217 N Miami Avenue, Cleves, OH 45002
MULTI_FAMILY - Cleves, OH
- Added:
- Jun 23, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 28 at 3:06 am
Property Features for 217 N Miami Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, On Street
- Window features
- Vinyl Frames
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- APN
- 572-0004-0084-00
- Size
- 2,072 SF
- Lot size
- 0.22 Acres
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 1930
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Diane Serraino (866) 212-4991
Listing office eXp Realty 300 E Business Way, Suite 200, Dublin, OH (866) 212-4991
Listing date Jun 23, 2026
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 home built in 1930 with separate entrances for each unit
- Each unit offers 2 bedrooms and its own separate electrical panel
- Extensive updates include new kitchens, updated bathrooms, new LVP flooring, fresh paint, and new fixtures
- Each unit has its own new furnace and central air unit (natural gas; forced‑air heating)
- Covered front porch plus detached 2‑car garage and additional basement storage
- New roof to be installed prior to closing
Overview
The first-floor unit includes in-unit laundry, while the second-floor unit has access to laundry facilities in the basement. Additional amenities include a spacious covered front porch, a detached 2-car garage, and basement storage for added convenience.
With extensive interior updates and a new roof scheduled to be installed prior to closing, the property is positioned as move-in ready for both owner-occupants and investors. The duplex layout also provides a practical option for living in one unit while renting the other, with separate utility infrastructure supporting tenant autonomy.
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 | $29.6k | $14.28 |
| − Vacancy | −$1.7k | −$0.80 |
| EGI | $27.9k | $13.48 |
| − OpEx | −$8.4k | −$4.04 |
| NOI | $19.5k | $9.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cleves
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.749374
- Latitude
- 39.164797
