Updated Duplex with Two-Car
For Sale
$269,900
1802 Lawn Ave, Cincinnati, OH 45237
Two private entrances and washer/dryer hookups support separate access for each residence.
Property Size2,032 SF
Price / SF$132.82
Days on Market52
Property Features for 1802 Lawn Ave
General Information
Standard status
Active
Size
2,032 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
private entrances
washer/dryer hookups
Building Details
Year Built
1927
Buildings
1
Listing Agency:
Huff Realty
Listed By:
Cindy Bruner
(513) 708-6642
Source:
Finn-team
Added: Aug 16
Changed: Sep 15
Last Checked: Oct 5 at 10:08PM
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 Huff Realty
Investment Insights
Based on property information with market context.
This updated duplex contains two residential units within a 2,032-square-foot property. Each residence has a private entrance, while washer/dryer hookups add practical household functionality. A two-car garage provides enclosed parking and storage for the property.
The home is located within minutes of downtown Cincinnati, local universities, and major hospitals. Its two-family configuration, separate entrances, and existing garage create a straightforward setup for residential occupancy or rental use.
The home is located within minutes of downtown Cincinnati, local universities, and major hospitals. Its two-family configuration, separate entrances, and existing garage create a straightforward setup for residential occupancy or rental use.
Key Highlights
- Two‑family property totaling 2,032 square feet
- Private entrance for each residence
- Washer/dryer hookups included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,025
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,500
$340.5K
Cap Rate 7%
$243,214
$243.2K
Cap Rate 9%
$189,167
$189.2K
Market Conditions
NOI Build-Up for 2,032 SF
Gross rent
$25.8K $12.72/SF
− Vacancy
−$1.5K −$0.75/SF
EGI
$24.3K $11.97/SF
− OpEx
−$7.3K −$3.59/SF
NOI
$17.0K $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%
$340,500
Cap Rate 7%
$243,214
Cap Rate 9%
$189,167
Alternative Uses
Best Use
Multifamily LT 5
$243.2K
$212.8K – $283.8K
NOI $17,025 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$215.7K
$188.7K – $251.6K
NOI $15,098 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$403.9K
$353.4K – $471.3K
NOI $28,275 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
Explore this area
Business Placement
Demographics for 45237, OH
21,029
Population
10,976
Households
1.9
Avg Household Size
41
Median Age
29%
College-Educated
88%
High-School Grad
6.1 sq mi
ZIP Area
3,447
Density / Sq Mi
$43,598
Median Household Income
$34,276
Median Earnings
$863
Median Rent
$158,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 private entrances and washer/dryer hookups support separate access for each residence.
Where is this duplex located?
The property is located at 1802 Lawn Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Two‑family property totaling 2,032 square feet; Private entrance for each residence; Washer/dryer hookups included
