Two-Unit Duplex with Attached
For Sale
$334,900
3100 Griesmer Avenue, Hamilton, OH 45015
MULTI_FAMILY - Hamilton, OH
Property Size2,105 SF
Lot Size0.14 Acres
Price / SF$159.10
Days on Market50
Property Features for 3100 Griesmer Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway, Off Street, On Street
Window features
Vinyl Frames
Fireplace
1
High school district
Hamilton City SD
Directions
Pleasant Ave to Clinton Ave to Griesmer Ave.
Subdivision
Butler-W14
Standard status
Active
APN
P6462010000045
Size
2,105 SF
Lot size
0.14 Acres
Utilities
Heating system
Forced Air
Building Details
Year built
1949
Number of units
2
Building materials
Brick, Vinyl Siding
Roof type
Shingle
Listing Agency:
Plum Tree Realty
(513) 443-5060
Listed By:
Cassandra Olivares
(513) 378-4663
Added: Jun 17
Changed: Jul 29
Last Checked: Aug 5 at 8:06AM
MLS# 1883438
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 well-maintained duplex includes two spacious 2-bedroom, 1-bath units. The first-floor unit features an attached 2-car garage, in-unit washer and dryer, and a bright breezeway or sunroom with sliding glass doors leading to a private fenced patio, along with additional storage. The second-floor unit has basement laundry and dedicated storage space, and there are also two additional locked storage units in the basement.
The property totals 2,105 square feet on a 0.14-acre lot and includes major recent updates. The seller lists improvements such as roof, siding, soffits, gutters, furnaces, windows, entry doors, hot water heaters, garage doors, and fresh paint and carpet.
For tenants, the layout supports separate living arrangements with on-site laundry options and defined storage for each unit. For owner-occupants or investors, the current configuration includes a first-floor unit that is leased while the second unit is vacant and ready for occupancy or lease-up, with tenants responsible for all utilities.
The property totals 2,105 square feet on a 0.14-acre lot and includes major recent updates. The seller lists improvements such as roof, siding, soffits, gutters, furnaces, windows, entry doors, hot water heaters, garage doors, and fresh paint and carpet.
For tenants, the layout supports separate living arrangements with on-site laundry options and defined storage for each unit. For owner-occupants or investors, the current configuration includes a first-floor unit that is leased while the second unit is vacant and ready for occupancy or lease-up, with tenants responsible for all utilities.
Key Highlights
- Duplex built in 1949 with over 2,100 sq ft and two 2‑bedroom, 1‑bath units
- First‑floor unit includes an attached 2‑car garage plus in‑unit washer and dryer
- Bright breezeway/sunroom with sliding glass doors opens to a private fenced patio
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 | $31.6k | $15.00 |
| − Vacancy | −$2.2k | −$1.07 |
| EGI | $29.3k | $13.93 |
| − OpEx | −$8.8k | −$4.18 |
| NOI | $20.5k | $9.75 |
2,105 SF · lease $15.00/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$293.3K
$256.6K – $342.2K
NOI $20,529 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$269.9K
$236.1K – $314.9K
NOI $18,891 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$416.2K
$364.2K – $485.6K
NOI $29,134 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Explore this area
Business Placement
Demographics for 45015, OH
12,103
Population
5,146
Households
2.4
Avg Household Size
37
Median Age
11%
College-Educated
87%
High-School Grad
5.6 sq mi
ZIP Area
2,161
Density / Sq Mi
$45,543
Median Household Income
$37,660
Median Earnings
$1,041
Median Rent
$116,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom units, including an attached 2-car garage and updated building systems.
Where is this duplex located?
The property is located at 3100 Griesmer Avenue Hamilton, OH.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Duplex built in 1949 with over 2,100 sq ft and two 2‑bedroom, 1‑bath units; First‑floor unit includes an attached 2‑car garage plus in‑unit washer and dryer; Bright breezeway/sunroom with sliding glass doors opens to a private fenced patio
