Cincinnati Duplex with
4120 St William Avenue Cincinnati, OH 45205
4120 St William Avenue, Cincinnati, OH, 45205
$199,900
For Sale
$199,900
MULTI_FAMILY - Cincinnati, OH
Property Size2,370 SF
Lot Size0.23 Acres
Price / SF$84.35
Days on Market159
Property Features for 4120 St William Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Window features
- Wood Frames
- Standard status
- Active
- APN
- 179-0078-0121-00
- Size
- 2,370 SF
- Lot size
- 0.23 Acres
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1923
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency
Keller Williams Advisors
(513) 766-9200
2105 Grandin Road, Cincinnati, OH
Listed by
Jennifer Donathan
(513) 766-9200
Added: Feb 12 Updated: Jun 28 at 11:03 am Checked: Jul 21 at 4:06 am
MLS# 1868559
Listing URL
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 tenant-occupied duplex is located in Cincinnati, OH. The property is part of a portfolio and can be sold separately or together with other properties in the portfolio. The building contains two units: a four-bedroom, one-bathroom unit and a two-bedroom, one-bathroom unit. Each unit is approximately 1,185 square feet, for a total property size of 2,370 square feet. Each unit has separate furnaces, hot water tanks, and electric panels. The HVAC and plumbing systems have been updated within the last five years. The lot size is 0.23 acres. Currently, one tenant leases the entire home on a month-to-month basis, paying $2,000 per month plus all utilities.
Key Highlights
- Potential for immediate rental income of $2000/month plus utilities.
- Updated HVAC and plumbing within the last 5 years.
- Two separate units (4 bed/1 bath and 2 bed/1 bath) offering flexibility.
Local Financial Insights For Apartment 5plus
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 | $33.8k | $14.28 |
| − Vacancy | −$1.8k | −$0.77 |
| EGI | $32.0k | $13.51 |
| − OpEx | −$14.4k | −$6.08 |
| NOI | $17.6k | $7.43 |
2,370 SF · lease $14.28/SF/yr · vacancy 5.40% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$283.7K
$248.2K – $331.0K
NOI $19,857 @ 7.0% cap · market cap 9.93%
Second Best
Apartment 5plus
$251.6K
$220.1K – $293.5K
NOI $17,609 @ 7.0% cap · market cap 8.81%
Theoretical Best
Office A
$471.1K
$412.2K – $549.7K
NOI $32,979 @ 7.0% cap · market cap 16.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Tenant-occupied duplex in Cincinnati, part of a larger portfolio.
Where is this duplex located?
The property is located at 4120 St William Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Potential for immediate rental income of $2000/month plus utilities.; Updated HVAC and plumbing within the last 5 years.; Two separate units (4 bed/1 bath and 2 bed/1 bath) offering flexibility.
