Updated Duplex with Two
1764 Williams Avenue Norwood, OH 45212
1764 Williams Avenue, Norwood, OH, 45212
$359,900
Pending
For Sale
$359,900
Pending
MULTI_FAMILY - Norwood, OH
Property Size1,756 SF
Lot Size0.19 Acres
Days on Market13
Property Features for 1764 Williams Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Window features
- Vinyl Frames
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Pending
- APN
- 651-0051-0279-00
- Size
- 1,756 SF
- Lot size
- 0.19 Acres
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 1918
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing agency
Keller Williams Advisors
(513) 766-9200
Listed by
Daniel Baron
(513) 766-9200
Added: Jul 10 Updated: Jul 18 at 5:14AM Checked: Jul 22 at 7:06PM
MLS# 1886248
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This updated duplex includes two residential units with modern finishes. The first-floor unit has three bedrooms and one bathroom and is currently rented. The second-floor unit has two bedrooms and one bathroom and is move-in ready. Updates include newer LVP flooring installed in 2024, new kitchens with quartz countertops, new cabinets, updated lighting, and fresh paint throughout. Major renovations include fully renovated bathrooms, a roof replacement in 2023, two new furnaces in 2025, and two new central A/C units in 2025.
The property is located in Norwood, OH at 1764 Williams Avenue, convenient to Factory 52 and area destinations including Rookwood, Oakley, and Hyde Park, with I-71 nearby.
The property is located in Norwood, OH at 1764 Williams Avenue, convenient to Factory 52 and area destinations including Rookwood, Oakley, and Hyde Park, with I-71 nearby.
Key Highlights
- Duplex built in 1918 with porch, vinyl siding, and a shingle roof
- First‑floor 3‑bedroom, 1‑bath unit is currently rented for $1,800/month
- Second‑floor 2‑bedroom, 1‑bath unit is vacant and move‑in ready
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.1k | $14.28 |
| − Vacancy | −$1.4k | −$0.80 |
| EGI | $23.7k | $13.48 |
| − OpEx | −$7.1k | −$4.04 |
| NOI | $16.6k | $9.44 |
1,756 SF · lease $14.28/SF/yr · vacancy 5.61% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$236.7K
$207.1K – $276.1K
NOI $16,568 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$216.6K
$189.5K – $252.7K
NOI $15,159 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$314.8K
$275.5K – $367.3K
NOI $22,037 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex offering a rented 3-bedroom/1-bath first floor and a move-in ready 2-bedroom/1-bath second floor.
Where is this duplex located?
The property is located at 1764 Williams Avenue Norwood, OH.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Duplex built in 1918 with porch, vinyl siding, and a shingle roof; First‑floor 3‑bedroom, 1‑bath unit is currently rented for $1,800/month; Second‑floor 2‑bedroom, 1‑bath unit is vacant and move‑in ready
