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(513) 800-9299
Oscar Asesyan Group
2134 Ross Avenue, Norwood, OH 45212
- $647,000
- Sold Price
- $647,000
- List Price
- $650,000
- Status
- SOLD
- MLS#
- 1864889
- Closing Date
- Apr 30, 2026
- Lot Size
- 5,968
- Levels
- Two
- Region
- Hamilton-E02
Property Description
Excellent multifamily investment opportunity in Norwood! This professionally managed, fully occupied 8-unit apartment building is located in a high-demand rental market and offers stable in-place income. The property generates $7,115 in gross monthly rental income, exceeding the commonly referenced 1% rule, making it an attractive option for investors focused on cash flow. Most units have been updated with a modern look, appealing to today's renters and supporting strong occupancy. The property features on-site laundry providing additional income, and tenants pay their own gas and electric, helping keep operating expenses low. The building also benefits from a membrane roof that was replaced in 2019, along with various capital improvements over time, including updates to select water heaters and furnaces. Conveniently located near major employers, shopping, dining, and transportation, this well-maintained asset presents a solid opportunity for investors.
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Additional Information
- Acres
- 0.14
- Construction
- Brick
- Roof
- Membrane
- Basement Desc
- Full
- Garage Desc
- None
- Cooling
- None
- Heating
- Forced Air, Gas
- Sewer
- Public Sewer
- Water
- Public
- School District
- Norwood City SD
Mortgage Calculator
Courtesy of Shelby Kring with Agora Realty Group
Courtesy of Shelby Kring with Agora Realty Group
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.