Updated Two-Family
For Sale
$259,900
1802 Lawn Avenue, Cincinnati, OH 45237
Residential Income, Cincinnati, OH
Property Size2,032 SF
Lot Size0.09 Acres
Price / SF$127.90
Days on Market69
Property Features for 1802 Lawn Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Window features
Aluminum Frames
Fireplace
1
High school district
Cincinnati City SD
Directions
Lawn Ave is a one-way street turn off Section Road/Rhode Island
Subdivision
Hamilton-E02
Standard status
Active
APN
131-0007-0303-00
Size
2,032 SF
Lot size
0.09 Acres
Utilities
Heating system
Forced Air
Amenities
private entrances
washer/dryer hookups
Building Details
Year built
1927
Number of units
2
Building materials
Aluminum Siding, Brick
Roof type
Shingle
Listing Agency:
Huff Realty
(513) 644-4833
Listed By:
Cindy Bruner
(513) 792-3004
Added: Aug 12
Changed: Oct 14
Last Checked: Oct 19 at 8:06AM
MLS# 1890205
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 two-family duplex contains 2,032 square feet and was built in 1927. The property includes separate entrances for each residence, washer and dryer hookups, a two-car garage, forced-air heating, and a fireplace. Exterior construction combines aluminum siding and brick beneath a shingle roof.
The 0.09-acre property is located in Cincinnati, near downtown, local universities, and major hospitals. On-street parking is also identified among the property’s parking features. Its two-unit layout and separate access points support owner-occupancy or rental use, as described for the property.
The 0.09-acre property is located in Cincinnati, near downtown, local universities, and major hospitals. On-street parking is also identified among the property’s parking features. Its two-unit layout and separate access points support owner-occupancy or rental use, as described for the property.
Key Highlights
- Two‑family duplex with 2,032 square feet
- 0.09‑acre property in Cincinnati near downtown, universities, and major hospitals
- Separate entrances for the two residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,025
Cap Rate
6.55%
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 6.55%
Second Best
Apartment 5plus
$215.7K
$188.7K – $251.6K
NOI $15,098 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$403.9K
$353.4K – $471.3K
NOI $28,275 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence with separate entrances, laundry hookups, and garage storage.
Where is this duplex located?
The property is located at 1802 Lawn Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two‑family duplex with 2,032 square feet; 0.09‑acre property in Cincinnati near downtown, universities, and major hospitals; Separate entrances for the two residences
