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Fully Occupied Duplex for Investment

5214 Sidney Road Cincinnati, OH 45238

5214 Sidney Road, Cincinnati, OH, 45238
$249,900
Pending
For Sale
$249,900
Pending

MULTI_FAMILY - Green Twp, OH

Property Size2,214 SF
Lot Size0.16 Acres
Days on Market53

Property Features for 5214 Sidney Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Assigned, Off Street, Driveway
Window features
Aluminum Frames
Patio and Porch features
Porch
Exterior features
Balcony, Enclosed Porch
Fireplace
1
Standard status
Pending
APN
550-0041-0245-00
Size
2,214 SF
Lot size
0.16 Acres

Utilities

Heating system
Natural Gas, Forced Air

Building Details

Year built
1941
Number of units
2
Building materials
Aluminum Siding, Brick
Roof type
Shingle
Listing Agency 3 B Realty Group LLC
5981 Harrison Avenue, Suite 4, Cincinnati, OH
Listed by Coleen Garrett
Added: May 27 Checked: Jul 18 at 12:06 pm
MLS# 1880877 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 investor-ready duplex is fully occupied with two tenants in place. Unit 2 has been recently remodeled, with new flooring, fresh paint, updated kitchen cabinets, and modern appliances. Photos provided are of unit 2 prior to move-in, reflecting the pre-occupancy condition.

The property is located at 5214 Sidney Road in Green Twp, OH 45238, within Hamilton County.

Unit 1 is leased for $1,065 per month with lease terms running from 08/01/2024 through 08/01/2026. Unit 2 is leased for $1,295 per month with lease terms running from 12/22/2025 through 12/31/2026. For buyers seeking a duplex that is already producing rental income and backed by in-place lease schedules, this configuration can support straightforward underwriting and an operator-ready transition.

Key Highlights

  • Fully occupied duplex with lease terms in place: Unit 1 $1,065/mo (08/01/2024–08/01/2026) and Unit 2 $1,295/mo (12/22/2025–12/31/2026)
  • Unit 2 recently remodeled with new flooring, fresh paint, updated kitchen cabinets, and modern appliances
  • 1941‑built duplex with natural gas forced‑air heating

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 $39.9k $18.00
− Vacancy −$2.2k −$1.01
EGI $37.6k $16.99
− OpEx −$16.9k −$7.65
NOI $20.7k $9.35
2,214 SF · lease $18.00/SF/yr · vacancy 5.60% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$337.5K
$295.3K – $393.8K (±1% cap)
NOI $23,625 @ 7.0% cap · market cap 9.45%
Second Best
Apartment 5plus
$295.6K
$258.6K – $344.9K (±1% cap)
NOI $20,691 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$492.6K
$431.1K – $574.7K (±1% cap)
NOI $34,484 @ 7.0% cap · market cap 13.80%
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

Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Spa & Massage Center Electrical Service (Bike/Boat/Book/etc) Store Building Supply Hotel & Motel

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

FAQs

What type of property is this?
Duplex - Duplex with two leased units and a recently remodeled second unit, offering income through 2026.
Where is this duplex located?
The property is located at 5214 Sidney Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Fully occupied duplex with lease terms in place: Unit 1 $1,065/mo (08/01/2024–08/01/2026) and Unit 2 $1,295/mo (12/22/2025–12/31/2026); Unit 2 recently remodeled with new flooring, fresh paint, updated kitchen cabinets, and modern appliances; 1941‑built duplex with natural gas forced‑air heating
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