About This Home

This 0-bedroom, 0-bathroom residential multi family at 2541 Melrose Avenue in Norwood, OH is listed for $484,900 ($110 per sqft). Built in 1910, the home offers 4,397 sqft of living space on a 0.29 acres lot.

Key Features

  • Built in 1910
  • 0.29 acre lot
  • Fireplace

Property Details

3-car garage
1910

Amenities

Fireplace
Listing 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.

Monthly Cost Estimate

$2,593/mo

20% down · 6.5% · 30 years

Principal$351
Interest$2,101
Insurance$141

Estimates only. Actual payments may vary.

Location

2541 Melrose Avenue

Norwood, OH 45212

Property Details

Construction

Brick

Parking

Off StreetDriveway

Heating

Natural GasHot Water(Heating)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2541 Melrose Avenue is listed at $484,900 ($110/sqft). The estimated monthly payment is $2,593 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.29 acre lot, Fireplace.

This property is listed by Jason Smith.

JS

Jason Smith

Agent at Plum Tree Realty

Listed by Plum Tree Realty · Broker phone: (513) 378-4663 · View on Broker Site · Broker website

MLS# 1879571· Source: MLS of Greater Cincinnati, Inc.· 168 days on PropertySimple

Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2541 Melrose Avenue, Norwood, OH 45212

Open this listing in: