967 Marion Avenue, Cincinnati, OH 45229
MULTI_FAMILY - Cincinnati, OH
- Added:
- Jun 29, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 29 at 2:06 pm
Property Features for 967 Marion Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street, Driveway, Garage
- Window features
- Wood Frames, Vinyl Frames
- Fireplace
- 1
- Standard status
- Active
- APN
- 110-0001-0034-00
- Size
- 5,435 SF
- Lot size
- 0.25 Acres
Utilities
- Heating system
- Hot Water(Heating), Natural Gas
Building Details
- Year built
- 1897
- Number of units
- 2
- Building materials
- Stucco, Wood Siding
- Roof type
- Shingle
Listing agent Jacob Calvert (513) 766-9200
Listing office Keller Williams Advisors 9277 Centre Pointe Dr, Cincinnati, OH (513) 227-9151
Listing date Jun 29, 2026
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.
HighLights
- North Avondale home built in 1897 with stucco and wood siding and a shingle roof
- Flexible layout: 5600 SF single‑family setup (6 bedrooms, 5 full baths) or a legal duplex with two separate entrances
- Duplex updates include stainless steel kitchens with gas stoves, overhead microwaves, and double built‑in refrigerators
- Fireplace included; heating systems include hot water (heating) and natural gas
- Parking includes a double car garage plus driveway and on‑street parking
- Separate utilities except water; smaller unit previously rented for $1,850/month (vacated due to the sale)
Overview
Situated in North Avondale, the home is described as within walking distance to Xavier University. The listing also notes an easy drive to downtown, Hyde Park, and other nearby destinations. Access for showing is described as easy.
Utility separation is designed to support straightforward leasing: the units have separate utilities except for water. The listing notes the larger unit is currently owner occupied, while the smaller unit was previously rented by a long-time tenant and has since vacated due to the sale of the property. Rental income for the smaller unit was reported as $1,850.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.1k | $12.72 |
| − Vacancy | −$4.1k | −$0.75 |
| EGI | $65.1k | $11.97 |
| − OpEx | −$19.5k | −$3.59 |
| NOI | $45.5k | $8.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.481574
- Latitude
- 39.151519
