1415 Race St
About
Duplex in Cincinnati located in the Over-the-Rhine neighborhood, positioned as the front streetside building within a compound that also includes 1413 Race St (same owner). The property features a modern kitchen with stainless steel appliances, in-unit washer and dryer, and a mix of hardwood flooring and carpet, within a historic district of preserved 19th-century buildings. It is located a few blocks from downtown with access to nearby amenities including Findlay Market, Washington Park, and Cincinnati Music Hall. Unit 1 is leased from 04/01/2025 to 03/31/2026 at $1,245/month. Unit 2 is leased from 09/15/2025 to 06/30/2026 at $2,613/month.
Property Management
Michael Sherrill listed this property and runs its day-to-day operations — tenants, upkeep, and rent collection — so shareholders never carry the landlord workload themselves.
Due Diligence Documents
Offering Details
The Market
Cincinnati offers a mix of neighborhood livability, local employment, and day-to-day amenities that support long-term housing demand. Ask Lofty AI to compare this market against any other on the platform.
Property Updates
- Property Update (04/20/2026):
- Unit 2:
- We're about to start the lease renewal process for:
- 1415 Race St #2, Cincinnati, OH 45202, USA
- NO ACTION is needed unless you do not want to re-lease the property.
- Here's the plan:
- We'll organize all the data to make an informed decision
- Tenancy history (payments; property condition; etc)
- Market analysis of comps/rent
- PM recommendation
- We'll email you to review/discuss the leasing review.
Investor Reviews
N/A/5 (0 reviews)Investors haven't shared their experience with this property yet.
Frequently Asked Questions
How Lofty works+
Each property is held by its own LLC and divided into shares recorded on chain. Buy as few or as many as you like, collect rent daily, and trade on the order book anytime.
What returns can I expect, and how often are rental payments distributed to investors?+
Your share of net rent accrues every day, and appreciation is realized when you sell. Every listing shows its projected yield and full expense breakdown.
How does leverage work?+
Some properties carry a loan. Debt boosts cash-on-cash returns when rents outrun the payment — and cuts the other way when they don’t. Leveraged listings show the balance in Financials.
How are property decisions made?+
Big decisions — repairs, refinancing, selling — go to a shareholder vote through the property’s governance DAO, with results executed by the managing agent.
Where can I communicate with the other co-owners?+
Every property has an owners’ discussion space where co-owners talk through upcoming votes and updates.
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