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11-Unit Apartment Building

3821 S Jefferson Avenue, Norwood, OH 45212

For Sale
$1,045,000

A mix of one- and two-bedroom apartments includes tenant-paid utilities and off-street parking.

Property Size13,024 SF
Price / SF$80.24
Days on Market19

Property Features for 3821 S Jefferson Avenue

General Information

Standard status Active
Size 13,024 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes
Tenant in Place Yes

Building Details

Year Built 1981
Tenancy Multi
Listing Agency: Private Real Estate Collection (513-708-7770)
Listed By: Tami Holmes · License #2005015284
Source: Tami-holmes
Added: Oct 20 Changed: Nov 6 Last Checked: Nov 6 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 Private Real Estate Collection (513-708-7770)

Rey
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Investment Insights

Based on property information with market context.

This 11-unit apartment property contains seven one-bedroom homes and four two-bedroom homes. Ten units are occupied. PTAC systems serve the apartments for heating and cooling, and the property has off-street parking. The building was constructed in 1981 and contains 13,024 square feet.

Residents have access to shopping and restaurants at Rookwood Commons & Pavilion, with I-71 also nearby. Utility expenses are paid directly by tenants, and a RUBS program is in place across all units to reimburse the owner for utilities.

Key Highlights

  • 11 apartments: 7 one‑bedroom units and 4 two‑bedroom units
  • 10 of 11 units occupied
  • 13,024 square feet; built in 1981

Property Analytics

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,191
Businesses Nearby

Demographics for 45212, OH

21,885
Population
11,027
Households
2
Avg Household Size
33
Median Age
38%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
5,915
Density / Sq Mi
$63,698
Median Household Income
$43,413
Median Earnings
$932
Median Rent
$229,400
Median Home Value

Market

Properties on Market for Apartment buildings in Hamilton County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A mix of one- and two-bedroom apartments includes tenant-paid utilities and off-street parking.
Where is this apartment building located?
The property is located at 3821 S Jefferson Avenue Norwood, OH.
What is the asking price?
The asking price for this property is $1,045,000.
What are key features of this property?
This property features: 11 apartments: 7 one‑bedroom units and 4 two‑bedroom units; 10 of 11 units occupied; 13,024 square feet; built in 1981
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