1988 Lexington Avenue
Norwood, OH 45212
7
Bed
3
Bath
2,562Sqft
0.17Acre(Lot)
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 e
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Bathroom Information
Full Baths: 3Room Information
Has Basement: Yes Basement: Full -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1912 Construction Materials: Brick Patio And Porch Features: Porch Private Pool: No
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Lot Information
Lot Size Acres: 0.172 Lot Size Square Feet: 7492
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Listing Price Information
Listing Price: $550000
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Tax Information
Parcel Number: 651-0057-0030-00
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Parking Information
Off Street, On Street, Driveway
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Utility Information
Natural Gas Available -
Location Information
Direction: Montgomery Rd. South to Left on Lexington WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2604 Harris Avenue, Norwood, OH, 45212 | $599,000 | 5 | 5 | 4,824 | 4,824 SqFt |
| 2620 Duck Creek Road, Norwood, OH, 45212 | $425,000 | 4 | 4 | -- | |
| 2429 Robertson Avenue, Norwood, OH, 45212 | $435,000 | 6 | 2.5 | 3,251 | 3,251 SqFt |
| 2541 Melrose Avenue, Norwood, OH, 45212 | $529,900 | 5 | 3 | 4,397 | 4,397 SqFt |
| 2446 Duck Creek Road, Norwood, OH, 45212 | $225,000 | -- | -- | 1,701 | 1,701 SqFt |
| 5145 Carthage Avenue, Norwood, OH, 45212 | $285,000 | 3 | 3.5 | -- | |
| 2033 Maple Avenue, Norwood, OH, 45212 | $575,000 | 4 | 4 | 2,942 | 2,942 SqFt |
| 1829 Lincoln Avenue, Norwood, OH, 45212 | $319,000 | -- | -- | 2,231 | 2,231 SqFt |
| 1817 Sherman Avenue, Norwood, OH, 45212 | $299,000 | 4 | 3 | 1,838 | 1,838 SqFt |
| 1819 Maple Avenue, Norwood, OH, 45212 | $250,000 | 4 | 2 | 1,440 | 1,440 SqFt |
Similar Multifamily To 1988 Lexington Avenue
Nearby For Sale
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ByOwner last updated this listing 06/22/2026 @ 12:55
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