Two-Family Ranch with Separate
1843 Northcutt Avenue Cincinnati, OH 45237
For Sale
$209,900
MULTI_FAMILY - Cincinnati, OH
Property Size1,680 SF
Lot Size0.13 Acres
Price / SF$124.94
Days on Market32
Property Features for 1843 Northcutt Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, On Street, Off Street
- Patio and Porch features
- Porch
- Exterior features
- Porch, Yard Lights
- Standard status
- Active
- APN
- 119-0001-0132-00
- Size
- 1,680 SF
- Lot size
- 0.13 Acres
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1927
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Membrane
Listing Agency:
RE/MAX Preferred Group
(513) 229-7774
Listed By:
Kyria Graves
(513) 533-4111
Added: Jun 23
Changed: Jul 19
Last Checked: Jul 24 at 2:06AM
MLS# 1884266
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 ranch-style two-family home includes two separate living units, each with its own private entrance and porch. Both units are one-bedroom layouts, with one unit using the lower level as an additional bedroom. Separate utilities are in place, which can simplify day-to-day management compared with shared systems. The property is currently occupied by long-term tenants on month-to-month terms.
The home is located at 1843 Northcutt Avenue in Cincinnati, OH 45237 (Hamilton County). A long driveway provides off-street parking for multiple vehicles. The property sits right on the bus line, offering convenient public-transit access. The lot measures 0.134 acres, and the total property size is 1,680 square feet.
For buyers, this configuration can support multiple ownership strategies, including living in one unit while renting the other. The separate entrances and utilities help preserve tenant independence, while the off-street parking and bus-line access are practical considerations for prospective tenants. Month-to-month occupancy may also be attractive to an owner looking for flexibility in future plans.
The home is located at 1843 Northcutt Avenue in Cincinnati, OH 45237 (Hamilton County). A long driveway provides off-street parking for multiple vehicles. The property sits right on the bus line, offering convenient public-transit access. The lot measures 0.134 acres, and the total property size is 1,680 square feet.
For buyers, this configuration can support multiple ownership strategies, including living in one unit while renting the other. The separate entrances and utilities help preserve tenant independence, while the off-street parking and bus-line access are practical considerations for prospective tenants. Month-to-month occupancy may also be attractive to an owner looking for flexibility in future plans.
Key Highlights
- Ranch‑style two‑family home built in 1927 with vinyl siding and a membrane roof
- Each unit has a private entrance and its own porch
- Two one‑bedroom layouts; one unit uses the lower level as an additional bedroom
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 | $21.4k | $12.72 |
| − Vacancy | −$1.3k | −$0.75 |
| EGI | $20.1k | $11.97 |
| − OpEx | −$6.0k | −$3.59 |
| NOI | $14.1k | $8.38 |
1,680 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$201.1K
$176.0K – $234.6K
NOI $14,076 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$178.3K
$156.0K – $208.0K
NOI $12,482 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$334.0K
$292.2K – $389.6K
NOI $23,377 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Duplex - Ranch duplex with private entrances, separate utilities, and off-street parking along a bus line.
Where is this duplex located?
The property is located at 1843 Northcutt Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Ranch‑style two‑family home built in 1927 with vinyl siding and a membrane roof; Each unit has a private entrance and its own porch; Two one‑bedroom layouts; one unit uses the lower level as an additional bedroom
