Duplex on
New
For Sale
$539,900
2440 Moler Road, Goshen, OH 45122
Residential Income, Goshen, OH
Property Size3,240 SF
Lot Size5.93 Acres
Price / SF$166.64
Days on Market3
Property Features for 2440 Moler Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
Window features
Vinyl Frames
Patio and Porch features
Porch, Patio
Interior features
220 Volt
Exterior features
Patio, Enclosed Porch
Fireplace
1
High school district
Goshen Local SD
Directions
275 to ST RT 28 E. To Rt on Woodville to right on Manila to Lf on Moler. Property on the left. Or St Rt 131 to Manila to Rt on Moler.
Subdivision
Clermont-C02
Standard status
Active
APN
112211B039
Size
3,240 SF
Lot size
5.93 Acres
Utilities
Heating system
Forced Air, Natural Gas
Amenities
covered and enclosed porch with gas fireplace
paver patio
Building Details
Year built
1997
Number of units
2
Building materials
Brick, Vinyl Siding
Roof type
Shingle
Listing Agency:
Plum Tree Realty
(513) 443-5060
Listed By:
Robert Marlowe
(513) 378-4663
Added: Oct 21
Last Checked: Oct 23 at 1:06PM
MLS# 1898016
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.
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Investment Insights
Based on property information with market context.
Built in 1997, this ranch-style duplex contains two units, each with 2 bedrooms and 1 full bath. The units have individual HVAC systems, water heaters, and washer/dryers. A 43-foot covered, enclosed porch with a gas fireplace connects to a paver patio. The home has brick and vinyl siding and is being sold as-is through an estate/trust sale.
The property encompasses 5.925 acres. A concrete pad with water service is in place for a future outbuilding, and a new water line has been installed to the home.
The property encompasses 5.925 acres. A concrete pad with water service is in place for a future outbuilding, and a new water line has been installed to the home.
Key Highlights
- Two duplex units, each with 2 bedrooms and 1 full bath
- 5.925 acres
- 43‑foot covered, enclosed porch with gas fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,996
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,920
$699.9K
Cap Rate 7%
$499,943
$499.9K
Cap Rate 9%
$388,844
$388.8K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$52.5K $16.20/SF
− Vacancy
−$2.5K −$0.77/SF
EGI
$50.0K $15.43/SF
− OpEx
−$15.0K −$4.63/SF
NOI
$35.0K $10.80/SF
Area
Clermont County, OH
Vacancy
4.75%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,920
Cap Rate 7%
$499,943
Cap Rate 9%
$388,844
Alternative Uses
Best Use
Multifamily LT 5
$499.9K
$437.5K – $583.3K
NOI $34,996 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$435.3K
$380.9K – $507.9K
NOI $30,472 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$580.9K
$508.3K – $677.7K
NOI $40,661 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
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Business Placement
Demographics for 45122, OH
10,757
Population
4,603
Households
2.3
Avg Household Size
42
Median Age
14%
College-Educated
88%
High-School Grad
42.2 sq mi
ZIP Area
255
Density / Sq Mi
$85,750
Median Household Income
$43,797
Median Earnings
$1,186
Median Rent
$210,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two units have separate HVAC, water heaters, and laundry, with a shared enclosed porch and patio.
Where is this duplex located?
The property is located at 2440 Moler Road Goshen, OH.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Two duplex units, each with 2 bedrooms and 1 full bath; 5.925 acres; 43‑foot covered, enclosed porch with gas fireplace
