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Image 1 - 4431 Allison St, Cincinnati, Ohio, 45212 - House for sale
Image 2 - 4431 Allison St, Cincinnati, Ohio, 45212 - House for sale
Image 3 - 4431 Allison St, Cincinnati, Ohio, 45212 - House for sale
Image 4 - 4431 Allison St, Cincinnati, Ohio, 45212 - House for sale
Image 5 - 4431 Allison St, Cincinnati, Ohio, 45212 - House for sale
Image 6 - 4431 Allison St, Cincinnati, Ohio, 45212 - House for sale
Image 7 - 4431 Allison St, Cincinnati, Ohio, 45212 - House for sale
Image 8 - 4431 Allison St, Cincinnati, Ohio, 45212 - House for sale
Image 9 - 4431 Allison St, Cincinnati, Ohio, 45212 - House for sale
Allison St, Cincinnati, Home For Sale
4431 Allison St, Cincinnati, Ohio, 45212

Allison St, Cincinnati, Home For Sale

house for sale
Listed: 07/11/24

4431 Allison St, Cincinnati, Ohio, 45212

Studio Bed:
Save
Price
$ 1,75M

About This House

SABRE Group, LLC and HUFF Realty are proud to bring to you a multifamily investment opportunity in Norwood, Ohio. The Allisonia, located at 4431 Allison Street, is an historic and beautifully renovated multifamily property comprised of 10 oversized apartments (average size is1, 030square feet) producing an average effective rent of $1607/month. The unit mix includes 7 two-bed units and 4 three-bed units. The 11th unit was used as the staging/storage area for the renovation projects and is now ready to be renovated and occupied. The property features onsite laundry, as well as newly renovated backyards and resident parking facilities. According to our reality-based underwriting, the new owner can expect strong cash-on-cash returns of 9.14% in year 1, with current assumable debt in place.

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Norwood Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Norwood, United States averaged $303,435, a decrease of 4.4% from the previous month.
Median price trends for properties for sale in Norwood, United States as of June 2024.

Household Income

Median household income: $42,820
Number of households: 8,810
The average household income in Norwood, OH grew from $40,306 to $42,820 in the past year. This data is an estimate based upon 8,810 households in Norwood, OH.
The chart below presents how household income is distributed in Norwood, OH in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Norwood, OH compared to median property taxes around the country. The prevalent amount of property taxes in Norwood, OH equals $2k-$3k , which is less than the national average.