Northside Duplex with Income
4110 Jerome Avenue Cincinnati, OH 45223
4110 Jerome Avenue, Cincinnati, OH, 45223
$285,000
For Sale
$285,000
MULTI_FAMILY - Cincinnati, OH
Property Size2,718 SF
Lot Size0.10 Acres
Price / SF$104.86
Days on Market63
Property Features for 4110 Jerome Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street, Off Street
- Patio and Porch features
- Porch
- Exterior features
- Porch, Metal Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 195-0029-0136-00
- Size
- 2,718 SF
- Lot size
- 0.10 Acres
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1913
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Slate
Listing agency
TREO REALTORS
(513) 731-8736
Listed by
Brett Keppler
(513) 225-1790
Added: May 20 Updated: May 23 at 6:31AM Checked: Jul 21 at 8:06AM
MLS# 1880059
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.
Investment Insights
Based on property information with market context.
This solid brick duplex presents an opportunity for an owner-occupant to reduce their monthly mortgage by renting out one of the units. Located in the Northside neighborhood of Cincinnati, Ohio, the property is situated on a quiet, no-outlet street with available on-street parking. The building offers convenient access to downtown Cincinnati and the University of Cincinnati. The property features separate furnaces and water heaters for each unit. Tenants are responsible for all utilities except water. The duplex includes updated bathrooms and a fenced-in rear yard. The property size is 2718 square feet and the lot size is 0.099 acres. The upstairs unit is currently vacant, while the downstairs unit is rented.
Key Highlights
- Duplex with potential $1200/month rental income to offset mortgage.
- Solid brick construction in a desirable Northside location.
- Upstairs unit is vacant, ready for owner occupancy or new tenant.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.6k | $12.72 |
| − Vacancy | −$2.0k | −$0.75 |
| EGI | $32.5k | $11.97 |
| − OpEx | −$9.8k | −$3.59 |
| NOI | $22.8k | $8.38 |
2,718 SF · lease $12.72/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$325.3K
$284.7K – $379.6K
NOI $22,773 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$288.5K
$252.4K – $336.6K
NOI $20,194 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$540.3K
$472.8K – $630.4K
NOI $37,821 @ 7.0% cap · market cap 13.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Solid brick duplex in Cincinnati's Northside neighborhood.
Where is this duplex located?
The property is located at 4110 Jerome Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Duplex with potential $1200/month rental income to offset mortgage.; Solid brick construction in a desirable Northside location.; Upstairs unit is vacant, ready for owner occupancy or new tenant.
