Building Details

Year Built 1942

Listing Agency: Sibcy Cline, Inc. (513-777-8100)

Listed By: Tami Holmes · License #2005015284 Show Phone

Source: Tami-holmes

Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 2:42AM

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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 Sibcy Cline, Inc. (513-777-8100)

Investment Insights

Based on property information with market context.

Built in 1942, this 2,328-square-foot duplex has two residential units and has recently been painted. The furnishings may remain, and the property includes a four-car garage with additional driveway space.

The property offers access to I-71, Kenwood Towne Centre, and downtown Cincinnati.

Key Highlights

• Two‑unit duplex totaling 2,328 square feet
• Four‑car garage plus additional driveway space
• Built in 1942 and recently painted

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,506

Cap Rate

5.20%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$390,120 $390.1K

Cap Rate 7%

$278,657 $278.7K

Cap Rate 9%

$216,733 $216.7K

Market Conditions

NOI Build-Up for 2,328 SF

Gross rent

$29.6K $12.72/SF

− Vacancy

−$1.7K −$0.75/SF

EGI

$27.9K $11.97/SF

− OpEx

−$8.4K −$3.59/SF

NOI

$19.5K $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%

$390,120

Cap Rate 7%

$278,657

Cap Rate 9%

$216,733

Alternative Uses

Best Use

Multifamily LT 5

$278.7K

$243.8K – $325.1K (±1% cap)

NOI $19,506 @ 7.0% cap · market cap 5.20%

Second Best

Apartment 5plus

$247.1K

$216.2K – $288.3K (±1% cap)

NOI $17,297 @ 7.0% cap · market cap 4.61%

Theoretical Best

Office A

$462.8K

$404.9K – $539.9K (±1% cap)

NOI $32,394 @ 7.0% cap · market cap 8.64%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

673

Businesses Nearby

Explore this area Business Placement

Demographics for 45236, OH

24,223

Population

12,385

Households

2

Avg Household Size

41

Median Age

51%

College-Educated

95%

High-School Grad

6.9 sq mi

ZIP Area

3,511

Density / Sq Mi

$81,990

Median Household Income

$49,188

Median Earnings

$1,155

Median Rent

$218,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Duplex - Separate living units allow an owner to occupy one residence while renting the other.

Where is this duplex located?

The property is located at 5694 Euclid Road Columbia Twp, OH.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Two‑unit duplex totaling 2,328 square feet; Four‑car garage plus additional driveway space; Built in 1942 and recently painted