Renovated Duplex with Separate
For Sale
$429,900
2319 Chickasaw St, Cincinnati, OH 45219
Two independently leased units offer distinct bedroom layouts, updated plumbing, and laundry in each residence.
Property Size2,214 SF
Price / SF$194.17
Days on Market21
Property Features for 2319 Chickasaw St
General Information
Standard status
Active
Size
2,214 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Cuf
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
separate laundry
decorative fireplaces
dishwashers
refrigerators
stoves
Building Details
Tenancy
Multi
Listing Agency:
Reinvest Consultants, LLC
(513) 227-2331
Listed By:
Kyle A Woodland
(513) 240-9862
Source:
Exprealty
Added: Oct 7
Changed: Oct 27
Last Checked: Oct 27 at 4:08AM
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 Reinvest Consultants, LLC
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Investment Insights
Based on property information with market context.
This renovated duplex contains 2,214 square feet across two separately leased units, with a total of 6 bedrooms and 3 full bathrooms. The first-floor unit has 2 bedrooms and 1 bathroom; the upper unit has 4 bedrooms and 2 bathrooms. Each has its own laundry. Work completed within the last year included plumbing updates and refreshed interior finishes. Vinyl double-pane windows, two decorative fireplaces, gas forced-air heat, and a gas water heater are among the building features. The unfinished basement provides additional space. Dishwashers, refrigerators, and stoves are included.
The property is near UC and Clifton. It has public water and sewer. Tenants pay electricity, while the owner covers heat and assesses an additional heat charge to tenants.
The property is near UC and Clifton. It has public water and sewer. Tenants pay electricity, while the owner covers heat and assesses an additional heat charge to tenants.
Key Highlights
- 2,214‑square‑foot duplex with 6 bedrooms and 3 full bathrooms
- Two separately leased units: a 2‑bedroom, 1‑bath first floor and a 4‑bedroom, 2‑bath upper floor
- Laundry provided in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,550
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,000
$371.0K
Cap Rate 7%
$265,000
$265.0K
Cap Rate 9%
$206,111
$206.1K
Market Conditions
NOI Build-Up for 2,214 SF
Gross rent
$28.2K $12.72/SF
− Vacancy
−$1.7K −$0.75/SF
EGI
$26.5K $11.97/SF
− OpEx
−$8.0K −$3.59/SF
NOI
$18.6K $8.38/SF
Area
Cincinnati, OH
Vacancy
5.90%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,000
Cap Rate 7%
$265,000
Cap Rate 9%
$206,111
Alternative Uses
Best Use
Multifamily LT 5
$265.0K
$231.9K – $309.2K
NOI $18,550 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$235.0K
$205.6K – $274.2K
NOI $16,450 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$440.1K
$385.1K – $513.5K
NOI $30,808 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,264
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two independently leased units offer distinct bedroom layouts, updated plumbing, and laundry in each residence.
Where is this duplex located?
The property is located at 2319 Chickasaw St Cincinnati, OH.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 2,214‑square‑foot duplex with 6 bedrooms and 3 full bathrooms; Two separately leased units: a 2‑bedroom, 1‑bath first floor and a 4‑bedroom, 2‑bath upper floor; Laundry provided in each unit
