Mt. Auburn Duplex Investment
2320 Maplewood Avenue Cincinnati, OH 45219
2320 Maplewood Avenue, Cincinnati, OH, 45219
$388,000
For Sale
$388,000
MULTI_FAMILY - Cincinnati, OH
Property Size2,587 SF
Lot Size0.11 Acres
Price / SF$149.98
Days on Market302
Property Features for 2320 Maplewood Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Window features
- Vinyl Frames
- Standard status
- Active
- APN
- 089-0002-0017-00
- Size
- 2,587 SF
- Lot size
- 0.11 Acres
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1884
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing Agency
OwnerLand Realty, Inc.
(513) 805-4040
9078 Union Center Blvd Ste 350, Cincinnati, OH
Listed by
Lei Liu
(513) 479-1324
Added: Sep 20, 2025 Checked: Jul 18 at 9:06 am
MLS# 1855877
Listing URL
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 Mt. Auburn duplex features 7 bedrooms, 3 full baths, and 3 kitchens. Centrally located, it offers convenient access to the University of Cincinnati and downtown. The property includes a newer roof and HVAC system, along with LVP flooring throughout. A partially finished walkout lower level leads to a fenced yard. The property size is 2587 square feet, situated on a 0.112-acre lot. This property presents a great investment opportunity.
Key Highlights
- 7 bedrooms/3 full baths and 3 kitchens offer excellent investment potential and flexible living arrangements.
- Centrally located in Mt. Auburn, providing convenient access to UC and downtown.
- Newer roof and HVAC systems ensure reduced maintenance and improved efficiency.
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 | $32.9k | $12.72 |
| − Vacancy | −$1.9k | −$0.75 |
| EGI | $31.0k | $11.97 |
| − OpEx | −$9.3k | −$3.59 |
| NOI | $21.7k | $8.38 |
2,587 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$309.7K
$271.0K – $361.3K
NOI $21,676 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$274.6K
$240.3K – $320.4K
NOI $19,221 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$514.3K
$450.0K – $600.0K
NOI $35,998 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Cincinnati duplex with 7 bedrooms, 3 baths, and 3 kitchens.
Where is this duplex located?
The property is located at 2320 Maplewood Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $388,000.
What are key features of this property?
This property features: 7 bedrooms/3 full baths and 3 kitchens offer excellent investment potential and flexible living arrangements.; Centrally located in Mt. Auburn, providing convenient access to UC and downtown.; Newer roof and HVAC systems ensure reduced maintenance and improved efficiency.
