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Duplex with Two Private Units
For Sale
$529,900

2440 Moler Road, Goshen, OH 45122

Residential Income, Goshen Twp, OH

Property Size3,240 SF
Lot Size5.93 Acres
Price / SF$163.55
Days on Market15

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 Patio, Porch
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

washer/dryer
covered and enclosed porch
gas fireplace
paver patio

Building Details

Year built 1997
Number of units 2
Building materials Brick, Vinyl Siding
Roof type Shingle
Buildings 1
Listing Agency: Plum Tree Realty
Listed By: Robert Marlowe · License #449049
Added: Oct 21 Changed: Nov 4 Last Checked: Nov 4 at 3:06PM
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 3,240-square-foot brick and vinyl-sided ranch is configured as a duplex with two private 1,600-square-foot living units. Each unit has two bedrooms, one full bathroom, a kitchen, separate HVAC, a water heater, and washer and dryer. One bathroom includes a tub and walk-in shower. The units share a 43-foot enclosed, covered porch with a gas fireplace, plus a paver patio. 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 in Goshen Township, Ohio. It is being sold as-is through an estate or trust sale.

Key Highlights

  • Duplex configuration with two private 1,600‑square‑foot units
  • 5.925‑acre property in Goshen Township, Ohio
  • Each unit includes 2 bedrooms, 1 full bath, kitchen, separate HVAC, water heater, and washer and dryer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,996
Cap Rate
6.60%
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 (±1% cap)
NOI $34,996 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$435.3K
$380.9K – $507.9K (±1% cap)
NOI $30,472 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$580.9K
$508.3K – $677.7K (±1% cap)
NOI $40,661 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Duplex - A ranch-style residence pairs independent household systems with a shared enclosed porch and patio on a 5.925-acre parcel.
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 $529,900.
What are key features of this property?
This property features: Duplex configuration with two private 1,600‑square‑foot units; 5.925‑acre property in Goshen Township, Ohio; Each unit includes 2 bedrooms, 1 full bath, kitchen, separate HVAC, water heater, and washer and dryer
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