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    Norwood, OH
    Triplex

    Norwood, OH Triplexes for Sale

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    Cincinnati, OH Lockland, OH Bellevue, KY
    Brick Triplex with Off-Street Parking
    Updated: May 15
    Brick Triplex with Off-Street Parking

    2541 Melrose Avenue, Norwood, OH 45212

    $529,900
    4,397 sqft · 0.29 AC lot
    Brick triplex built in 1910 with 2 x 2‑bedroom units and 1 x 1‑bedroom unit
    New boiler installed in 2023
    Off‑street parking with driveway next to the house
    Two front porches plus a fireplace (FireplaceYN: true)
    Heating includes natural gas and hot water (heating)
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    This listing looks promising.

    Here's a quick look at some key insights for

    2541 Melrose Avenue, Norwood, OH 45212

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Price @ 7% Cap

      $593K
      Above asking

    • Property Type

      Triplex
      Built 1910
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Norwood, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Oakley Triplex Investment Opportunity
    Oakley Triplex Investment Opportunity

    4116 Ballard Avenue, Cincinnati, OH 45209

    $595,000
    3,025 sqft · 0.42 AC lot

    Meticulously maintained triplex in Cincinnati's desirable Oakley neighborhood.

    View details
    Triplex with Separate Entrances
    Triplex with Separate Entrances

    853 Hutchins Avenue, Cincinnati, OH 45229

    $90,000
    2,560 sqft · 0.14 AC lot

    Three-unit triplex with separate entrances and a full walk-out basement, suited for renovation and rental use.

    View details
    Aurora Investment Property with Potential
    Aurora Investment Property with Potential

    129 W Conwell, Aurora, IN 47001

    $35,000
    1,980 sqft · 0.11 AC lot

    Duplex with triplex conversion potential, ideal for renovation.

    View details
    Three-Unit Triplex with Updates
    Three-Unit Triplex with Updates

    580 Indiana Avenue, Aurora, IN 47001

    $259,900
    2,607 sqft

    Well-maintained triplex with multiple long-term leases and recent capital improvements, including roof, windows, and HVAC systems.

    View details

    Norwood, OH Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Norwood, OH on our real estate platform. These investment opportunities span a total of 4,397 square feet of properties for sale, with an estimated market value of $529,900.

    Sale prices for three-family homes in Norwood, OH start at $529,900, averaging $529,900, and reaching up to $529,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Quadplexes 2
    Short term rental properties 2
    Apartment buildings 1
    Triplexes 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) -6.8%
    Median Household Income $63,698
    College Educated 53.1%

    High-Yield Neighborhoods for Investment

    Identify Norwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Cincinnati - 45212 $529.9K

    Listings Trend

    New vs delisted commercial listings in Hamilton County

    New Delisted

    Total CRE Inventory on Market (SF)

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