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    Norwood Duplex with Two Units Title is generated by Realmo AI

    1827 Tilden Avenue, Norwood, OH 45212

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    Claim this Listing
    For Sale
    $225,000

    MULTI_FAMILY - Norwood, OH

    Property size:
    1,520 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $148/SF
    Added:
    Jun 29, 2026
    Days on Market:
    9
    Last Refresh:
    Jul 7 at 7:06 am

    Property Features for 1827 Tilden Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway
    Window features
    Vinyl Frames
    Exterior features
    Balcony
    Standard status
    Active
    APN
    651-0048-0064-00
    Size
    1,520 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air

    Building Details

    Year built
    1906
    Number of units
    2
    Building materials
    Wood Siding
    Roof type
    Shingle

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    Denise Taylor
    Denise Taylor

    Listing agent Denise Taylor

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

    Listing date Jun 29, 2026

    MLS# 1884867 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

    • Duplex built in 1906 with one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit
    • Updated kitchens and baths with hardwood and laminate flooring in both units
    • One‑car built‑in garage plus driveway parking
    • Unfinished basement with designated storage and shared washer/dryer
    • Large covered second‑floor balcony and wood siding exterior
    • Natural gas forced‑air heating and shingle roof

    Overview

    This well-maintained duplex includes two separate residential units. One unit is a spacious 2-bedroom, 1-bath layout, and the other is a 1-bedroom, 1-bath unit. Both feature updated finishes and bright living spaces, with hardwood and laminate flooring noted throughout, along with refreshed kitchens and baths.

    A one-car built-in garage adds convenient off-street parking. The property also includes an unfinished basement with designated storage and a shared washer and dryer. The second-floor living space extends to a large covered balcony.

    The configuration supports an owner-occupant who can live in one unit while renting the other, or a buyer looking to manage both units as a residential income property. With shared laundry, updated interior finishes, and functional storage, the duplex is built for everyday liveability while keeping operations straightforward for an owner or operator.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $21.7k $14.28
    − Vacancy −$1.2k −$0.80
    EGI $20.5k $13.48
    − OpEx −$6.1k −$4.04
    NOI $14.3k $9.44
    1,520 SF · lease $14.28/SF/yr · vacancy 5.61% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $204.9K
    $179.3K – $239.0K (±1% cap)
    NOI $14,342 @ 7.0% cap · market cap 6.37%
    Second Best
    Apartment 5plus
    $187.5K
    $164.0K – $218.7K (±1% cap)
    NOI $13,122 @ 7.0% cap · market cap 5.83%
    Theoretical Best
    Office A
    $272.5K
    $238.4K – $317.9K (±1% cap)
    NOI $19,075 @ 7.0% cap · market cap 8.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Norwood
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.464204
    Latitude
    39.161695

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex offering two rental-ready layouts with shared laundry and a built-in one-car garage.
    Where is this duplex located?
    The property is located at 1827 Tilden Avenue Norwood, OH.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Duplex built in 1906 with one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit; Updated kitchens and baths with hardwood and laminate flooring in both units; One‑car built‑in garage plus driveway parking
    More about this property
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