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Four-Unit Multifamily Property

5207 Montgomery Road, Norwood, OH 45212

For Sale
$345,000

Each residence is leased and separately metered for utilities.

Property SizeContact for details
Days on Market35

Property Features for 5207 Montgomery Road

General Information

Standard status Active
Property subtype Multi Family Home
Zoning Multi Family
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4
Individually Metered Utilities unspecified utilities

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Amenities

Porch

Building Details

Units 4
Listing Agency: Keller Williams Seven Hills Re
Listed By: William S Reed
Source: Mileshometeam
Added: Oct 5 Changed: Nov 7 Last Checked: Nov 7 at 7:17PM

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 Keller Williams Seven Hills Re

Rey
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Investment Insights

Based on property information with market context.

This multifamily property contains four one-bedroom, one-bathroom residences. All four units are leased, and each has separate utilities. The property also offers on-street parking.

A replacement roof was completed in 2019. The site is zoned Multi Family.

Key Highlights

  • Four 1‑bedroom, 1‑bathroom units
  • All four residences are currently leased
  • Separate utilities for each unit

Property Analytics

Lease Details

4
Residential units
100%
Occupancy
Yes
Utilities to site

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

Average Price Trend$/SF for Quadplexes in Hamilton County, OH

$139 Jul
$112 Aug
$114 Sep
$132 Oct

Properties on Market for Quadplexes 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?
Quadplex - Each residence is leased and separately metered for utilities.
Where is this quadplex located?
The property is located at 5207 Montgomery Road Norwood, OH.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bathroom units; All four residences are currently leased; Separate utilities for each unit
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