Two-Unit Residential
New
For Sale
$209,900
220 N Vine Street, Harrison, OH 45030
Residential Income, Harrison, OH
Property Size1,986 SF
Lot Size0.10 Acres
Price / SF$105.69
Days on Market6
Property Features for 220 N Vine Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
High school district
Southwest Local SD
Directions
Harrison Ave to N on Vine St. Property on right.
Subdivision
Hamilton-W12
Standard status
Active
APN
561-0001-0117-00
Size
1,986 SF
Lot size
0.10 Acres
Utilities
Heating system
Forced Air, Natural Gas
Building Details
Year built
1890
Number of units
2
Building materials
Aluminum Siding
Roof type
Shingle
Listing Agency:
RE/MAX Victory + Affiliates · RE/MAX International
(513) 813-4098
Listed By:
James Mike Martin · License #2003007029
(937) 626-7002
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 10 at 2:06AM
MLS# 1896564
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.
Investment Insights
Based on property information with market context.
This 1,986-square-foot duplex contains a three-bedroom, one-bathroom apartment and a two-bedroom, one-bathroom apartment. The three-bedroom unit received a full renovation in 2020, including replacement windows and roof updates. Each unit has a separate furnace and electric service; the property also has window-unit air conditioning and a partial basement. The building dates to 1890 and has aluminum siding with a shingle roof.
The two-bedroom apartment is leased through April 30, 2027. The three-bedroom unit is occupied month to month. Water, sewer, and trash are billed together through the city, with the owner responsible for those services. Parking is on the street. The property occupies a 0.095-acre lot in downtown Harrison, within walking distance of restaurants, shops, community events, and the DORA district.
The two-bedroom apartment is leased through April 30, 2027. The three-bedroom unit is occupied month to month. Water, sewer, and trash are billed together through the city, with the owner responsible for those services. Parking is on the street. The property occupies a 0.095-acre lot in downtown Harrison, within walking distance of restaurants, shops, community events, and the DORA district.
Key Highlights
- Two apartments: one with 3 bedrooms and 1 bathroom; the other with 2 bedrooms and 1 bathroom
- 1,986 square feet on a 0.095‑acre lot
- Three‑bedroom apartment renovated in 2020 with new windows and roof updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,738
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,760
$374.8K
Cap Rate 7%
$267,686
$267.7K
Cap Rate 9%
$208,200
$208.2K
Market Conditions
NOI Build-Up for 1,986 SF
Gross rent
$28.4K $14.28/SF
− Vacancy
−$1.6K −$0.80/SF
EGI
$26.8K $13.48/SF
− OpEx
−$8.0K −$4.04/SF
NOI
$18.7K $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%
$374,760
Cap Rate 7%
$267,686
Cap Rate 9%
$208,200
Alternative Uses
Best Use
Multifamily LT 5
$267.7K
$234.2K – $312.3K
NOI $18,738 @ 7.0% cap · market cap 8.93%
Second Best
Apartment 5plus
$244.9K
$214.3K – $285.8K
NOI $17,145 @ 7.0% cap · market cap 8.17%
Theoretical Best
Office A
$356.1K
$311.6K – $415.4K
NOI $24,924 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
Explore this area
Business Placement
Demographics for 45030, OH
21,234
Population
8,756
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
94%
High-School Grad
40.1 sq mi
ZIP Area
530
Density / Sq Mi
$97,228
Median Household Income
$50,146
Median Earnings
$1,101
Median Rent
$234,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - One apartment was renovated in 2020, while the second is leased through April 30, 2027.
Where is this duplex located?
The property is located at 220 N Vine Street Harrison, 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 apartments: one with 3 bedrooms and 1 bathroom; the other with 2 bedrooms and 1 bathroom; 1,986 square feet on a 0.095‑acre lot; Three‑bedroom apartment renovated in 2020 with new windows and roof updates
