1827 Tilden Avenue Norwood, OH 45212
MULTI_FAMILY - Norwood, OH
Property Features for 1827 Tilden Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Window features
- Vinyl Frames
- Exterior features
- Balcony
- Standard status
- Pending
- APN
- 651-0048-0064-00
- Size
- 1,520 SF
- Lot size
- 0.08 Acres
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 1906
- Number of units
- 2
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing agent Denise Taylor (866) 212-4991
Listing office eXp Realty 300 E Business Way, Suite 200, Dublin, OH (866) 212-4991
Listing date Jun 29, 2026
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.
A one-car built-in garage adds convenient off-street parking. The property also includes an unfinished basement with designated storage and a shared washer and dryer. The second-floor living space extends to a large covered balcony.
The configuration supports an owner-occupant who can live in one unit while renting the other, or a buyer looking to manage both units as a residential income property. With shared laundry, updated interior finishes, and functional storage, the duplex is built for everyday liveability while keeping operations straightforward for an owner or operator.
Key Highlights
- Duplex built in 1906 with one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit
- Updated kitchens and baths with hardwood and laminate flooring in both units
- One‑car built‑in garage plus driveway parking
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 | $21.7k | $14.28 |
| − Vacancy | −$1.2k | −$0.80 |
| EGI | $20.5k | $13.48 |
| − OpEx | −$6.1k | −$4.04 |
| NOI | $14.3k | $9.44 |
