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Updated Duplex Near Xavier University

1541 Blair Avenue, Cincinnati, OH 45207

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For Sale

$350,000

MULTI_FAMILY - Cincinnati, OH

Property size:

2,464 SF

Lot size:

0.21 Acres

Price / SF:

$142/SF

HighLights

Updated duplex built in 1902 with two units: one 3‑bedroom unit and one 2‑bedroom unit
Both units feature refreshed kitchens and bathrooms, plus new paint and flooring
2‑bedroom unit includes a front porch
3‑bedroom unit includes a private deck
Heating: natural gas forced air
Vinyl siding exterior with shingle roof; on‑street parking

We can help!

Contact an agent

Ross Tonyan

For Sale

$350,000

MULTI_FAMILY - Cincinnati, OH

Property size:

2,464 SF

Lot size:

0.21 Acres

Price / SF:

$142/SF

Added:: May 14, 2026
Days on Market:: 51
Last Refresh:: Jul 3 at 12:06 pm

Property Features for 1541 Blair Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking features: On Street
Window features: Vinyl Frames
Patio and Porch features: Deck, Porch
Interior features: 220 Volt, Storage Area
Exterior features: Deck, Porch
Standard status: Active
APN: 054-0006-0016-00
Size: 2,464 SF
Lot size: 0.21 Acres

Utilities

Heating system: Natural Gas, Forced Air

Building Details

Year built: 1902
Number of units: 2
Building materials: Vinyl Siding
Roof type: Shingle
Additional Structures: Storage

We can help!

Contact an agent

Ross Tonyan

Listing agent Ross Tonyan

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

Listing date May 14, 2026

MLS# 1878705 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

Updated duplex built in 1902 with two units: one 3‑bedroom unit and one 2‑bedroom unit
Both units feature refreshed kitchens and bathrooms, plus new paint and flooring
2‑bedroom unit includes a front porch
3‑bedroom unit includes a private deck
Heating: natural gas forced air
Vinyl siding exterior with shingle roof; on‑street parking

Overview

This updated duplex presents a great investment or owner-occupant opportunity. The property features one 3-bedroom unit and one 2-bedroom unit. It is ideally located near Xavier University, the Woodburn Business District, and downtown Cincinnati, providing convenient access to dining, parks, entertainment, and local attractions. Both units have refreshed kitchens and bathrooms, along with new paint and flooring. The 2-bedroom unit includes a welcoming front porch, while the 3-bedroom unit offers a private deck. The property includes a yard, adding outdoor space. The property size is 2464 square feet and the lot size is 0.206 acres.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$31.3k	$12.72
− Vacancy	−$1.8k	−$0.75
EGI	$29.5k	$11.97
− OpEx	−$8.8k	−$3.59
NOI	$20.6k	$8.38

2,464 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$294.9K

$258.1K – $344.1K (±1% cap)

NOI $20,645 @ 7.0% cap · market cap 5.90%

Second Best

Apartment 5plus

$261.5K

$228.8K – $305.1K (±1% cap)

NOI $18,307 @ 7.0% cap · market cap 5.23%

Theoretical Best

Office A

$489.8K

$428.6K – $571.5K (±1% cap)

NOI $34,287 @ 7.0% cap · market cap 9.80%

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

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Cincinnati
County: Clermont
State: Ohio
Longitude: -84.476934
Latitude: 39.139813

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For sale
Duplexes
OH
Cincinnati
45207
1541 Blair Avenue

What type of property is this?

Duplex - Updated duplex near Xavier University, Woodburn, and downtown Cincinnati.

Where is this duplex located?

The property is located at 1541 Blair Avenue Cincinnati, OH.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Updated duplex built in 1902 with two units: one 3‑bedroom unit and one 2‑bedroom unit; Both units feature refreshed kitchens and bathrooms, plus new paint and flooring; 2‑bedroom unit includes a front porch

1541 Blair Avenue, Cincinnati, OH 45207

MULTI_FAMILY - Cincinnati, OH

Property Features for 1541 Blair Avenue

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Flexible Office and Medical Building

Flex Office and Warehouse Facility

Office Building with Private Parking

Office Complex with Triple-Net Tenants

Office/Warehouse Building

Legal Duplex with Double Entrances

Two-Story Retail Building with Dollar General

Church and Community Facility

Turnkey Boat & RV Storage

Oakley Triplex Investment Opportunity

Duplex Income Property

Freestanding Bar-Restaurant Building

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