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Renovated Duplex
For Sale
$294,900

2149 W Clifton Ave, Cincinnati, OH 45219

Two one-bedroom apartments offer updated interiors, in-unit laundry, private outdoor space, and off-street parking.

Property Size1,344 SF
Price / SF$219.42
Days on Market41

Property Features for 2149 W Clifton Ave

General Information

Standard status Active
Size 1,344 SF
Property subtype Residential Income

Additional Details

Highway Access Yes

Amenities

high ceilings
abundant natural light
closet space
in-unit laundry
updated kitchens
stainless steel appliances
open shelving
renovated bathrooms
private outdoor space

Building Details

Year Renovated 2023
Tenancy Multi
Listing Agency: eXp Realty
Listed By: Andrew Maloney
Source: Exprealty
Added: Jun 26 Changed: Aug 3 Last Checked: Aug 3 at 3:33AM

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 eXp Realty

Investment Insights

Based on property information with market context.

This duplex at 2149 W Clifton Ave includes two 1-bedroom, 1-bath apartments totaling 1,344 square feet. Each unit features high ceilings, strong natural light, generous closet space, and in-unit laundry. Interior improvements include updated kitchens with stainless steel appliances and open shelving, along with renovated bathrooms. The property also provides private outdoor space and off-street parking.

Major work completed in 2023 included the roof, HVAC systems, flooring, appliances, and interior renovations. The property is located minutes from the University of Cincinnati, area hospitals, OTR, and major highways, placing it within convenient reach of Clifton-area destinations and transportation routes.

Key Highlights

  • Two 1‑bedroom, 1‑bath units totaling 1,344 square feet
  • 2023 updates include roof, HVAC, flooring, appliances, and interior renovations
  • Updated kitchens with stainless steel appliances and open shelving

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 $17.1k $12.72
− Vacancy −$1.0k −$0.75
EGI $16.1k $11.97
− OpEx −$4.8k −$3.59
NOI $11.3k $8.38
1,344 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$160.9K
$140.8K – $187.7K (±1% cap)
NOI $11,261 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$142.7K
$124.8K – $166.4K (±1% cap)
NOI $9,986 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$267.2K
$233.8K – $311.7K (±1% cap)
NOI $18,702 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Carpet & Flooring Store Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Locksmith Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,434
Businesses Nearby

Demographics for 45219, OH

20,644
Population
8,023
Households
2.6
Avg Household Size
25
Median Age
50%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
12,903
Density / Sq Mi
$35,936
Median Household Income
$12,462
Median Earnings
$1,166
Median Rent
$222,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom apartments offer updated interiors, in-unit laundry, private outdoor space, and off-street parking.
Where is this duplex located?
The property is located at 2149 W Clifton Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bath units totaling 1,344 square feet; 2023 updates include roof, HVAC, flooring, appliances, and interior renovations; Updated kitchens with stainless steel appliances and open shelving
More about this property
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