Two-Unit Brick
For Sale
$289,900
312 Warner Street, Cincinnati, OH 45219
Residential Income, Cincinnati, OH
Property Size1,964 SF
Lot Size0.08 Acres
Price / SF$147.61
Days on Market18
Property Features for 312 Warner Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage, On Street
Window features
Vinyl Frames
High school district
Cincinnati City SD
Directions
.
Subdivision
Hamilton-E01
Standard status
Active
APN
1000001009900
Size
1,964 SF
Lot size
0.08 Acres
Utilities
Heating system
Natural Gas, Forced Air
Building Details
Year built
1910
Number of units
2
Building materials
Brick
Roof type
Slate
Listing Agency:
RE/MAX Preferred Group · RE/MAX International
(513) 229-7774
Listed By:
Bradley Babiak · License #2021002473
(513) 533-4111
Added: Sep 19
Changed: Sep 30
Last Checked: Oct 6 at 5:06AM
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.
Investment Insights
Based on property information with market context.
This 1,964-square-foot duplex in Cincinnati’s Clifton area contains two separate residences. The first-floor unit offers 1 bedroom and 1 bath with an updated kitchen, while the second unit includes 4 bedrooms and 2 baths. The property was built in 1910 with brick construction and a slate roof.
Parking includes space for 3 vehicles off street, along with garage and on-street parking features. Forced-air heating powered by natural gas serves the property. The address is near the University of Cincinnati, placing the duplex within the Clifton area and its surrounding campus environment.
Parking includes space for 3 vehicles off street, along with garage and on-street parking features. Forced-air heating powered by natural gas serves the property. The address is near the University of Cincinnati, placing the duplex within the Clifton area and its surrounding campus environment.
Key Highlights
- Two‑unit duplex totaling 1,964 square feet
- Unit 1: 1 bedroom, 1 bath, first‑floor location, and updated kitchen
- Unit 2: 4 bedrooms and 2 baths
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.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,264
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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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 - Clifton duplex with distinct one-bedroom and four-bedroom units, off-street parking, and an updated first-floor kitchen.
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‑unit duplex totaling 1,964 square feet; Unit 1: 1 bedroom, 1 bath, first‑floor location, and updated kitchen; Unit 2: 4 bedrooms and 2 baths
