1988 Lexington Avenue, Norwood, OH 45212 (MLS # 1881211)
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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!
| DAYS ON MARKET | 6 | LAST UPDATED | 6/11/2026 |
|---|---|---|---|
| YEAR BUILT | 1912 | COMMUNITY | Hamilton-E02 |
| COUNTY | Hamilton | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Hamilton-E02 |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick |
| HEAT | Natural Gas |
| LOT | 7492 sq ft |
| PARKING | Off Street, On Street, Driveway |
| SEWER | Public Sewer |
| STORIES | 3+ |
| UTILITIES | Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Coldwell Banker Realty, phone# 513-321-9944, Walter Gibler, phone# 513-382-4109
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Data last updated: 6/15/26 8:41 AM PDT
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