4320 Tower Avenue, Cincinnati, OH 45217
- Added:
- Jun 22, 2026
- Days on Market:
- 17
- Last Refresh:
- Jul 8 at 8:06 pm
Property Features for 4320 Tower Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street, Driveway, Garage
- Window features
- Vinyl Frames
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Pending
- APN
- 582-0014-0087-00
- Size
- 2,341 SF
- Lot size
- 0.15 Acres
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1909
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Alicia Stoughton (513) 766-9200
Listing office Keller Williams Advisors 2105 Grandin Road, Cincinnati, OH (513) 766-9200
Listing date Jun 22, 2026
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.
HighLights
- Recently updated duplex in St. Bernard with new kitchens, updated bathrooms, fresh paint, and new fixtures throughout.
- Unit #1: 2 bed, 1 bath on the first floor with in‑unit washer/dryer.
- Unit #2: 3 bed, 1 bath across floors 2 and 3 with in‑unit washer/dryer.
- Separate gas and electric utilities for the two units.
- 2‑car detached garage plus driveway and on‑street parking.
- 1909 brick exterior with shingle roof and a porch.
Overview
The property includes separate gas and electric service for the units and a detached two-car garage. It is currently configured and operated as a short-term rental; with bookings paused, the property may be attractive to an owner-occupant or an investor seeking a furnished setup.
Unit separation and in-unit laundry are practical for tenant comfort and day-to-day management. The two-floor design of Unit #2 provides additional living space compared with a standard single-level unit. With the option to purchase fully furnished, this property can support an owner-occupant moving in while retaining the ability to operate both units, or an investor looking to add a duplex to an existing rental portfolio.
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 | $29.8k | $12.72 |
| − Vacancy | −$1.8k | −$0.75 |
| EGI | $28.0k | $11.97 |
| − OpEx | −$8.4k | −$3.59 |
| NOI | $19.6k | $8.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.496382
- Latitude
- 39.163252