2134 Ross Avenue

Norwood OH 45212

5968 sq. ft.

Apartment

Last sold for $647,000

Shelby Kring, last sold this property on 30 April 2026 after 119 days on market.

Overview

Excellent multifamily investment opportunity in Norwood! This professionally managed, fully occupied 8-unit apartment building is located in a high-demand rental market and offers stable in-place income. The property generates $7,115 in gross monthly rental income, exceeding the commonly referenced 1% rule, making it an attractive option for investors focused on cash flow. Most units have been updated with a modern look, appealing to today's renters and supporting strong occupancy. The property features on-site laundry providing additional income, and tenants pay their own gas and electric, helping keep operating expenses low. The building also benefits from a membrane roof that was replaced in 2019, along with various capital improvements over time, including updates to select water heaters and furnaces. Conveniently located near major employers, shopping, dining, and transportation, this well-maintained asset presents a solid opportunity for investors.

Features

5968 sq. ft. lot size

Apartment

Estimated Value

Based on this property and similar apartments sold in Norwood over the last 12 months, the estimated median property value of 2134 Ross Avenue is $580.68k.

Median value

$580.68k

Estimated value range

$345k - $4.53m

Median days on market

Estimated value trend

30%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Norwood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2134 Ross Avenue

2026

Sold

$647,000

30 Apr 2026 by Shelby Kring, of Agora Realty Group

2019

Sold

$245,000

10 Jan 2019 by Zamaris Geleszinski, of Comey & Shepherd

Happy sellers in Norwood

We have insufficient information to provide an overview of customer satisfaction for Norwood. Viewing the agent profiles, reviews and sales for Norwood can provide insights for this location.