Two-Unit Brick
312 Warner Street, Cincinnati, OH 45219
For Sale
$289,900
Residential Income, Cincinnati, OH
Property Size1,964 SF
Lot Size0.08 Acres
Price / SF$147.61
Days on Market53
Property Features for 312 Warner Street
General Information
Property type
Property subtype
Parking features
Window features
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Building Details
Year built
Number of units
Building materials
Roof type
Listing Agency:
RE/MAX Preferred Group · RE/MAX International
(513) 229-7774
Listed By:
Bradley Babiak · License OH #2021002473
(513) 533-4111
Added: Sep 19
Changed: Oct 24
Last Checked: Nov 10 at 6:06AM
MLS# 1891141
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.
This 1,964-square-foot brick duplex contains two residences with different layouts. The first-floor unit has one bedroom, one bathroom, and an updated kitchen. The second residence includes four bedrooms and two bathrooms. The building dates to 1910 and has a slate roof, natural gas forced-air heat, and garage and on-street parking. The 0.081-acre property is in Cincinnati, Ohio, near the University of Cincinnati.
Key Highlights
- Two residences: one‑bedroom, one‑bath first‑floor unit and four‑bedroom, two‑bath unit
- 1,964 square feet on a 0.081‑acre lot
- Updated kitchen in the first‑floor residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,456
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,120
$329.1K
Cap Rate 7%
$235,086
$235.1K
Cap Rate 9%
$182,844
$182.8K
Market Conditions
NOI Build-Up for 1,964 SF
Gross rent
$25.0K $12.72/SF
− Vacancy
−$1.5K −$0.75/SF
EGI
$23.5K $11.97/SF
− OpEx
−$7.1K −$3.59/SF
NOI
$16.5K $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%
$329,120
Cap Rate 7%
$235,086
Cap Rate 9%
$182,844
Alternative Uses
Best Use
Multifamily LT 5
$235.1K
$205.7K – $274.3K
NOI $16,456 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$208.5K
$182.4K – $243.2K
NOI $14,592 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$390.4K
$341.6K – $455.5K
NOI $27,329 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,264
Businesses Nearby
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Business Placement
Demographics for 45219, OH
20,644
Population
8,023
Households
2.6
Avg Household Size
25
Median Age
50%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
12,903
Density / Sq Mi
$35,936
Median Household Income
$12,462
Median Earnings
$1,166
Median Rent
$222,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Cincinnati, OH
Properties on Market for Duplexes in Cincinnati
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The property offers separate one- and four-bedroom residences, with off-street parking for three vehicles.
Where is this duplex located?
The property is located at 312 Warner Street Cincinnati, OH.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two residences: one‑bedroom, one‑bath first‑floor unit and four‑bedroom, two‑bath unit; 1,964 square feet on a 0.081‑acre lot; Updated kitchen in the first‑floor residence
