Two-Unit Duplex with Attached
3882-3884 Kehr Road, Oxford, OH 45056
For Sale
$330,000
Pending
Each residence has two bedrooms, one bathroom, and a two-car garage, with long-term tenants in place.
Property Size2,418 SF
Lot Size4.06 Acres
Days on Market17
Property Features for 3882-3884 Kehr Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Occupancy
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Tenant in Place
Amenities
true
2
1
4
Double Hung
Assessor
176854
4 acres
4.06
false
Attached,Driveway,Garage,Two Car Garage
Slab
2418
Building Details
Building Size
Year Built
Stories
Listing Agency:
Coldwell Banker College Real E
(513) 523-2181
Listed By:
Peter McCarthy · License OH #2021000043
(513) 545-4459
Source:
Johnsonwebbrealty
Added: Oct 26
Changed: Nov 11
Last Checked: Nov 10 at 12:54PM
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 Coldwell Banker College Real E
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1998 duplex contains two residences, each arranged with two bedrooms and one bathroom. An attached two-car garage serves each side. The property occupies 4.06 acres in Oxford Township.
Both units are currently rented to long-term tenants.
Both units are currently rented to long-term tenants.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Attached 2‑car garage for each unit
- Situated on 4.06 acres in Oxford Township
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,581
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,620
$471.6K
Cap Rate 7%
$336,871
$336.9K
Cap Rate 9%
$262,011
$262.0K
Market Conditions
NOI Build-Up for 2,418 SF
Gross rent
$36.3K $15.00/SF
− Vacancy
−$2.6K −$1.07/SF
EGI
$33.7K $13.93/SF
− OpEx
−$10.1K −$4.18/SF
NOI
$23.6K $9.75/SF
Area
Butler County, OH
Vacancy
7.12%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,620
Cap Rate 7%
$336,871
Cap Rate 9%
$262,011
Alternative Uses
Best Use
Multifamily LT 5
$336.9K
$294.8K – $393.0K
NOI $23,581 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$310.0K
$271.3K – $361.7K
NOI $21,700 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$478.1K
$418.3K – $557.8K
NOI $33,466 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 45056, OH
28,892
Population
9,702
Households
3
Avg Household Size
25
Median Age
54%
College-Educated
97%
High-School Grad
74.7 sq mi
ZIP Area
387
Density / Sq Mi
$53,413
Median Household Income
$9,944
Median Earnings
$1,004
Median Rent
$247,700
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Butler County, OH
Properties on Market for Duplexes in Butler County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, one bathroom, and a two-car garage, with long-term tenants in place.
Where is this duplex located?
The property is located at 3882-3884 Kehr Road Oxford, OH.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Attached 2‑car garage for each unit; Situated on 4.06 acres in Oxford Township
