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    Owner-Occupant Duplex with Income Title is generated by Realmo AI

    1027 Winfield Avenue, Cincinnati, OH 45205

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    Claim this Listing
    Pending
    $229,900

    MULTI_FAMILY - Cincinnati, OH

    Property size:
    2,093 SF
    Added:
    May 8, 2026
    Days on Market:
    44
    Last Refresh:
    Jun 20 at 4:06 pm

    Property Features for 1027 Winfield 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, Wood Fence, Metal Fence
    Fencing
    Fenced, Wood
    Standard status
    Pending
    APN
    179-0075-0200-00
    Size
    2,093 SF

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1901
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Slate

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    Listing Contact
    Shelley Helton

    Listing agent Shelley Helton

    Listing office eXp Realty 300 E Business Way, Suite 200, Dublin, OH

    Listing date May 8, 2026

    MLS# 1878460 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.

    HighLights

    • Two‑family (duplex) with 1st‑floor 1 bed / 1 full bath and 2nd‑floor 3 bed / 1 full bath
    • 1st‑floor unit will be vacant starting June 1, 2026; currently rented at $940
    • 2nd‑floor unit is rented at $1,460 and offers 3 bedrooms and 1 full bath
    • Large fenced lot with covered porches; exterior features include vinyl siding and wood/metal fencing
    • Central A/C installed by the current owner; heating is forced air with natural gas
    • Clean, dry basement provides storage space; roof is slate; built in 1901

    Overview

    This duplex offers two distinct residences within a single property, designed for comfortable day-to-day living. The first-floor unit features 1 bedroom and 1 full bath and is set to be vacant starting June 1, 2026. The second-floor unit offers 3 bedrooms and 1 full bath with generous room sizes throughout. Both units include oversized living spaces and covered porches, adding practical outdoor areas for everyday relaxation.

    The property sits on a large fenced-in lot in Cincinnati, providing privacy and outdoor utility. A clean, dry basement is also available for storage, and the current owner has installed central AC to support year-round comfort. This combination of usable indoor space, outdoor seating areas, and reliable storage makes the home workable for both tenants and owner-occupants.

    From a buyer or operator standpoint, the layout provides straightforward flexibility. An owner-occupant can live in the larger second-floor unit while the first-floor unit becomes available for new rental terms, or the property can be held as an investor with both units producing rental income depending on timing. The two-unit configuration, paired with central AC and porch space, supports a tenant-friendly living environment and helps broaden the property’s appeal to a range of occupants.

    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 $26.6k $12.72
    − Vacancy −$1.6k −$0.75
    EGI $25.1k $11.97
    − OpEx −$7.5k −$3.59
    NOI $17.5k $8.38
    2,093 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $250.5K
    $219.2K – $292.3K (±1% cap)
    NOI $17,537 @ 7.0% cap · market cap 7.63%
    Second Best
    Apartment 5plus
    $222.2K
    $194.4K – $259.2K (±1% cap)
    NOI $15,551 @ 7.0% cap · market cap 6.76%
    Theoretical Best
    Office A
    $416.1K
    $364.1K – $485.4K (±1% cap)
    NOI $29,124 @ 7.0% cap · market cap 12.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.584626
    Latitude
    39.111064

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with covered porches, central AC, and flexible occupancy—ideal for income or future owner use.
    Where is this duplex located?
    The property is located at 1027 Winfield Avenue Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: Two‑family (duplex) with 1st‑floor 1 bed / 1 full bath and 2nd‑floor 3 bed / 1 full bath; 1st‑floor unit will be vacant starting June 1, 2026; currently rented at $940; 2nd‑floor unit is rented at $1,460 and offers 3 bedrooms and 1 full bath
    More about this property
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