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For Sale
$550,000

1988 Lexington Avenue, Norwood, OH, 45212

Norwood, OH, 45212

0
Beds
0
Baths
2,562
Sq ft

About this home

Turnkey Cash-Flowing Duplex bringing in over $4,625 per month! Incredible opportunity to own a fully renovated, income-producing property generating $55,500 annually in gross rental income. Both units are fully leased through May 2027, providing immediate cash flow and long-term stability, while tenants pay all utilities, maximizing investor returns. Completely transformed in 2020/2021, this property was gutted down to the studs and extensively renovated, offering peace of mind and minimizing future maintenance concerns. The spacious Unit 1 features 3 bedrooms and 1 full bathroom, while Unit 2 spans the second and third floors and offers 4 bedrooms and 2 full bathrooms, creating strong rental demand and excellent income potential. Four parking spots in the backyard! Whether you're expanding your portfolio or looking for a turnkey investment with stable tenants already in place, this property checks all the boxes!

Details

Type
Multi Fam 2-4 units
Year built
1912
Lot (acres)
0.172
Days on market
50
MLS #
1881211
County
Hamilton

Location

Norwood, OH, 45212

Map shows the approximate property location.

Listed by Walter B Gibler · 513-382-4109. Listing courtesy of Coldwell Banker Realty · 513-321-9944. Data via Cincinnati Multiple Listing Service.

Broker Reciprocity — MLS of Greater Cincinnati

The data relating to real estate appearing on this site comes in part from the Broker Reciprocity program of the Multiple Listing Service of Greater Cincinnati. Properties marked with the Broker Reciprocity icon are provided courtesy of the MLS of Greater Cincinnati. Information is deemed reliable but not guaranteed — independently verify all details. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing Opportunity. Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved.

CincyMLS data last updated August 1, 2026 at 12:16 PM ET.

$550,000
For Sale
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