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17-Unit Apartment Building

2204 Jefferson Avenue, Norwood, OH 45212

For Sale
$1,785,000

All apartments are occupied, with tenant-paid, separately metered electric and a RUBS utility program.

Property SizeContact for details
Days on Market25

Property Features for 2204 Jefferson Avenue

General Information

Standard status Active
Property subtype Multi Family Home
Occupancy 100%

Units

Unit Mix 9 x 1BR, 8 x 2BR
Multifamily Units 17
Individually Metered Utilities electricity

Additional Details

Tenant in Place Yes

Amenities

balconies
off-street parking

Building Details

Year Built 1966
Units 17
Listing Agency: Keller Williams Advisors
Listed By: Andrew Kroeger
Source: Mileshometeam
Added: Oct 14 Changed: Nov 6 Last Checked: Nov 6 at 3:02PM

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 Keller Williams Advisors

Rey
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Investment Insights

Based on property information with market context.

This 17-unit apartment property, built in 1966, contains 9 one-bedroom apartments and 8 two-bedroom apartments. Building systems include boiler heat and through-the-wall air conditioning, while the roof has a rubber membrane. Balconies serve most apartments, and a rear lot provides off-street tenant parking. Electric service is separately metered and paid by residents; a RUBS program is also in place to help recover utility costs. All units are occupied.

The property is in Norwood’s Presidential District. Kroger and Central Station retail are steps away, Central Park Offices is next door, and Rookwood Commons and Pavilion are nearby. Restaurants, grocery options, shopping, and everyday services are also in the surrounding area.

Key Highlights

  • 17 units: 9 one‑bedroom and 8 two‑bedroom apartments
  • All units occupied; tenant‑paid, separately metered electric and RUBS program
  • Built in 1966 with boiler heat and through‑the‑wall AC

Property Analytics

Lease Details

17
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,191
Businesses Nearby

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

Market

Properties on Market for Apartment buildings in Hamilton County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All apartments are occupied, with tenant-paid, separately metered electric and a RUBS utility program.
Where is this apartment building located?
The property is located at 2204 Jefferson Avenue Norwood, OH.
What is the asking price?
The asking price for this property is $1,785,000.
What are key features of this property?
This property features: 17 units: 9 one‑bedroom and 8 two‑bedroom apartments; All units occupied; tenant‑paid, separately metered electric and RUBS program; Built in 1966 with boiler heat and through‑the‑wall AC
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