Updated Duplex with Vacant
2320 Beechmont Avenue Cincinnati, OH 45230
For Sale
$289,900
MULTI_FAMILY - Cincinnati, OH
Property Size1,528 SF
Lot Size0.11 Acres
Price / SF$189.73
Days on Market45
Property Features for 2320 Beechmont Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Window features
Vinyl Frames
Patio and Porch features
Porch
Exterior features
Porch
Standard status
Active
APN
651-0031-0146-00
Size
1,528 SF
Lot size
0.11 Acres
Utilities
Heating system
Forced Air, Natural Gas
Building Details
Year built
1860
Number of units
2
Building materials
Brick
Roof type
Shingle
Listing Agency:
Keller Williams Advisors
(513) 766-9200
Listed By:
Rachael Seidel
(513) 766-9200
Added: Jun 15
Changed: Jul 18
Last Checked: Jul 29 at 8:06AM
MLS# 1883062
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 duplex includes two separate residential units with distinct layouts. The first-floor unit has two bedrooms and one bathroom and is currently vacant. It has been updated with a brand-new oven/range and refrigerator, along with new laminate flooring, and the kitchen and bathroom have recently been updated. The second-floor unit offers one bedroom and one bathroom, with hardwood floors and updates including new bath flooring; it is currently occupied.
The property is located at 2320 Beechmont Avenue in Cincinnati, Ohio 45230, within Hamilton County. The site covers approximately 0.114 acres and the total building area is listed at 1,528 square feet.
For an owner-occupant, the vacant first-floor unit provides the option to live in one unit while collecting rent from the second-floor unit. For investors, the arrangement of a vacant unit alongside a currently occupied unit can support portfolio strategies while allowing the updated first-floor space to be prepared for new tenancy if desired.
The property is located at 2320 Beechmont Avenue in Cincinnati, Ohio 45230, within Hamilton County. The site covers approximately 0.114 acres and the total building area is listed at 1,528 square feet.
For an owner-occupant, the vacant first-floor unit provides the option to live in one unit while collecting rent from the second-floor unit. For investors, the arrangement of a vacant unit alongside a currently occupied unit can support portfolio strategies while allowing the updated first-floor space to be prepared for new tenancy if desired.
Key Highlights
- Brick duplex built in 1860 with porch and shingle roof
- Updated first‑floor 2 bed/1 bath unit is vacant and ready for owner occupancy
- First‑floor unit includes new oven/range, refrigerator, and laminate flooring
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 | $19.4k | $12.72 |
| − Vacancy | −$1.1k | −$0.75 |
| EGI | $18.3k | $11.97 |
| − OpEx | −$5.5k | −$3.59 |
| NOI | $12.8k | $8.38 |
1,528 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$182.9K
$160.0K – $213.4K
NOI $12,803 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$162.2K
$141.9K – $189.2K
NOI $11,353 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$303.7K
$265.8K – $354.4K
NOI $21,262 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex offers a vacant updated two-bedroom unit and a separate occupied one-bedroom unit for diversified residential income.
Where is this duplex located?
The property is located at 2320 Beechmont Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Brick duplex built in 1860 with porch and shingle roof; Updated first‑floor 2 bed/1 bath unit is vacant and ready for owner occupancy; First‑floor unit includes new oven/range, refrigerator, and laminate flooring
