Duplex with In-Unit
4569 N Edgewood Avenue Cincinnati, OH 45232
4569 N Edgewood Avenue, Cincinnati, OH, 45232
$345,000
For Sale
$345,000
MULTI_FAMILY - Cincinnati, OH
Property Size2,592 SF
Lot Size0.13 Acres
Price / SF$133.10
Days on Market53
Property Features for 4569 N Edgewood Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Window features
- Vinyl Frames
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- APN
- 219-0052-0035-00
- Size
- 2,592 SF
- Lot size
- 0.13 Acres
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1895
- Number of units
- 4
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing Agency
eXp Realty
(216) 242-2322
300 E Business Way, Suite 200, Dublin, OH
Listed by
Jeremiah Martin
(866) 212-4991
Added: May 27 Checked: Jul 18 at 3:06 pm
MLS# 1879299
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 duplex has been completely revamped inside, with new finishes throughout. The property features two units, each with in-unit laundry. Major system updates include all new major plumbing, a roof installed in 2022, and four brand-new HVAC units.
Located at 4569 N Edgewood Avenue in Cincinnati, Ohio 45232 (Hamilton County), the home offers a straightforward two-unit setup with substantial recent improvements already completed.
Located at 4569 N Edgewood Avenue in Cincinnati, Ohio 45232 (Hamilton County), the home offers a straightforward two-unit setup with substantial recent improvements already completed.
Key Highlights
- Completely revamped interior with beautiful finishes
- Two units, offering investment or owner‑occupant potential
- In‑unit laundry for each unit
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 | $33.0k | $12.72 |
| − Vacancy | −$1.9k | −$0.75 |
| EGI | $31.0k | $11.97 |
| − OpEx | −$9.3k | −$3.59 |
| NOI | $21.7k | $8.38 |
2,592 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.2K
$271.5K – $362.0K
NOI $21,717 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$275.1K
$240.7K – $321.0K
NOI $19,258 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$515.3K
$450.9K – $601.1K
NOI $36,068 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex with in-unit laundry and a fully revamped interior, including new major plumbing, roof (2022), and HVACs.
Where is this duplex located?
The property is located at 4569 N Edgewood Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Completely revamped interior with beautiful finishes; Two units, offering investment or owner‑occupant potential; In‑unit laundry for each unit
