Brick Duplex with Updated
For Sale
$189,900
1063 Winfield Avenue, Cincinnati, OH 45205
Residential Income, Cincinnati, OH
Property Size2,203 SF
Lot Size0.07 Acres
Price / SF$86.20
Days on Market47
Property Features for 1063 Winfield Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Window features
Vinyl Frames, Wood Frames
Fireplace
1
High school district
Cincinnati City SD
Directions
Glenway to Winfield
Subdivision
Hamilton-W04
Standard status
Active
APN
179-0075-0191-00
Size
2,203 SF
Lot size
0.07 Acres
Utilities
Heating system
Forced Air, Natural Gas
Building Details
Year built
1917
Number of units
2
Building materials
Brick
Roof type
Shingle
Listing Agency:
eXp Realty
(216) 242-2322
Listed By:
Marco Fiore
(866) 212-4991
Added: Aug 20
Changed: Sep 30
Last Checked: Oct 5 at 10:06PM
MLS# 1891046
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 2,203-square-foot duplex on a 0.068-acre lot contains a one-bedroom unit and a three-bedroom, one-bath unit. Built in 1917, the brick property has received updates to several major components, including a new roof, new gutters, replacement electrical panels, and a furnace installed in Unit 1 in 2023. Additional cosmetic improvements have been completed throughout. Both units are occupied, with leases extending through 1/1/27 and 9/15/26, respectively. Tenants are responsible for heat and electric, while the owner pays water. Natural gas and forced-air heating serve the building. The property includes on-street parking, a fireplace, and a shingle roof. Located on Winfield Avenue in Cincinnati’s West Price Hill area, the duplex is offered as-is.
Key Highlights
- 2,203‑square‑foot duplex on a 0.068‑acre lot
- One‑bedroom unit and three‑bedroom, one‑bath unit
- Leases extend through 1/1/27 and 9/15/26
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,368
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,360
$327.4K
Cap Rate 7%
$233,829
$233.8K
Cap Rate 9%
$181,867
$181.9K
Market Conditions
NOI Build-Up for 2,203 SF
Gross rent
$31.5K $14.28/SF
− Vacancy
−$1.7K −$0.77/SF
EGI
$29.8K $13.51/SF
− OpEx
−$13.4K −$6.08/SF
NOI
$16.4K $7.43/SF
Area
Cincinnati, OH
Vacancy
5.40%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,360
Cap Rate 7%
$233,829
Cap Rate 9%
$181,867
Alternative Uses
Best Use
Multifamily LT 5
$263.7K
$230.7K – $307.6K
NOI $18,458 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$233.8K
$204.6K – $272.8K
NOI $16,368 @ 7.0% cap · market cap 8.62%
Theoretical Best
Office A
$437.9K
$383.2K – $510.9K
NOI $30,655 @ 7.0% cap · market cap 16.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 45205, OH
19,517
Population
7,874
Households
2.5
Avg Household Size
31
Median Age
17%
College-Educated
82%
High-School Grad
2.8 sq mi
ZIP Area
6,970
Density / Sq Mi
$41,357
Median Household Income
$32,537
Median Earnings
$855
Median Rent
$112,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate one-bedroom and three-bedroom layouts with current occupants and recent major-system work.
Where is this duplex located?
The property is located at 1063 Winfield Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 2,203‑square‑foot duplex on a 0.068‑acre lot; One‑bedroom unit and three‑bedroom, one‑bath unit; Leases extend through 1/1/27 and 9/15/26
