Building Details

Year built 1945

Number of units 2

Building materials Brick

Roof type Shingle

Listing Agency: eXp Realty o***@exprealty.net Show Phone

Listed By: Monika Deroussel Show Phone

Added: Jun 26 Changed: Sep 30 Last Checked: Oct 23 at 8:06AM

Report an Issue

MLS# 1883011

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.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This renovated duplex at 3851 Superior Avenue provides 2,146 square feet of residential income property on a 0.131-acre lot. The building dates to 1945 and features brick construction, a shingle roof, forced-air heating, and assigned parking.

The property is located in Silverton, Ohio, within Hamilton County. Its configuration as a duplex offers two residential units within a single renovated building.

Key Highlights

• Renovated duplex with 2,146 square feet
• 0.131‑acre lot at 3851 Superior Avenue
• Brick construction with a shingle roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,248

Cap Rate

4.50%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$404,960 $405.0K

Cap Rate 7%

$289,257 $289.3K

Cap Rate 9%

$224,978 $225.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,146 SF

Gross rent

$30.6K $14.28/SF

− Vacancy

−$1.7K −$0.80/SF

EGI

$28.9K $13.48/SF

− OpEx

−$8.7K −$4.04/SF

NOI

$20.2K $9.44/SF

Area

Hamilton County, OH

Vacancy

5.61%

Lease Rate

$14.28 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$404,960

Cap Rate 7%

$289,257

Cap Rate 9%

$224,978

Alternative Uses

Best Use

Multifamily LT 5

$289.3K

$253.1K – $337.5K (±1% cap)

NOI $20,248 @ 7.0% cap · market cap 4.50%

Second Best

Apartment 5plus

$264.7K

$231.6K – $308.8K (±1% cap)

NOI $18,526 @ 7.0% cap · market cap 4.12%

Theoretical Best

Office A

$384.7K

$336.6K – $448.9K (±1% cap)

NOI $26,931 @ 7.0% cap · market cap 5.98%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

466

Businesses Nearby

Explore this area Business Placement

Demographics for 45236, OH

24,223

Population

12,385

Households

2

Avg Household Size

41

Median Age

51%

College-Educated

95%

High-School Grad

6.9 sq mi

ZIP Area

3,511

Density / Sq Mi

$81,990

Median Household Income

$49,188

Median Earnings

$1,155

Median Rent

$218,900

Median Home Value

Market

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?

Duplex - Brick construction includes forced-air heating and assigned parking.

Where is this duplex located?

The property is located at 3851 Superior Avenue Silverton, OH.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: Renovated duplex with 2,146 square feet; 0.131‑acre lot at 3851 Superior Avenue; Brick construction with a shingle roof