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Cincinnati Duplex with Tenant

4120 St William Avenue Cincinnati, OH 45205

4120 St William Avenue, Cincinnati, OH, 45205
$199,900
For Sale
Claim this Listing
$199,900

MULTI_FAMILY - Cincinnati, OH

Property Size2,370 SF
Lot Size0.23 Acres
Price / SF$84.35
AddedFeb 12
Days on Market153
Last RefreshJul 15 at 11:06 pm

Property Features for 4120 St William Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Window features
Wood Frames
Standard status
Active
APN
179-0078-0121-00
Size
2,370 SF
Lot size
0.23 Acres

Utilities

Heating system
Natural Gas

Building Details

Year built
1923
Number of units
2
Building materials
Brick
Roof type
Shingle

Listing agent Jennifer Donathan

Listing office Keller Williams Advisors 2105 Grandin Road, Cincinnati, OH

Listing date Feb 12, 2026

MLS# 1868559 Listing URL

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 tenant-occupied duplex is located in Cincinnati, OH. The property is part of a portfolio and can be sold separately or together with other properties in the portfolio. The building contains two units: a four-bedroom, one-bathroom unit and a two-bedroom, one-bathroom unit. Each unit is approximately 1,185 square feet, for a total property size of 2,370 square feet. Each unit has separate furnaces, hot water tanks, and electric panels. The HVAC and plumbing systems have been updated within the last five years. The lot size is 0.23 acres. Currently, one tenant leases the entire home on a month-to-month basis, paying $2,000 per month plus all utilities.

Key Highlights

  • Potential for immediate rental income of $2000/month plus utilities.
  • Updated HVAC and plumbing within the last 5 years.
  • Two separate units (4 bed/1 bath and 2 bed/1 bath) offering flexibility.

Local Financial Insights For Apartment 5plus

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 $33.8k $14.28
− Vacancy −$1.8k −$0.77
EGI $32.0k $13.51
− OpEx −$14.4k −$6.08
NOI $17.6k $7.43
2,370 SF · lease $14.28/SF/yr · vacancy 5.40% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$283.7K
$248.2K – $331.0K (±1% cap)
NOI $19,857 @ 7.0% cap · market cap 9.93%
Second Best
Apartment 5plus
$251.6K
$220.1K – $293.5K (±1% cap)
NOI $17,609 @ 7.0% cap · market cap 8.81%
Theoretical Best
Office A
$471.1K
$412.2K – $549.7K (±1% cap)
NOI $32,979 @ 7.0% cap · market cap 16.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Tenant-occupied duplex in Cincinnati, part of a larger portfolio.
Where is this duplex located?
The property is located at 4120 St William Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Potential for immediate rental income of $2000/month plus utilities.; Updated HVAC and plumbing within the last 5 years.; Two separate units (4 bed/1 bath and 2 bed/1 bath) offering flexibility.
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More about this property
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