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404 Mohawk Street, Cincinnati, OH, 45214
Renovated Duplex with Two Units

404 Mohawk Street Cincinnati, OH 45214

For Sale
$429,000

MULTI_FAMILY - Cincinnati, OH

Property Size2,083 SF
Lot Size0.06 Acres
Price / SF$205.95
Days on Market47

Property Features for 404 Mohawk Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Window features
Vinyl Frames
Patio and Porch features
Deck
Exterior features
Deck
Standard status
Active
APN
096-0004-0018-00
Size
2,083 SF
Lot size
0.06 Acres

Utilities

Heating system
Natural Gas, Forced Air

Building Details

Year built
1874
Number of units
2
Building materials
Vinyl Siding, Wood Siding
Roof type
Shingle
Listing Agency: eXp Realty
Listed By: Christi Nolan
Added: Jun 7 Changed: Jul 17 Last Checked: Jul 23 at 5:06PM
MLS# 1881569

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 renovated duplex features two separate residential units. Unit 1 offers a one-bedroom layout and includes a renovated bathroom. Unit 2 provides two bedrooms and one bath, along with modern interior finishes and an inviting living space. Furnishings in Unit 2 are included, supporting a turn-key setup.

The property is located at 404 Mohawk Street in Cincinnati’s Mohawk District, positioned above Over-the-Rhine and described as offering city views. The surrounding area is presented as highly walkable, with easy access to the Brewery District, TQL Stadium, and Findlay Market.

The listing also notes numerous recent improvements and major updates, intended to provide additional confidence for ownership.

Key Highlights

  • Duplex built in 1874 in Cincinnati’s Mohawk District, with deck/patio features
  • Unit 1: one‑bedroom layout with a renovated bathroom
  • Unit 2: two bedrooms and 1 bath, with modern decor and included furnishings

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 $26.5k $12.72
− Vacancy −$1.6k −$0.75
EGI $24.9k $11.97
− OpEx −$7.5k −$3.59
NOI $17.5k $8.38
2,083 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$249.3K
$218.2K – $290.9K (±1% cap)
NOI $17,453 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$221.1K
$193.5K – $257.9K (±1% cap)
NOI $15,476 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$414.1K
$362.3K – $483.1K (±1% cap)
NOI $28,985 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Carpet & Flooring Store Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Accounting Firm Garden Center Locksmith Pet Grooming Service HVAC Service Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Renovated duplex with a one-bedroom unit and a two-bedroom unit, with furnishings included in Unit 2.
Where is this duplex located?
The property is located at 404 Mohawk Street Cincinnati, OH.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Duplex built in 1874 in Cincinnati’s Mohawk District, with deck/patio features; Unit 1: one‑bedroom layout with a renovated bathroom; Unit 2: two bedrooms and 1 bath, with modern decor and included furnishings
More about this property
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