Two-Unit Duplex with On-Site
For Sale
$329,900
26 28 Juergens Ave, Cincinnati, OH 45220
Versatile duplex with one vacant residence, one occupied unit, generous living areas, and a spacious backyard.
Property Size2,611 SF
Price / SF$126.35
Days on Market87
Property Features for 26 28 Juergens Ave
General Information
Standard status
Active
Size
2,611 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Units
Unit Mix
1 x 5BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
on-site laundry
backyard
Building Details
Year Built
1914
Buildings
1
Tenancy
Single
Listing Agency:
eXp Realty
Listed By:
Shelley R Helton
(866) 212-4991
Source:
Cincylivingwithangela
Added: Jul 20
Changed: Sep 30
Last Checked: Oct 12 at 10:33PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This 2,611-square-foot duplex, built in 1914, contains two distinct residences with oversized family rooms and kitchen areas. The vacant unit includes five bedrooms and two full baths, while the second residence offers two bedrooms and one bath and is currently tenant occupied. Both units have large bedrooms, on-site laundry, and practical layouts suited to rental use or owner occupancy.
The property includes a spacious backyard and off-street parking for up to three vehicles. A brand-new roof, sealed gutters, and front porch roofs were completed for the new owner. Located at 26 28 Juergens Ave in Cincinnati, the duplex is within 1 mile of the University of Cincinnati and Xavier University, with access to major medical centers, downtown Cincinnati, and nearby highways.
The property includes a spacious backyard and off-street parking for up to three vehicles. A brand-new roof, sealed gutters, and front porch roofs were completed for the new owner. Located at 26 28 Juergens Ave in Cincinnati, the duplex is within 1 mile of the University of Cincinnati and Xavier University, with access to major medical centers, downtown Cincinnati, and nearby highways.
Key Highlights
- Two‑unit duplex totaling 2,611 square feet
- Vacant 5‑bedroom, 2‑full‑bath unit
- Tenant‑occupied 2‑bedroom, 1‑bath unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,877
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,540
$437.5K
Cap Rate 7%
$312,529
$312.5K
Cap Rate 9%
$243,078
$243.1K
Market Conditions
NOI Build-Up for 2,611 SF
Gross rent
$33.2K $12.72/SF
− Vacancy
−$2.0K −$0.75/SF
EGI
$31.3K $11.97/SF
− OpEx
−$9.4K −$3.59/SF
NOI
$21.9K $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%
$437,540
Cap Rate 7%
$312,529
Cap Rate 9%
$243,078
Alternative Uses
Best Use
Multifamily LT 5
$312.5K
$273.5K – $364.6K
NOI $21,877 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$277.1K
$242.5K – $323.3K
NOI $19,399 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$519.0K
$454.2K – $605.5K
NOI $36,332 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Explore this area
Business Placement
Demographics for 45220, OH
15,466
Population
7,400
Households
2.1
Avg Household Size
28
Median Age
63%
College-Educated
96%
High-School Grad
2.9 sq mi
ZIP Area
5,333
Density / Sq Mi
$51,404
Median Household Income
$26,866
Median Earnings
$954
Median Rent
$385,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Versatile duplex with one vacant residence, one occupied unit, generous living areas, and a spacious backyard.
Where is this duplex located?
The property is located at 26 28 Juergens Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,611 square feet; Vacant 5‑bedroom, 2‑full‑bath unit; Tenant‑occupied 2‑bedroom, 1‑bath unit
