1821 Mills Ave Pending

Norwood,OH 45212

$ 339000

- Bed

- Bath

3192 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Pending

Purchase Type For Sale

Square Footage 3,192 sqft

Price per Sqft $106

MLS Listing ID 1858114

Year Built 1965

Lot Size 5,619 Sqft

Property Sub-Type Multi Fam 2-4 units

Property Description

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.

Location

State OH

County Hamilton

Area Hamilton-E02

Interior

Heating Gas

Cooling Window Unit

Fireplaces Type None

Exterior

Parking Features None

View Y/N No

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Norwood City Sd

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