Price Reduction
Address
2541 Melrose Avenue, Norwood, OH
Price
$ 499,900
Property Attributes
- MLS#1879571
- TypeMulti-Family
- Listing Status Active
- CountyHAMILTON
- CityNorwood
- AreaHamilton
- NeighborhoodNorwood
- Zip45212
- Style
- Year Built1910
- Price$ 499,900
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage4397
- Lot Size0.292 Acres
Data Source:
MLS of Greater Cincinnati (CABR)
Property Description
Solid brick triplex in an excellent location just a block from Rookwood Pavilion offering strong investment potential and convenience. This well-maintained property features two spacious 2-bedroom units and one 1-bedroom unit, providing multiple income opportunities. New boiler installed in 2023. All the tenants can park their vehicles on the side or in the back of the building. Building has two inviting front porches that add charm and curb appeal. Situated within walking distance to shopping, dining, and entertainment. unit 1). $1,400 long term tenant. 2). $1,500 just signed a new contract this year and unit 3). $1,000 long term tenant. Total rent total of $3,900 Property being sold AS-IS.
| Price History | |
|---|---|
| 5/16/2026 | Listed $549,900 |
| 6/12/2026 | 4$529,900 |
| 7/27/2026 | 3$515,000 |
| 9/8/2026 | 3$499,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Gas,Hot Water |
| Cooling | Window Unit,Central Air |
| Roof | Shingle |
| Garage | None |
| Unit 4 Rent | 0.0 |
| Unit 2 Rent | 1500.0 |
| Unit 3 Rent | 1000.0 |
| Unit 1 Rent | 1400.0 |
| Garage Spaces | 3.0 |
| Construction Materials | Brick |
| Year Built | 1910 |
| Levels | Three |
| Property Subtype | Multi Fam 2-4 units |
| County | Hamilton |
| Net Operating Income | 0.0 |
| Property Type | Residential Income |
| Close Price | 0.0 |
| Status | Active |
| Directions | Smith Rd left on Melrose |
| City | Norwood |
| High School District | Norwood City SD |
| Open Parking Spaces | 5 |
| Number Of Units Total | 3 |
| MLS Area | Hamilton-E02 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 12720.0 |
| Structure Type | Triplex |
Interior Features
| Basement | Full |
|---|---|
| Fireplace Features | Inoperable |
| Unit 1 Full Baths | 1 |
| Unit 2 Full Baths | 1 |
| Unit 3 Full Baths | 1 |
| Unit1Bedrooms | 2 |
| Unit2Bedrooms | 2 |
| Unit3Bedrooms | 1 |
| Window Features | Vinyl,Double Hung |
Exterior Features
| Parking Features | Off Street,Driveway |
|---|---|
| Water Source | Public |
| Foundation Details | Stone |
| Lot Size Acres | 0.292 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 45212
Price
Year Built
Visits
In The Neighborhood
Open House
Norwood
$ 399,900
- Type
- Multi-Family
Listed by Zakir Muradov of 3CRE Residential Advisors, LLC
Reduced
Norwood
$ 1,095,000
- Type
- Multi-Family
Listed by Anthony Jenkins of Keller Williams Seven Hills Re
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
