Duplex with Covered Rear
New
For Sale
$229,900
134 Delmar Avenue, Cincinnati, OH 45217
Residential Income, Cincinnati, OH
Property Size1,800 SF
Lot Size0.07 Acres
Price / SF$127.72
Days on Market2
Property Features for 134 Delmar Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Window features
Vinyl Frames
High school district
St Bernard Elmwood P
Directions
delmar
Subdivision
Hamilton-W01
Standard status
Active
APN
582-0014-0325-00
Size
1,800 SF
Lot size
0.07 Acres
Additional Details
Tenant in Place
Yes
Utilities
Heating system
Natural Gas, Forced Air
Amenities
covered rear deck
Building Details
Year built
1905
Number of units
2
Building materials
Aluminum Siding
Roof type
Shingle
Buildings
1
Listing Agency:
Reinvest Consultants, LLC
(513) 227-2331
Listed By:
Conner Seither
(513) 823-2200
Added: Oct 26
Last Checked: Oct 27 at 3:06PM
MLS# 1898131
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two units within 1,800 square feet on a 0.073-acre lot. A covered deck extends the rear of the building, and the property was built in 1905. Construction includes aluminum siding and a shingle roof; heating is natural gas forced air. Parking is on the street.
The property is in St. Bernard, with access to nearby shopping, dining, hospitals, major highways, and downtown Cincinnati. Both units are occupied by long-term tenants on month-to-month leases.
The property is in St. Bernard, with access to nearby shopping, dining, hospitals, major highways, and downtown Cincinnati. Both units are occupied by long-term tenants on month-to-month leases.
Key Highlights
- Two‑unit duplex totaling 1,800 square feet
- 0.073‑acre lot
- Covered rear deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,082
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,640
$301.6K
Cap Rate 7%
$215,457
$215.5K
Cap Rate 9%
$167,578
$167.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$22.9K $12.72/SF
− Vacancy
−$1.4K −$0.75/SF
EGI
$21.5K $11.97/SF
− OpEx
−$6.5K −$3.59/SF
NOI
$15.1K $8.38/SF
Area
Cincinnati, OH
Vacancy
5.90%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,640
Cap Rate 7%
$215,457
Cap Rate 9%
$167,578
Alternative Uses
Best Use
Multifamily LT 5
$215.5K
$188.5K – $251.4K
NOI $15,082 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$191.1K
$167.2K – $222.9K
NOI $13,374 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$357.8K
$313.1K – $417.5K
NOI $25,047 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
Business Placement
Demographics for 45217, OH
6,177
Population
2,852
Households
2.2
Avg Household Size
39
Median Age
34%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
2,808
Density / Sq Mi
$67,974
Median Household Income
$45,789
Median Earnings
$923
Median Rent
$149,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are tenant-occupied under month-to-month leases, with on-street parking.
Where is this duplex located?
The property is located at 134 Delmar 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‑unit duplex totaling 1,800 square feet; 0.073‑acre lot; Covered rear deck
