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    Two-Family Ranch with Separate Utilities Title is generated by Realmo AI

    1843 Northcutt Avenue, Cincinnati, OH 45237

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    Claim this Listing
    For Sale
    $209,900

    MULTI_FAMILY - Cincinnati, OH

    Property size:
    1,680 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $124/SF
    Added:
    Jun 23, 2026
    Days on Market:
    16
    Last Refresh:
    Jul 8 at 5:06 pm

    Property Features for 1843 Northcutt Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street, Off Street, Driveway
    Patio and Porch features
    Porch
    Exterior features
    Porch, Yard Lights
    Standard status
    Active
    APN
    119-0001-0132-00
    Size
    1,680 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1927
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Membrane

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    Kyria Graves
    Kyria Graves

    Listing agent Kyria Graves

    Listing office RE/MAX Preferred Group 9313 S Mason Montgomery Rd., West Chester, OH

    Listing date Jun 23, 2026

    MLS# 1884266 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

    • Two‑family ranch home with two separate one‑bedroom units, each with a private entrance and porch
    • Lower level provides an additional bedroom option for one unit; both units include separate layouts
    • Separate utilities for each unit
    • Month‑to‑month long‑term tenants in place
    • Off‑street and on‑street parking with a long driveway
    • Built in 1927 with vinyl siding and a membrane roof; forced‑air heating

    Overview

    This ranch-style two-family home includes two separate living units, each with its own private entrance and porch. Both units are one-bedroom layouts, with one unit using the lower level as an additional bedroom. Separate utilities are in place, which can simplify day-to-day management compared with shared systems. The property is currently occupied by long-term tenants on month-to-month terms.

    The home is located at 1843 Northcutt Avenue in Cincinnati, OH 45237 (Hamilton County). A long driveway provides off-street parking for multiple vehicles. The property sits right on the bus line, offering convenient public-transit access. The lot measures 0.134 acres, and the total property size is 1,680 square feet.

    For buyers, this configuration can support multiple ownership strategies, including living in one unit while renting the other. The separate entrances and utilities help preserve tenant independence, while the off-street parking and bus-line access are practical considerations for prospective tenants. Month-to-month occupancy may also be attractive to an owner looking for flexibility in future plans.

    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 $21.4k $12.72
    − Vacancy −$1.3k −$0.75
    EGI $20.1k $11.97
    − OpEx −$6.0k −$3.59
    NOI $14.1k $8.38
    1,680 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $201.1K
    $176.0K – $234.6K (±1% cap)
    NOI $14,076 @ 7.0% cap · market cap 6.71%
    Second Best
    Apartment 5plus
    $178.3K
    $156.0K – $208.0K (±1% cap)
    NOI $12,482 @ 7.0% cap · market cap 5.95%
    Theoretical Best
    Office A
    $334.0K
    $292.2K – $389.6K (±1% cap)
    NOI $23,377 @ 7.0% cap · market cap 11.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Dental Office (Bike/Boat/Book/etc) Store Acupuncture Food Market Grocery & Convenience Store Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.463156
    Latitude
    39.173612

    FAQs

    What type of property is this?
    Duplex - Ranch duplex with private entrances, separate utilities, and off-street parking along a bus line.
    Where is this duplex located?
    The property is located at 1843 Northcutt Avenue Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $209,900.
    What are key features of this property?
    This property features: Two‑family ranch home with two separate one‑bedroom units, each with a private entrance and porch; Lower level provides an additional bedroom option for one unit; both units include separate layouts; Separate utilities for each unit
    More about this property
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