Property Description

Don't Miss this Fully Renovated 4-Unit Investment Opportunity in Norwood! Turnkey Property features Three 1-Bedroom Units & One Studio Unit, offering Strong Income Potential for Investors or House Hackers alike. Three of Four Units are Occupied: Unit 1 ($1,490/Month), Unit 2 ($1,280/Month), & Unit 3 ($1,300/Month), with Unit 3's Lease ending in Julyideal for an Owner-Occupant. Current rents total $4,070/Month. Unit 4, the Studio Unit, is Vacant, currently used as an Airbnb, & has Estimated Rent of $1,100/Month, bringing projected income to $5,170/Month. Tenants pay Utilities, creating a Low-Expense Opportunity, & each Unit has its own Washer & Dryer. Building was Completely Renovated with Roof, A/C, & Electrical Panel (2021), Water Heater (2022), & New HVAC / Split Units. Convenient Location near Shopping, Dining, & Highways. Video Tour Attached!

2033 Maple Avenue | MLS# 1874718

This multi-family property located at 2033 Maple Avenue, Norwood, OH 45212 is currently listed for sale with an asking price of $575,000. Maple Avenue is located within the Norwood school district. Search Norwood real estate on 4399virginiaavenue.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Full

Cooling: Central Air

Days on Market: 2

Fenced: Yes

Fireplaces: 1

Heating: Forced Air

Lot Size: 0.13 Acres

Roof Type: Shingle

Stories: 3.0

Taxes: $6,634

Year Built: 1910

Amenities

Deck

Porch

Balcony

Wood Fence

Feature Descriptions

Exterior: Vinyl Siding

Fireplace Features: Inoperable

Foundation: Stone

Gas: Natural

Lot Dimensions: 40 X 141

Parcel #: 651-0025-0012-00

Parking: Off Street, Driveway

Sewer: Public Sewer

Special View Info: City

SQFT Basement: 1306

Total Buildings: 1

Units: 4

Water: Public

Window Features: Vinyl

Local Schools

School District: Norwood

Demographics

Hamilton County Demographic Information for 2033 Maple Avenue, Norwood, OH 45212

Fips

Fips Code 39061

Population

2020 to 2023 Change down 0.4%

2010 Count 802,374

2020 Count 830,639

2023 Estimate (V2023) 827,058

2020 Estimate (V2023) 830,628

Age Distribution (Years Old)

0 to 4 6.1%

5 to 17 22.6%

18 to 64 54.4%

65 and Older 16.9%

Gender

Male 48.6%

Female 51.4%

Place of Birth

Foreign 5.9%

US 94.1%

Education

High School Graduate, Age 25+ 92.1%

Bachelor's Degree or Higher, Age 25+ 40.3%

Computer and Internet use

Households with a computer 93.4%

Households with a broadband Internet subscription 89.5%

Language

English is Second Language, Age 5+ 7.4%

English is First Language, Age 5+ 92.6%

Veterans

Veterans 37,263

Income

Per Capita Income $42,555

Median Household Income $68,249

People in Poverty 15.6%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 381,690

Households 348,491

Average Household Size 2.32

Owner-Occupied 59.2%

Multi-Family 35.8%

Owner-Occupied Median Value $205,000

Median selected monthly owner costs -with a mortgage $1,567

Median selected monthly owner costs -without a mortgage $649

Median gross rent $961

Building Permits

New Private Housing Issued 2023 1,143

Years at Residence

1 Year or More 85.3%

Less Than 1 Year 14.7%

Business and Employment

Private non-farm Establishments 20,857

Private non-farm Employment 493,367

Private non-farm Employment Growth down 1.0%

Nonemployer Establishments 63,869

Number of Firms 69,573

Business Production

Value of Shipments $23,656,887,000

Wholesale Trade $16,309,476,000

Retail Trade $13,273,606,000

Retail Sales Per Capita $14,411

Accommodation and Food Services $2,445,265,000

Land

Land Area 405.91 sq. miles

Population Per Square Mile 1,977

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 3,643.20 per month $2,922.66 Principal & Interest $552.83 Property Tax $167.71 Homeowner's Insurance

Change Payment Information

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