Duplex With Updated
3835 Vine St, Cincinnati, OH 45217
For Sale
$300,000
Both residences offer four-bedroom layouts, with utilities separately metered and water paid by the owner.
Property Size2,700 SF
Price / SF$111.11
Days on Market14
Property Features for 3835 Vine St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Listing Agency:
HHG Realty Services, LLC
(859) 444-0180
Listed By:
Corey Zamrik
(480) 307-7780
Source:
Exprealty
Added: Oct 27
Changed: Nov 7
Last Checked: Nov 8 at 11:07AM
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 HHG Realty Services, LLC
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Investment Insights
Based on property information with market context.
This 2,700-square-foot duplex at 3835 Vine St in Cincinnati contains two residences, each configured with four bedrooms and two bathrooms. One unit is tenant-occupied; the other has recently been renovated and is being offered for lease. Utility service is split between the units, while the owner covers water.
Key Highlights
- 2,700‑square‑foot duplex with two four‑bedroom, two‑bathroom units
- Separate utility service for each residence; owner pays water
- Recent work includes HVAC, water heaters, flooring, paint, most windows, siding, and the front door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,622
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,440
$452.4K
Cap Rate 7%
$323,171
$323.2K
Cap Rate 9%
$251,356
$251.4K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$34.3K $12.72/SF
− Vacancy
−$2.0K −$0.75/SF
EGI
$32.3K $11.97/SF
− OpEx
−$9.7K −$3.59/SF
NOI
$22.6K $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%
$452,440
Cap Rate 7%
$323,171
Cap Rate 9%
$251,356
Alternative Uses
Best Use
Multifamily LT 5
$323.2K
$282.8K – $377.0K
NOI $22,622 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$286.6K
$250.8K – $334.4K
NOI $20,061 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$536.7K
$469.6K – $626.2K
NOI $37,571 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
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Business Placement
Demographics for 45217, OH
6,177
Population
2,852
Households
2.2
Avg Household Size
39
Median Age
34%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
2,808
Density / Sq Mi
$67,974
Median Household Income
$45,789
Median Earnings
$923
Median Rent
$149,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Both residences offer four-bedroom layouts, with utilities separately metered and water paid by the owner.
Where is this duplex located?
The property is located at 3835 Vine St Cincinnati, OH.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,700‑square‑foot duplex with two four‑bedroom, two‑bathroom units; Separate utility service for each residence; owner pays water; Recent work includes HVAC, water heaters, flooring, paint, most windows, siding, and the front door
