Renovated Duplex with Private
For Sale
$379,000
4100 Fergus St, Cincinnati, OH 45223
Two updated units offer in-unit laundry, separate utilities, and access to a shared fenced backyard.
Property Size2,744 SF
Price / SF$138.12
Days on Market53
Property Features for 4100 Fergus St
General Information
Standard status
Active
Size
2,744 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
in-unit laundry
shared fenced backyard
Building Details
Year Built
1888
Year Renovated
2016
Listing Agency:
Keller Williams Advisors
Listed By:
Alicia J Stoughton · License #2016003934
(513) 766-9200
Source:
Cincylivingwithangela
Added: Aug 15
Changed: Oct 1
Last Checked: Oct 5 at 8:38PM
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 Keller Williams Advisors
Investment Insights
Based on property information with market context.
This 2,744-square-foot duplex contains two 2-bedroom, 1-bath units, each with its own entrance and in-unit laundry. The property was renovated in 2016 and retains hardwood flooring, exposed brick, and abundant natural light. Both apartments share a fenced backyard, while separate utilities and mechanical systems support straightforward ownership. Unit 1 has a new furnace, and a sewer liner was installed in 2025. A 30-year roof dates to 2016, and the siding was replaced in 2018 with a 25-year warranty.
Both units are currently leased month-to-month. Tenants pay gas and electric, while the owner covers water, sewer, and trash. The existing lease structure provides flexibility for an owner-occupant or for establishing new leases.
Both units are currently leased month-to-month. Tenants pay gas and electric, while the owner covers water, sewer, and trash. The existing lease structure provides flexibility for an owner-occupant or for establishing new leases.
Key Highlights
- Two 2‑bedroom, 1‑bath units within a 2,744‑square‑foot duplex
- Renovated in 2016 with hardwood floors, exposed brick, and natural light
- Private entrances and in‑unit laundry serve both apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,991
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,820
$459.8K
Cap Rate 7%
$328,443
$328.4K
Cap Rate 9%
$255,456
$255.5K
Market Conditions
NOI Build-Up for 2,744 SF
Gross rent
$34.9K $12.72/SF
− Vacancy
−$2.1K −$0.75/SF
EGI
$32.8K $11.97/SF
− OpEx
−$9.9K −$3.59/SF
NOI
$23.0K $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%
$459,820
Cap Rate 7%
$328,443
Cap Rate 9%
$255,456
Alternative Uses
Best Use
Multifamily LT 5
$328.4K
$287.4K – $383.2K
NOI $22,991 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$291.3K
$254.9K – $339.8K
NOI $20,388 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$545.5K
$477.3K – $636.4K
NOI $38,183 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
779
Businesses Nearby
Explore this area
Business Placement
Demographics for 45223, OH
13,174
Population
6,765
Households
1.9
Avg Household Size
33
Median Age
43%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
2,864
Density / Sq Mi
$46,930
Median Household Income
$41,482
Median Earnings
$914
Median Rent
$203,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two updated units offer in-unit laundry, separate utilities, and access to a shared fenced backyard.
Where is this duplex located?
The property is located at 4100 Fergus St Cincinnati, OH.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units within a 2,744‑square‑foot duplex; Renovated in 2016 with hardwood floors, exposed brick, and natural light; Private entrances and in‑unit laundry serve both apartments
