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Duplex with Separate Meters
New
For Sale
$155,000

2550 Riverside Drive, Cincinnati, OH 45202

Renovation work has progressed through demolition and initial framing, with separate access and utility meters for each unit.

Property Size2,124 SF
Price / SF$72.98
Days on Market4

Property Features for 2550 Riverside Drive

General Information

Standard status Active
Size 2,124 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence rehab-ready

Site & Location

Neighborhood Hyde Park

Units

Unit Mix 1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Amenities

outdoor deck
partially fenced yard

Building Details

Year Built 1894
Buildings 1
Listing Agency: Sibcy Cline, Inc. (513-248-0800)
Listed By: Tami Holmes · License #2005015284
Source: Tami-holmes
Added: Oct 28 Changed: Oct 31 Last Checked: Oct 30 at 2:38PM

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 Sibcy Cline, Inc. (513-248-0800)

Rey
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Investment Insights

Based on property information with market context.

This 2,124-square-foot duplex dates to 1894 and is configured as an upper-level 2-bedroom, 2-bathroom unit above a lower-level 1-bedroom, 1-bathroom unit. Demolition and initial framing have already been completed as part of the renovation work. Each unit has separate access and utility meters. The property also includes an outdoor deck and a partially fenced yard.

The address is 2550 Riverside Drive in Cincinnati, between Tusculum, Hyde Park, and Mt. Adams. The existing two-unit layout and separate meters are established features of the property.

Key Highlights

  • 2,124‑square‑foot duplex built in 1894
  • Upper unit has 2 bedrooms and 2 bathrooms; lower unit has 1 bedroom and 1 bathroom
  • Separate access and utility meters for each unit

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 45202, OH

16,883
Population
11,432
Households
1.5
Avg Household Size
34
Median Age
63%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
6,253
Density / Sq Mi
$87,930
Median Household Income
$63,901
Median Earnings
$1,524
Median Rent
$444,000
Median Home Value
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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 - Renovation work has progressed through demolition and initial framing, with separate access and utility meters for each unit.
Where is this duplex located?
The property is located at 2550 Riverside Drive Cincinnati, OH.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 2,124‑square‑foot duplex built in 1894; Upper unit has 2 bedrooms and 2 bathrooms; lower unit has 1 bedroom and 1 bathroom; Separate access and utility meters for each unit
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