Duplex with Backyard
3422 Bassett Road Cincinnati, OH 45205
New
For Sale
$195,000
MULTI_FAMILY - Cincinnati, OH
Property Size1,664 SF
Lot Size0.14 Acres
Price / SF$117.19
Days on Market2
Property Features for 3422 Bassett Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Driveway, Garage
- Window features
- Vinyl Frames
- Standard status
- Active
- APN
- 177-0034-0163-00
- Size
- 1,664 SF
- Lot size
- 0.14 Acres
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1961
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency:
Keller Williams Advisors
(513) 766-9200
Listed By:
Austin Long
(513) 766-9200
Added: Jul 23
Last Checked: Jul 24 at 4:06AM
MLS# 1887743
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 offers two separate residences with a currently rented upstairs unit and a vacant first-floor unit. The first-floor space features hardwood floors and access to a peaceful backyard deck.
The property includes driveway parking, garage parking, and street parking. It sits on a 0.144-acre lot and totals 1,664 square feet.
Located at 3422 Bassett Road in Cincinnati, Ohio (45205), the home is described as about a 5-minute drive to downtown Cincinnati.
The property includes driveway parking, garage parking, and street parking. It sits on a 0.144-acre lot and totals 1,664 square feet.
Located at 3422 Bassett Road in Cincinnati, Ohio (45205), the home is described as about a 5-minute drive to downtown Cincinnati.
Key Highlights
- Brick duplex with 1961 construction, shingle roof, and forced‑air heating
- Parking includes driveway, off‑street parking, and garage parking, plus street parking
- One unit is rented at market rent; the other unit is vacant and ready for occupancy or leasing
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 | $21.2k | $12.72 |
| − Vacancy | −$1.2k | −$0.75 |
| EGI | $19.9k | $11.97 |
| − OpEx | −$6.0k | −$3.59 |
| NOI | $13.9k | $8.38 |
1,664 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$199.2K
$174.3K – $232.4K
NOI $13,942 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$176.6K
$154.5K – $206.1K
NOI $12,363 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$330.8K
$289.4K – $385.9K
NOI $23,155 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with an upstairs rented unit, a vacant first-floor unit, hardwood floors, and driveway, garage, and street parking.
Where is this duplex located?
The property is located at 3422 Bassett Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Brick duplex with 1961 construction, shingle roof, and forced‑air heating; Parking includes driveway, off‑street parking, and garage parking, plus street parking; One unit is rented at market rent; the other unit is vacant and ready for occupancy or leasing
