1988 Lexington Avenue Norwood, OH 45212
0.17
Acres
$550,000
MLS# 1881211
0
0.17 AC
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More About 1988 Lexington Avenue
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!
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Directions to this Listing
: Montgomery Rd. South to Left on Lexington
Information Refreshed: 7/10/2026 3:06 AM
Property Details
MLS#:
1881211Type:
Multi FamilyCounty:
HamiltonAge:
114Construction:
BrickCooling:
Central AirGarage:
NoneHeating:
GasS/A Taxes:
3220School District:
Norwood City
This listing courtesy of Walter Gibler (513) 382-4109 , Coldwell Banker Realty (513) 321-9944
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