Duplex with Detached
1945 Hudson Avenue, Norwood, OH 45212
For Sale
$300,000
Residential Income, Norwood, OH
Property Size2,454 SF
Lot Size0.17 Acres
Price / SF$122.25
Days on Market12
Property Features for 1945 Hudson Avenue
General Information
Property type
Property subtype
Parking features
Window features
Patio and Porch features
Exterior features
Fireplace
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Amenities
front porch
shared yard
Building Details
Year built
Number of units
Building materials
Roof type
Listing Agency:
eXp Realty
(216) 242-2322
Listed By:
Tabatha Hamilton
(866) 212-4991
Added: Oct 30
Changed: Nov 10
Last Checked: Nov 10 at 6:06AM
MLS# 1898968
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 1921 brick duplex contains 2,454 square feet across two vacant units. The first-floor residence is ready for occupancy and has a functional kitchen. The second-floor unit needs fresh paint and ceiling repair. Four additional rooms and plumbing access occupy the third level, which requires work. The property also includes a front porch, balcony, fireplace, detached two-car garage, driveway parking, and a shared yard on a 0.173-acre lot.
The building is at 1945 Hudson Avenue in Norwood, Ohio, with Xavier University within walking distance. Rookwood Commons & Pavilion and I-71 are also accessible from the property.
The building is at 1945 Hudson Avenue in Norwood, Ohio, with Xavier University within walking distance. Rookwood Commons & Pavilion and I-71 are also accessible from the property.
Key Highlights
- 2,454‑square‑foot brick duplex built in 1921
- Two vacant units; first‑floor residence is move‑in ready
- Third level has four rooms and plumbing access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,154
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,080
$463.1K
Cap Rate 7%
$330,771
$330.8K
Cap Rate 9%
$257,267
$257.3K
Market Conditions
NOI Build-Up for 2,454 SF
Gross rent
$35.0K $14.28/SF
− Vacancy
−$2.0K −$0.80/SF
EGI
$33.1K $13.48/SF
− OpEx
−$9.9K −$4.04/SF
NOI
$23.2K $9.44/SF
Area
Hamilton County, OH
Vacancy
5.61%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,080
Cap Rate 7%
$330,771
Cap Rate 9%
$257,267
Alternative Uses
Best Use
Multifamily LT 5
$330.8K
$289.4K – $385.9K
NOI $23,154 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$302.6K
$264.8K – $353.1K
NOI $21,185 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$440.0K
$385.0K – $513.3K
NOI $30,797 @ 7.0% cap · market cap 10.27%
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
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
Explore this area
Business Placement
Demographics for 45212, OH
21,885
Population
11,027
Households
2
Avg Household Size
33
Median Age
38%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
5,915
Density / Sq Mi
$63,698
Median Household Income
$43,413
Median Earnings
$932
Median Rent
$229,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Hamilton County, OH
Properties on Market for Duplexes in Hamilton County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two vacant residences include a move-in-ready first-floor unit and a second-floor unit requiring repairs.
Where is this duplex located?
The property is located at 1945 Hudson Avenue Norwood, OH.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,454‑square‑foot brick duplex built in 1921; Two vacant units; first‑floor residence is move‑in ready; Third level has four rooms and plumbing access
