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Renovated Duplex
New
For Sale
$275,000

6026 Hamilton Avenue, Cincinnati, OH 45224

Residential Income, Cincinnati, OH

Property Size3,358 SF
Lot Size0.08 Acres
Price / SF$81.89
Days on Market2

Property Features for 6026 Hamilton Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Window features Vinyl Frames
Patio and Porch features Porch, Patio
Exterior features Patio, Porch, Balcony, Privacy Fence
Fencing Privacy
High school district Cincinnati City SD
Directions Ronald Regan highway, South on Hamilton Ave.
Subdivision Hamilton-W06
Standard status Active
APN 233-0003-0011-00
Size 3,358 SF
Lot size 0.08 Acres

Utilities

Heating system Natural Gas, Forced Air

Amenities

central heat/air

Building Details

Year built 1915
Number of units 2
Building materials Brick
Roof type Shingle
Listing Agency: Keller Williams Advisors · Keller Williams Realty
Listed By: Carol Dominguez
Added: Oct 5 Last Checked: Oct 6 at 12:06AM
MLS# 1896278

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.

Investment Insights

Based on property information with market context.

This 3,358-square-foot brick duplex, built in 1915, contains two apartments: a first-floor one-bedroom, one-bath unit and a second-floor two-bedroom, one-bath unit. Renovation work in 2019 included the roof, electrical, HVAC, plumbing, and interior finishes. The property also has a porch, patio, balcony, and privacy fence on a 0.077-acre lot.

The building is on Hamilton Avenue in Cincinnati’s College Hill business district. Nearby businesses named include Brink Brewing, Tortilleria Garcia, and Fern.

Key Highlights

  • Two apartments: one‑bedroom/one‑bath and two‑bedroom/one‑bath
  • 3,358 square feet on a 0.077‑acre lot
  • 2019 renovation included roof, electrical, HVAC, plumbing, and interior finishes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,950
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,000 $499.0K
Cap Rate 7%
$356,429 $356.4K
Cap Rate 9%
$277,222 $277.2K
Market Conditions
NOI Build-Up for 3,358 SF
Gross rent
$48.0K $14.28/SF
− Vacancy
−$2.6K −$0.77/SF
EGI
$45.4K $13.51/SF
− OpEx
−$20.4K −$6.08/SF
NOI
$24.9K $7.43/SF
Area
Cincinnati, OH
Vacancy
5.40%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,000
Cap Rate 7%
$356,429
Cap Rate 9%
$277,222

Alternative Uses

Best Use
Multifamily LT 5
$401.9K
$351.7K – $468.9K (±1% cap)
NOI $28,136 @ 7.0% cap · market cap 10.23%
Second Best
Apartment 5plus
$356.4K
$311.9K – $415.8K (±1% cap)
NOI $24,950 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$667.5K
$584.1K – $778.8K (±1% cap)
NOI $46,727 @ 7.0% cap · market cap 16.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply Electrical Service Pharmacy

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

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby

Demographics for 45224, OH

20,214
Population
9,886
Households
2
Avg Household Size
45
Median Age
34%
College-Educated
92%
High-School Grad
6.1 sq mi
ZIP Area
3,314
Density / Sq Mi
$57,754
Median Household Income
$39,579
Median Earnings
$895
Median Rent
$174,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The two apartments have separate utilities, and the building is equipped with central heating and air conditioning.
Where is this duplex located?
The property is located at 6026 Hamilton Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two apartments: one‑bedroom/one‑bath and two‑bedroom/one‑bath; 3,358 square feet on a 0.077‑acre lot; 2019 renovation included roof, electrical, HVAC, plumbing, and interior finishes
More about this property
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