Two-Family Duplex with
For Sale
$325,000
Pending
3942 Longford Dr, Cincinnati, OH 45236
The property includes a lower-level garage and porches oriented toward Deer Park Wildcat Stadium.
Property Size2,596 SF
Days on Market15
Property Features for 3942 Longford Dr
General Information
Standard status
Pending
Size
2,596 SF
Total Parking Spaces
2
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
Needs some updates and finishing touches.
Additional Details
Multifamily Units
2
Amenities
porches
Listing Agency:
Comey & Shepherd
(513) 891-4444
Listed By:
Jeffrey A Schnedl
(513) 484-0666
Source:
Exprealty
Added: Oct 2
Changed: Oct 15
Last Checked: Oct 15 at 1:56AM
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 Comey & Shepherd
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Investment Insights
Based on property information with market context.
This duplex contains 2,596 square feet and is configured as a two-family property. The building has a two-car garage on the lower level, along with porches facing Deer Park Wildcat Stadium.
The property needs updates and finishing work. Its existing two-family configuration and garage are the primary physical features.
The property needs updates and finishing work. Its existing two-family configuration and garage are the primary physical features.
Key Highlights
- 2,596‑square‑foot duplex configured for two families
- Lower‑level garage accommodates two cars
- Porches face Deer Park Wildcat Stadium
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,751
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,020
$435.0K
Cap Rate 7%
$310,729
$310.7K
Cap Rate 9%
$241,678
$241.7K
Market Conditions
NOI Build-Up for 2,596 SF
Gross rent
$33.0K $12.72/SF
− Vacancy
−$1.9K −$0.75/SF
EGI
$31.1K $11.97/SF
− OpEx
−$9.3K −$3.59/SF
NOI
$21.8K $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%
$435,020
Cap Rate 7%
$310,729
Cap Rate 9%
$241,678
Alternative Uses
Best Use
Multifamily LT 5
$310.7K
$271.9K – $362.5K
NOI $21,751 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$275.5K
$241.1K – $321.5K
NOI $19,288 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$516.0K
$451.5K – $602.1K
NOI $36,123 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
338
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes a lower-level garage and porches oriented toward Deer Park Wildcat Stadium.
Where is this duplex located?
The property is located at 3942 Longford Dr Cincinnati, OH.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,596‑square‑foot duplex configured for two families; Lower‑level garage accommodates two cars; Porches face Deer Park Wildcat Stadium
