1829 Lincoln Avenue, Norwood, OH 45212
MULTI_FAMILY - Norwood, OH
- Added:
- May 15, 2026
- Days on Market:
- 27
- Last Refresh:
- Jun 10 at 12:06 am
Property Features for 1829 Lincoln Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Window features
- Wood Frames, Vinyl Frames
- Standard status
- Active
- APN
- 651-0050-0198-00
- Size
- 2,231 SF
- Lot size
- 0.17 Acres
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 1890
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing agent Matthew Wielgos (513) 378-4663
Listing office Plum Tree Realty 9078 Union Centre Blvd Ste 350, West Chester, OH (513) 443-5060
Listing date May 15, 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.
HighLights
- Two‑story conventional multi‑family with approx. 2,281 sq. ft. across three finished levels
- Built in 1890 with vinyl siding and a shingle roof
- Updates include plumbing and electrical, plus roof replaced in 2009
- Box gutters replaced in 2021 and upstairs furnace replaced in 2021
- Interior includes oak hardwood, heart pine, and luxury vinyl plank flooring
- Laundry setup includes two washers and two dryers; additional features include patio, porch, balcony, and unfinished basement storage
Overview
The property is located in Norwood, OH, near shopping, schools, dining, and highways, with Cincinnati-area amenities within the surrounding market.
For buyers and operators, the layout offers both practical rental functionality and flexibility for an owner-occupant scenario, with the possibility to re-convert the space into one spacious residence as described in the remarks. With multiple baths and kitchens already in place, the home supports a range of residential income and occupancy approaches while retaining substantial character and finish detail.
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 | $31.9k | $14.28 |
| − Vacancy | −$1.8k | −$0.80 |
| EGI | $30.1k | $13.48 |
| − OpEx | −$9.0k | −$4.04 |
| NOI | $21.0k | $9.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Norwood
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.463894
- Latitude
- 39.158555
