Indian Mound Apartments

For Sale

2316-2318 Indian Mound Road, Norwood, OH 45212

This Norwood property for sale is located at 2316-2318 Indian Mound Road. The current listed sale price for Indian Mound Apartments is $769,900. Indian Mound Apartments is situated on a lot that is 0.22 acre in size.

Contacts

broker
Jennifer Donathan

Jennifer Donathan - KW - Advisors Realty

Property Details

  • Property Type Multi-Family
  • Property Size 5,950 SF
  • Units 10
  • Lot Size 0.22 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1959
  • Date Updated May 15, 2025
Discover the thriving Southwest Ohio - Cincinnati/Norwood market, where the Indian Mound Apartments offer an exceptional investment opportunity. Situated in a prime location, the property is surrounded by an array of desirable amenities and attractions, catering to the needs of prospective Multifamily / Low-Rise/Garden investors. Residents can enjoy proximity to the vibrant Norwood business district, giving them access to a variety of dining, shopping, and entertainment options. Additionally, the area boasts well-regarded schools, beautiful parks, and excellent transportation links, ensuring convenience and quality of life for tenants. With its strategic placement in this dynamic locale, the Indian Mound Apartments present a compelling prospect for investors seeking to capitalize on the flourishing Cincinnati/Norwood market. Norwood is home to Xavier University and Rookwood Commons & Pavilion along with many notable eateries & retailers including J. Alexander, Bravo, Taste of Belgium, Buca di Beppo, PF Changs, Jos A. Banks, Whole Foods, Victoria’s Secret and dozens more. The complex is less than 1 mile from the Norwood Lateral which leads to I-71 or I-75 Cincinnati’s 2 major interstates.Jennifer M. Donathan of KW Commercial and Kyle Woodland of Reinvest Consultants is pleased to introduce an exceptional investment opportunity in the Southwest Ohio - Cincinnati/Norwood area: a 5,950 SF, ten-unit property boasting 100% occupancy and a brick structure with pitched roofs that exude durability. Tenants pay electric, owner pays heat, water and trash. The building is heated by gas boiler. There are 10 one bed / one bath units. Built in 1959, this well-maintained gem offers a compelling value-add opportunity with below-market rents, providing the potential for increased revenue. With its strong rental history and prime location, this property presents an enticing prospect for investors looking to capitalize on the thriving Cincinnati/Norwood market.
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Highlights

  • Value Add Opportunity - Below Market Rents
  • Quality Brick Structure With Pitched Roofs
  • 100% Occupied
  • Off Street Parking - Onsite Laundry

Getting around

  • 67/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Norwood, OH
  • Neighborhood Norwood
  • Zip Code 45212
  • Market Cincinnati

Points of Interest

  • Findlay Market–Race

    5.25 miles

  • Brewery District

    5.25 miles

  • Findlay Market–Elm

    5.33 miles

  • Liberty & Race

    5.37 miles

  • Hanke Exchange

    5.37 miles

  • Liberty & Elm

    5.42 miles

  • Court & Main

    5.43 miles

  • 12th & Vine

    5.48 miles

  • 8th & Main

    5.52 miles

  • Central Parkway

    5.53 miles

  • UDF Fuel

    0.29 miles

  • BP

    0.39 miles

  • Speedway

    0.88 miles

  • Tesla Supercharger

    1.28 miles

  • Shell

    1.29 miles

  • United Dairy Farmers

    1.41 miles

  • Kroger

    1.42 miles

  • Marathon

    1.53 miles

  • Daniels Street Fast Charger

    4.24 miles

  • Clifton Court Garage Charging Station

    4.39 miles

  • Cincinnati Police Department District 4

    1.51 miles

  • Cintas Center East Parking Area

    1.69 miles

  • Lot 2

    1.97 miles

  • Lot 1

    1.98 miles

  • Central Parking

    2.01 miles

  • Church/school Parking

    2.16 miles

  • Church of the Redeemer

    2.21 miles

  • Mt. Lookout Animal Hospital Parking

    2.89 miles

  • Funeral Home Parking

    2.91 miles

  • Mount Lookout Square

    2.95 miles

  • Gateway Lodge Motel

    1.24 miles

  • Homewood Suites

    1.25 miles

  • Quality Inn & Suites

    1.34 miles

  • Courtyard Cincinnati Midtown/Rookwood

    1.35 miles

  • Residence Inn Cincinnati Midtown/Rookwood

    1.38 miles

  • Days Inn

    1.59 miles

  • Hilton Garden Inn Midtown

    1.81 miles

  • Holiday Inn Express & Suites Cincinnati NE - Redbank Road

    2.57 miles

  • Comfort Inn & Suites

    3.17 miles

  • Graduate by Hilton Cincinnati

    3.85 miles

  • Kroger

    0.80 miles

  • ALDI

    1.15 miles

  • Meijer

    1.25 miles

  • Target

    1.34 miles

  • Freshmarket

    1.45 miles

  • Whole Foods Market

    1.63 miles

  • Kroger Hyde Park

    1.98 miles

  • Kohl's

    2.01 miles

  • Walmart Supercenter

    2.86 miles

  • Sycamore Plaza

    4.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jennifer Donathan

Jennifer Donathan - KW - Advisors Realty

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