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Two-Unit Duplex with Attached Garage
For Sale
$200,000

708 E Ross Ave, Saint Bernard, OH 45217

Two residential units include an equipped eat-in kitchen and attached garage.

Property Size2,074 SF
Price / SF$96.43
Days on Market72

Property Features for 708 E Ross Ave

General Information

Standard status Active
Size 2,074 SF
Total Parking Spaces 2
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence work needed in the kitchen

Units

Unit Mix 1 x 2BR, 1 x 1BR
Multifamily Units 2

Amenities

fenced rear yard
walkout basement

Building Details

Year Built 1929
Listing Agency: Sibcy Cline, Inc.
Listed By: Kurt J Lamping
Source: Lovdalgroup
Added: Jul 27 Changed: Oct 5 Last Checked: Oct 6 at 12:15AM

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.

Investment Insights

Based on property information with market context.

Built in 1929, this 2,074-square-foot duplex contains two residential units with distinct layouts. The first-floor residence offers two bedrooms and an equipped eat-in kitchen. Upstairs, the one-bedroom unit includes a kitchen that requires work. A newer furnace, air system, and hot water heater serve the property. The building also includes a two-car attached garage, walkout basement, and fenced rear yard.

Located at 708 E Ross Ave in St Bernard, the property is available for immediate occupancy. The first-floor unit was occupied until recently. The property has also been used as a single-family residence, providing an alternative configuration for an owner-user or household seeking one home rather than two separate units.

Key Highlights

  • 2,074‑square‑foot duplex built in 1929
  • Two units: a two‑bedroom first‑floor residence and one‑bedroom second‑floor unit
  • Two‑car attached garage, walkout basement, and fenced rear yard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,904
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,080 $358.1K
Cap Rate 7%
$255,771 $255.8K
Cap Rate 9%
$198,933 $198.9K
Market Conditions
NOI Build-Up for 2,074 SF
Gross rent
$34.6K $16.68/SF
− Vacancy
−$2.0K −$0.98/SF
EGI
$32.6K $15.70/SF
− OpEx
−$14.6K −$7.06/SF
NOI
$17.9K $8.63/SF
Area
Hamilton County, OH
Vacancy
5.90%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,080
Cap Rate 7%
$255,771
Cap Rate 9%
$198,933

Alternative Uses

Best Use
Multifamily LT 5
$279.6K
$244.6K – $326.2K (±1% cap)
NOI $19,569 @ 7.0% cap · market cap 9.78%
Second Best
Apartment 5plus
$255.8K
$223.8K – $298.4K (±1% cap)
NOI $17,904 @ 7.0% cap · market cap 8.95%
Theoretical Best
Office A
$371.8K
$325.4K – $433.8K (±1% cap)
NOI $26,028 @ 7.0% cap · market cap 13.01%
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 Spa & Massage Center Pharmacy Skin Care Clinic

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

388
Businesses Nearby

Demographics for 45217, OH

6,177
Population
2,852
Households
2.2
Avg Household Size
39
Median Age
34%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
2,808
Density / Sq Mi
$67,974
Median Household Income
$45,789
Median Earnings
$923
Median Rent
$149,200
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 - Two residential units include an equipped eat-in kitchen and attached garage.
Where is this duplex located?
The property is located at 708 E Ross Ave Saint Bernard, OH.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 2,074‑square‑foot duplex built in 1929; Two units: a two‑bedroom first‑floor residence and one‑bedroom second‑floor unit; Two‑car attached garage, walkout basement, and fenced rear yard
More about this property
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