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Renovated Historic Duplex

1619 Mansfield Street, Cincinnati, OH 45202

For Sale
$370,000

Residential Income, Cincinnati, OH

Property Size1,554 SF
Lot Size0.03 Acres
Price / SF$238.10
Days on Market49

Property Features for 1619 Mansfield Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features On Street, Off Street
Window features Aluminum Frames
Patio and Porch features Patio, Deck
Exterior features Patio, Deck
Fireplace 1
High school district Cincinnati City SD
Directions 71 South to exit #2 - Reading Road(42). Right on E Liberty to Mansfield
Subdivision Hamilton-E01
Standard status Active
APN 086-0002-0236-00
Size 1,554 SF
Lot size 0.03 Acres

Additional Details

Tenant in Place Yes

Utilities

Heating system Forced Air, Natural Gas

Amenities

private deck
patio walkout
fenced courtyard

Building Details

Year built 1880
Number of units 2
Building materials Brick
Roof type Membrane
Buildings 1
Listing Agency: Keller Williams Advisors · Keller Williams Realty
Listed By: Emma Berger
Added: Sep 23 Changed: Nov 6 Last Checked: Nov 10 at 6:06AM
MLS# 1894963

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.

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Investment Insights

Based on property information with market context.

This 1,554-square-foot brick duplex dates to 1880 and underwent renovation during 2022-2023. The property contains two one-bedroom units, each with one bathroom. Unit 1 includes exposed brick, a private deck, city views, and dedicated off-street parking. Unit 2 features a patio walkout leading to a fenced, brick-paved courtyard and is vacant for immediate occupancy. Improvements include updated kitchens, bathrooms, flooring, HVAC, and electrical systems, along with natural-gas forced-air heat and a membrane roof.

Located on Mansfield Street in Cincinnati’s 45202 ZIP code, the duplex is described as being steps from Over-the-Rhine and within reach of Findlay Market, restaurants, breweries, and shops. The property also offers on-street parking, a fireplace, and a compact 0.034-acre site.

Key Highlights

  • 1,554‑square‑foot duplex on a 0.034‑acre lot
  • Renovated during 2022‑2023 with updated kitchens, baths, flooring, HVAC, and electrical
  • Two 1‑bedroom, 1‑bath units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,020
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,400 $260.4K
Cap Rate 7%
$186,000 $186.0K
Cap Rate 9%
$144,667 $144.7K
Market Conditions
NOI Build-Up for 1,554 SF
Gross rent
$19.8K $12.72/SF
− Vacancy
−$1.2K −$0.75/SF
EGI
$18.6K $11.97/SF
− OpEx
−$5.6K −$3.59/SF
NOI
$13.0K $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%
$260,400
Cap Rate 7%
$186,000
Cap Rate 9%
$144,667

Alternative Uses

Best Use
Multifamily LT 5
$186.0K
$162.8K – $217.0K (±1% cap)
NOI $13,020 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$164.9K
$144.3K – $192.4K (±1% cap)
NOI $11,546 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$308.9K
$270.3K – $360.4K (±1% cap)
NOI $21,624 @ 7.0% cap · market cap 5.84%
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
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,006
Businesses Nearby

Demographics for 45202, OH

16,883
Population
11,432
Households
1.5
Avg Household Size
34
Median Age
63%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
6,253
Density / Sq Mi
$87,930
Median Household Income
$63,901
Median Earnings
$1,524
Median Rent
$444,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Cincinnati, OH

$127 Jul
$120 Aug
$117 Sep
$117 Oct

Properties on Market for Duplexes in Cincinnati

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Brick duplex with two updated units, private outdoor spaces, and off-street parking in Cincinnati.
Where is this duplex located?
The property is located at 1619 Mansfield Street Cincinnati, OH.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 1,554‑square‑foot duplex on a 0.034‑acre lot; Renovated during 2022‑2023 with updated kitchens, baths, flooring, HVAC, and electrical; Two 1‑bedroom, 1‑bath units
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