549 Church Street, Cincinnati, OH 45217
MULTI_FAMILY - St Bernard, OH
- Added:
- Jun 18, 2026
- Days on Market:
- 14
- Last Refresh:
- Jul 1 at 4:06 am
Property Features for 549 Church Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Window features
- Vinyl Frames, Wood Frames
- Patio and Porch features
- Porch
- Exterior features
- Porch, Enclosed Porch
- Standard status
- Active
- APN
- 582-0014-0208-00
- Size
- 2,002 SF
- Lot size
- 0.11 Acres
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Block
- Roof type
- Shingle
Listing agent Michael Slafka (513) 378-4663
Listing office Plum Tree Realty 9078 Union Centre Blvd Ste 350, West Chester, OH (513) 443-5060
Listing date Jun 18, 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
- Duplex with two spacious units and flexible floor plans
- Unit 1: large 1‑bedroom with one room used as a second bedroom
- Unit 2: 2 bedrooms with a loft area
- Oversized tandem garage plus large unfinished basement
- Month‑to‑month tenants in both units
- Built in 1925 with block construction, forced‑air heating, and a shingle roof
Overview
The property also features an oversized tandem garage and a large unfinished basement, providing additional storage and potential for future development or customization. Both tenants are currently on month-to-month arrangements. The lot size is listed at 0.11 acres.
For buyers looking for a hands-on investment approach or an owner-occupant seeking extra income, the duplex configuration and month-to-month tenancy can support manageable operations while renovations are completed over time. The presence of a loft area not pictured, along with the garage and unfinished basement, may offer opportunities to refine interior and functional space during the update process.
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 | $25.5k | $12.72 |
| − Vacancy | −$1.5k | −$0.75 |
| EGI | $24.0k | $11.97 |
| − OpEx | −$7.2k | −$3.59 |
| NOI | $16.8k | $8.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.490805
- Latitude
- 39.163633
