Fully Occupied Two-Unit
For Sale
$164,900
1875 Knox St, Cincinnati, OH 45214
Both residences are occupied, with two separate units within the property.
Property Size1,754 SF
Price / SF$94.01
Days on Market38
Property Features for 1875 Knox St
General Information
Standard status
Active
Size
1,754 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1890
Buildings
1
Tenancy
Multi
Listing Agency:
TG Real Estate
Listed By:
Rollin Gosney
(330) 259-6974
Source:
Lovdalgroup
Added: Aug 30
Changed: Sep 11
Last Checked: Oct 5 at 9:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TG Real Estate
Investment Insights
Based on property information with market context.
Built in 1890, this duplex contains two distinct residential units within a classic multifamily home. Both units are currently occupied, providing an existing residential income setup for the next owner.
The property is located at 1875 Knox Street in Cincinnati, Ohio, with access to Downtown Cincinnati, major highways, hospitals, universities, shopping, dining, and entertainment. Its two-unit configuration offers a straightforward multifamily ownership profile in an established urban setting.
The property is located at 1875 Knox Street in Cincinnati, Ohio, with access to Downtown Cincinnati, major highways, hospitals, universities, shopping, dining, and entertainment. Its two-unit configuration offers a straightforward multifamily ownership profile in an established urban setting.
Key Highlights
- Two separate residential units
- Both units currently occupied
- Built in 1890
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,696
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,920
$293.9K
Cap Rate 7%
$209,943
$209.9K
Cap Rate 9%
$163,289
$163.3K
Market Conditions
NOI Build-Up for 1,754 SF
Gross rent
$22.3K $12.72/SF
− Vacancy
−$1.3K −$0.75/SF
EGI
$21.0K $11.97/SF
− OpEx
−$6.3K −$3.59/SF
NOI
$14.7K $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%
$293,920
Cap Rate 7%
$209,943
Cap Rate 9%
$163,289
Alternative Uses
Best Use
Multifamily LT 5
$209.9K
$183.7K – $244.9K
NOI $14,696 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$186.2K
$162.9K – $217.2K
NOI $13,032 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$348.7K
$305.1K – $406.8K
NOI $24,407 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Demographics for 45214, OH
8,901
Population
5,028
Households
1.8
Avg Household Size
32
Median Age
23%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,297
Density / Sq Mi
$26,348
Median Household Income
$27,243
Median Earnings
$762
Median Rent
$102,000
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
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with two separate units within the property.
Where is this duplex located?
The property is located at 1875 Knox St Cincinnati, OH.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Two separate residential units; Both units currently occupied; Built in 1890
