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5-Unit Efficiency Apartment Building

4206 Lafayette Avenue, Norwood, OH 45212

For Sale
$312,000

All residences have an efficiency layout, with individual basement storage for each tenant.

Property SizeContact for details
Days on Market402

Property Features for 4206 Lafayette Avenue

General Information

Standard status Active
Property subtype Multi Family Home
Zoning Multi Family, Business

Units

Unit Mix 5 x efficiency
Multifamily Units 5
Individually Metered Utilities electricity

Additional Details

Public Transit Yes
Tenant in Place Yes

Amenities

storage units
Storage Area
Patio

Building Details

Year Built 1960
Units 5
Listing Agency: Fathom Realty Ohio
Listed By: Janice A Modarelli
Source: Galbraithrealtors
Added: Oct 3, 2025 Changed: Nov 7 Last Checked: Nov 7 at 12:48PM

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 Fathom Realty Ohio

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Investment Insights

Based on property information with market context.

This five-unit apartment property in Norwood contains efficiency residences, and each tenant has a dedicated storage unit in the basement. The building dates to 1960, and its boiler was installed in 2014.

All five units are rented. The owner covers heat and water, while tenants pay electricity through separate meters. The property is zoned for multifamily and business use and is near a bus line.

Key Highlights

  • Five efficiency units; all are rented
  • Boiler installed in 2014
  • Basement storage assigned to each tenant

Property Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,191
Businesses Nearby

Demographics for 45212, OH

21,885
Population
11,027
Households
2
Avg Household Size
33
Median Age
38%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
5,915
Density / Sq Mi
$63,698
Median Household Income
$43,413
Median Earnings
$932
Median Rent
$229,400
Median Home Value

Market

Properties on Market for Apartment buildings in Hamilton County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All residences have an efficiency layout, with individual basement storage for each tenant.
Where is this apartment building located?
The property is located at 4206 Lafayette Avenue Norwood, OH.
What is the asking price?
The asking price for this property is $312,000.
What are key features of this property?
This property features: Five efficiency units; all are rented; Boiler installed in 2014; Basement storage assigned to each tenant
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