Two-Family Duplex with
New
For Sale
$280,000
3580 Bogart Avenue, Cincinnati, OH 45229
The residence combines a four-season solarium with basement access to an outdoor patio.
Property Size3,391 SF
Price / SF$82.57
Days on Market4
Property Features for 3580 Bogart Avenue
General Information
Standard status
Active
Size
3,391 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
solarium
patio
swimming pool
Building Details
Year Built
1939
Buildings
1
Listing Agency:
Home Connections (513-212-6964)
Listed By:
Tami Holmes · License #2005015284
(937) 506-8360
Source:
Tami-holmes
Added: Oct 7
Last Checked: Oct 9 at 7:14PM
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 Home Connections (513-212-6964)
Investment Insights
Based on property information with market context.
This 1939 duplex contains 3,391 square feet and is configured as a two-family residence. A four-season solarium adds an enclosed gathering area, while the basement opens onto a patio. The property is located in Cincinnati’s Avondale neighborhood, with the Cincinnati Zoo and Xavier University nearby. Clifton, local shopping, hospitals, and access to I-71 and I-75 are also identified among the surrounding area’s amenities and connections.
Key Highlights
- Two‑family duplex with 3,391 square feet
- Built in 1939
- Four‑season solarium
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,195
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,900
$503.9K
Cap Rate 7%
$359,929
$359.9K
Cap Rate 9%
$279,944
$279.9K
Market Conditions
NOI Build-Up for 3,391 SF
Gross rent
$48.4K $14.28/SF
− Vacancy
−$2.6K −$0.77/SF
EGI
$45.8K $13.51/SF
− OpEx
−$20.6K −$6.08/SF
NOI
$25.2K $7.43/SF
Area
Cincinnati, OH
Vacancy
5.40%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,900
Cap Rate 7%
$359,929
Cap Rate 9%
$279,944
Alternative Uses
Best Use
Multifamily LT 5
$405.9K
$355.2K – $473.5K
NOI $28,412 @ 7.0% cap · market cap 10.15%
Second Best
Apartment 5plus
$359.9K
$314.9K – $419.9K
NOI $25,195 @ 7.0% cap · market cap 9.00%
Theoretical Best
Office A
$674.1K
$589.8K – $786.4K
NOI $47,186 @ 7.0% cap · market cap 16.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 45229, OH
12,540
Population
7,813
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
2.7 sq mi
ZIP Area
4,644
Density / Sq Mi
$30,829
Median Household Income
$25,772
Median Earnings
$831
Median Rent
$316,000
Median Home Value
Check the figures for this property
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 - The residence combines a four-season solarium with basement access to an outdoor patio.
Where is this duplex located?
The property is located at 3580 Bogart Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two‑family duplex with 3,391 square feet; Built in 1939; Four‑season solarium
