent · Cincinnati, OH · Member since 2022 · 78 posts · 73 votes
    2y
    Quote from @Sam McCormack:
    Quote from @Shaan Puri:

    @Marco Fiore

    Would you say Evanston is more cash flow or appreciation? 


     I see more "cash flow opportunity" than appreciation. But seeing as it is pretty close to other great areas, it really depends


     I would say Sam McCormack is spot on. Cash-flow primarily but is surrounded but nicer, more developed areas. This can only help its case.

    eXp Realty - Marco Fiore Real Estate519 Reviews
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