4320 Tower Avenue, Cincinnati, OH 45217
- Added:
- Jun 22, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 4320 Tower Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, On Street, Garage
- Window features
- Vinyl Frames
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Pending
- APN
- 582-0014-0087-00
- Size
- 2,341 SF
- Lot size
- 0.15 Acres
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1909
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Alicia Stoughton (513) 766-9200
Listing office Keller Williams Advisors 2105 Grandin Road, Cincinnati, OH (513) 766-9200
Listing date Jun 22, 2026
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.
HighLights
- Updated duplex in St. Bernard with new kitchens, updated bathrooms, fixtures, and fresh paint throughout
- Unit #1: 2 bed, 1 bath on the first floor with in‑unit washer/dryer
- Unit #2: 3 bed, 1 bath on floors 2 & 3 with in‑unit washer/dryer
- Separate gas and electric services for the two units
- 2‑car detached garage plus driveway and on‑street parking; porch and brick exterior
- Built in 1909 with shingle roof; forced‑air natural gas heating
Overview
The property includes separate gas and electric services for the two units and features a detached two-car garage. The duplex is described as centrally located in St. Bernard, providing convenient access for day-to-day needs.
The current setup supports multiple ownership and operating options. The seller notes the property has been used as a short-term rental and that it can be purchased fully furnished. With bookings paused, it may appeal to an owner-occupant looking to live in one unit while using the other for rental income, or to an investor seeking a duplex with clear unit separation and in-unit laundry. Detached parking and updated interiors help support tenant or guest readiness with less immediate work after acquisition.
Local 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 | $29.8k | $12.72 |
| − Vacancy | −$1.8k | −$0.75 |
| EGI | $28.0k | $11.97 |
| − OpEx | −$8.4k | −$3.59 |
| NOI | $19.6k | $8.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.496382
- Latitude
- 39.163252
