Date
Details
Price
Change
Source
6/12/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$550,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 1988 Lexington Ave
General
- Price: $550,000
- Status: Active
- Type: Duplex
- Source: Cincinnati
- MLS ID: 1881211
- Updated: Today (6/12/2026)
- Added to Site: Today
Exterior
- Exterior Features: Porch
Parking
- Total Spaces: 4
- Parking: Off-Street Parking, On-Street Parking, Driveway
Location
- Area: Norwood
- County: Hamilton
- Township: Norwood City
- Driving Directions: Montgomery Rd. South to Left on Lexington
School Information
- School District: Norwood City SD
- High School District: Norwood City SD
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air Conditioning
- Separate Air Cond.: Yes
- Heating Type: Gas
- Heating Fuel: Natural
- Separate Furnace: Yes
Utilities
- Separate Gas/Elect: Yes
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Three Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Block
- Roof: Shingle
- Windows: Wood
- Stories/Levels: Three
- Square Feet: 2,562
- Year Built: 1912
Unit Information
- 3 Bedroom Units: 2
Unit 1
- Bedrooms: 3
Unit 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.172
- Lot Size (Sq. Ft.): 7,492
Financial Considerations
- Semi-Annual Taxes: $3220
- Tenant Expense: Heat, Water
- Pays Heat: Tenant
- Pays Water: Tenant
Disclosures and Reports
- APN: 651-0057-0030-00
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Meet the listing agent
Meet the listing agent
— 1988 Lexington Ave —
(513) 382-4109 mobile
(513) 321-9944 office
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1988 Lexington Ave
School District:Norwood City School District
| Name | Grades | Distance |
|---|---|---|
Williams Avenue Elementary School 2132 Williams Ave, Norwood, OH 45212 | PK-5 | 0.4 mi |
Norwood Middle School 2060 Sherman Avenue, Norwood, OH 45212 | 6-8 | 1 mi |
Norwood High School 2020 Sherman Avenue, Norwood, OH 45212 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1988 Lexington Ave
Tax History
Tax History for 1988 Lexington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,441
—
$121,104
—
2024
$6,443
-1%
$121,104
—
2023
$6,478
46%
$121,104
69%
2021
$4,426
-26%
$71,750
-23%
2022
$5,950
34%
$93,744
31%
2020
$4,426
8%
$71,750
17%
2019
$4,111
-4%
$61,377
—
2018
$4,292
9%
$61,377
—
2017
$3,930
19%
$61,377
34%
2016
$3,303
21%
$45,900
—
2015
$2,724
—
$45,900
—
2014
$2,712
5%
$45,899
4%
2013
$2,580
—
$44,132
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1988 Lexington Ave
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,308Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 2,063Sq. Ft.
- Single Family
- Active
- Updated 11 hours ago
- 3Beds
- 3Total Baths
- 1,336Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,850Sq. Ft.
Listed by Cody King (513) 532-1933
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 1,539Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 1Total Bath
- 888Sq. Ft.
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- Single Family
- Closed
- 4Beds
- 4Total Baths
- 2,946Sq. Ft.
Sold by Michelle Hudepohl Group
- Single Family
- Closed
- 5Beds
- 5Total Baths
- 4,018Sq. Ft.
Listed by Tim Hinde
1988 Lexington Avenue, Norwood, OH 45212 (MLS# 1881211) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1988 Lexington Avenue is currently listed for $550,000 and was received on June 12, 2026. This property is listed by The Gibler Team from our Hyde Park Regional Office.Want to learn more about 1988 Lexington Avenue? Do you have questions about finding other Duplex real estate for sale in Norwood? You can browse all Norwood real estate or contact a Coldwell Banker agent to request more information.