Brick Duplex with Separate
4526 Clearview Avenue, Cincinnati, OH 45205
For Sale
$199,900
Two units offer a one-bedroom layout and a flexible two-bedroom plan, with separate utilities and updated mechanical equipment.
Property Size2,073 SF
Price / SF$96.43
Days on Market62
Property Features for 4526 Clearview Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Road Access
Units
Unit Mix
Multifamily Units
Amenities
outdoor seating areas
green space
washer/dryer
Patio
Porch
Balcony
Building Details
Building Size
Year Built
Buildings
Units
Construction
Listing Agency:
Cutler Real Estate
(513) 429-4290
Listed By:
Evan Johnson
(513) 240-2027
Source:
Falgnerrealty
Added: Sep 9
Changed: Nov 8
Last Checked: Nov 9 at 8:21PM
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 Cutler Real Estate
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Investment Insights
Based on property information with market context.
Built in 1926, this 2,073-square-foot brick duplex contains two separately metered units. The first has one bedroom and 1.5 bathrooms; the second has two bedrooms and one full bathroom, with a layout that can accommodate a third bedroom. Interior features include high ceilings and original woodwork. Recent improvements include interior paint, stair handrails, two newer furnaces, one new air-conditioning unit, and a new washer and dryer.
The property also has multiple outdoor seating areas, green space, and a large concrete driveway. Located in Price Hill near Rapid Run Road, it offers access to downtown Cincinnati, hospitals, and the University of Cincinnati.
The property also has multiple outdoor seating areas, green space, and a large concrete driveway. Located in Price Hill near Rapid Run Road, it offers access to downtown Cincinnati, hospitals, and the University of Cincinnati.
Key Highlights
- 2,073‑square‑foot duplex built in 1926
- Unit mix: one bedroom and 1.5 bathrooms; two bedrooms and one full bathroom
- Separate utilities for the two units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,369
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,380
$347.4K
Cap Rate 7%
$248,129
$248.1K
Cap Rate 9%
$192,989
$193.0K
Market Conditions
NOI Build-Up for 2,073 SF
Gross rent
$26.4K $12.72/SF
− Vacancy
−$1.6K −$0.75/SF
EGI
$24.8K $11.97/SF
− OpEx
−$7.4K −$3.59/SF
NOI
$17.4K $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%
$347,380
Cap Rate 7%
$248,129
Cap Rate 9%
$192,989
Alternative Uses
Best Use
Multifamily LT 5
$248.1K
$217.1K – $289.5K
NOI $17,369 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$220.0K
$192.5K – $256.7K
NOI $15,402 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$412.1K
$360.6K – $480.8K
NOI $28,846 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 45205, OH
19,517
Population
7,874
Households
2.5
Avg Household Size
31
Median Age
17%
College-Educated
82%
High-School Grad
2.8 sq mi
ZIP Area
6,970
Density / Sq Mi
$41,357
Median Household Income
$32,537
Median Earnings
$855
Median Rent
$112,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Cincinnati, OH
Properties on Market for Duplexes in Cincinnati
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two units offer a one-bedroom layout and a flexible two-bedroom plan, with separate utilities and updated mechanical equipment.
Where is this duplex located?
The property is located at 4526 Clearview 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: 2,073‑square‑foot duplex built in 1926; Unit mix: one bedroom and 1.5 bathrooms; two bedrooms and one full bathroom; Separate utilities for the two units
