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$339,000 Sold
1821 Mills Avenue, Norwood, OH 45212
About this home
Investor opportunity in the heart of Norwood! This solid 4-unit building features four spacious 2-bedroom, 1-bath apartments, each with its own private exterior entrance, furnace, hot water tank, washer and dryer hookup, and separate gas and electric meters. Three units are currently occupied and generating steady income at $1,025, $1,025, and $970 per month. The fourth unit is vacant and ready for renovations, offering excellent value-add potential for increased rents. Each unit features durable LVP flooring and low-maintenance finishes. There are no shared common areas, keeping owner expenses minimal. Water, sewer, and trash are billed together through Norwood Public Service, totaling $2,110 over the past 12 months. With low utilities, stable tenants, and strong rental demand in a desirable location near major employers, highways, and amenities, this property is a great investment opportunity for those looking to grow their portfolio in a high-demand Cincinnati market.
Facts & features
Interior
- Bedrooms
- 8
- Square Feet
- 3,192
Property
- Property Type
- Residential Income
- Year Built
- 1965
- Lot Size
- 0.13 acres
Listing details
- Price
- $339,000
- Status
- Sold
- Days on Market
- 1
- MLS Number
- 1858114
- Listing Agent
- Shelby Kring
- Brokerage
- Agora Realty Group
Features
- Style
- Multi Family
- Heating
- Natural Gas
- Cooling
- Window Unit(s)
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
Location
Norwood, OH 45212
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