Brick Two-Family
3410 Woodburn Ave, Cincinnati, OH 45207
For Sale
$199,900
Flexible two-unit layout with one vacant residence and one month-to-month tenancy.
Property Size2,164 SF
Price / SF$92.38
Days on Market95
Property Features for 3410 Woodburn Ave
General Information
Standard status
Size
Elevators
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Opportunity Zone
Sprinkler System
Building Details
Year Built
Buildings
Stories
Tenancy
Abandoned
Listing Agency:
Cutler Real Estate
Listed By:
Morah T Lynch
(513) 236-1476
Source:
Finn-team
Added: Aug 7
Changed: Oct 25
Last Checked: Oct 7 at 3:16PM
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 Cutler Real Estate
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Investment Insights
Based on property information with market context.
Built in 1910, this brick two-family property offers separate residential spaces across three floors. The first-floor unit is vacant and includes 1 bedroom and 1 bath, providing an opportunity for occupancy or preparation for a future tenant. The upper residence occupies the second and third floors and features 4 bedrooms and 1 full bath; it is currently leased on a month-to-month basis.
Interior features include a fireplace, gas service, and window-unit cooling. The property is being sold as-is and includes shingle roofing. Located on Woodburn Avenue in Cincinnati’s Evanston community, the home is described as minutes from hospitals, universities, and downtown Cincinnati.
Interior features include a fireplace, gas service, and window-unit cooling. The property is being sold as-is and includes shingle roofing. Located on Woodburn Avenue in Cincinnati’s Evanston community, the home is described as minutes from hospitals, universities, and downtown Cincinnati.
Key Highlights
- Brick two‑family property built in 1910
- Vacant first‑floor unit with 1 bedroom and 1 bath
- Upper residence spans the second and third floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,131
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,620
$362.6K
Cap Rate 7%
$259,014
$259.0K
Cap Rate 9%
$201,456
$201.5K
Market Conditions
NOI Build-Up for 2,164 SF
Gross rent
$27.5K $12.72/SF
− Vacancy
−$1.6K −$0.75/SF
EGI
$25.9K $11.97/SF
− OpEx
−$7.8K −$3.59/SF
NOI
$18.1K $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%
$362,620
Cap Rate 7%
$259,014
Cap Rate 9%
$201,456
Alternative Uses
Best Use
Multifamily LT 5
$259.0K
$226.6K – $302.2K
NOI $18,131 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$229.7K
$201.0K – $268.0K
NOI $16,078 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$430.2K
$376.4K – $501.9K
NOI $30,112 @ 7.0% cap · market cap 15.06%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
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Business Placement
Demographics for 45207, OH
7,484
Population
3,008
Households
2.5
Avg Household Size
25
Median Age
26%
College-Educated
88%
High-School Grad
1.2 sq mi
ZIP Area
6,237
Density / Sq Mi
$48,833
Median Household Income
$21,938
Median Earnings
$990
Median Rent
$192,400
Median Home Value
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Market
Average Price Trend$/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 - Flexible two-unit layout with one vacant residence and one month-to-month tenancy.
Where is this duplex located?
The property is located at 3410 Woodburn Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Brick two‑family property built in 1910; Vacant first‑floor unit with 1 bedroom and 1 bath; Upper residence spans the second and third floors
