LKV Realty
Logo
$499,000
$2,400Reward *
1988 Lexington Avenue, Norwood, OH 45212Listing ID 1890243

1988 Lexington Avenue, Norwood, OH 45212

Active
Time on site: 5 daysLast updated: 4 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Fam 2-4 units
Square Feet
Square Feet
2,562
Acres
Acres
0.17
Days on Site
Days on Site
4
Cooling
Cooling
Central Air
Heating
Heating
Gas
Year Built
Year Built
1912
Parking
Parking
Off Street, Onstreet, Driveway

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!

Property Information

Property Details

Location

Address
1988 Lexington Avenue
County
Hamilton
City
Norwood
Zip Code
45212
School District
Norwood City SD
MLS Area
Hamilton-E02

Interior Features

Heating and Cooling

Cooling
Central Air
Heating
Gas
Fireplace
None

Building

Building Information

Square Feet
2,562
Year Built
1912
Construction
Brick
Foundation
Block
Roof
Shingle
Walter B. GiblerColdwell Banker Realty, (513) 321-9944

Market Report for 45212

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS of Greater Cincinnati
MLS of Greater Cincinnati logo

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. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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