$1,200,000

1241 Devon Ave Dayton, OH 45429

Estimated payment $7,511/month

24 Beds
14 Baths
9,408 Sq Ft
$128 Price per Sq Ft

Highlights

  • 0.62 Acre Lot
  • Oakview Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

Exceptional 13-unit multi-family investment opportunity consisting of a well-maintained 12-unit brick apartment building and a separate detached single-family home, offering strong cash flow and versatility in a proven rental market. The property features 11 spacious 2-bedroom units and 2 large 1-bedroom units, with the majority of units having been tastefully updated in recent years with modern kitchens, updated bathrooms, fresh paint, and contemporary flooring. Each individual unit is separately metered with its own water heater and forced-air furnace, allowing for tenant-paid utilities and simplified maintenance and accounting. The roof on the main building is less than 3 years old, providing long-term protection and significantly reducing near-term capital expenditure requirements. The inclusion of the detached single-family home adds flexibility for owner-occupancy, manager’s residence, or additional rental income. This turnkey portfolio combines solid construction, recent improvements, low deferred maintenance, and excellent income potential through remaining cosmetic enhancements or market rent growth. Rent roll, and P & L available upon request. Properties of this caliber with individual mechanical systems and a newer roof do not last long—schedule your private showing today!

Listing Agent

Robert Speckert

eXp Realty Brokerage Phone: 513-478-7599 License #2019003755 Listed on: 01/12/2026

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9,408 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 14 Full Bathrooms

Additional Features

  • 0.62 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number N64-03818-0001

Community Details

Overview

  • 13 Units
  • Tr Price Subdivision

Building Details

  • Gross Income $150,660

Property Details

Home Type

Multi-Family

Year Built

1971

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Property Sub Type: Multi Family
  • Year Built: 1971
  • Attribution Contact: 513-478-7599
  • Lot Size Acres: 0.62
  • Co List Office Phone: (866) 212-4991
  • MLS Status: Active
  • Living Area: 9408.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Property Type: Residential Income
  • Full Bathrooms: 14
  • Total Bedrooms: 24
  • Stories: 2

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: Electric, Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes

Schools

  • Junior High Dist: Kettering

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 27007.0
  • Parcel Number: N64-03818-0001
  • Zoning Description: Residential

Multi Family

  • Annual Gross Income: 150660.0
  • Number Of Units Total: 13

Map

Range of Values:

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Value Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,827 $149,640 $39,060 $110,580
2024 $14,715 $149,640 $39,060 $110,580
2023 $14,715 $149,640 $39,060 $110,580
2022 $12,839 $120,680 $31,500 $89,180
2021 $12,250 $120,680 $31,500 $89,180
2020 $12,337 $120,680 $31,500 $89,180
2019 $12,236 $112,460 $31,500 $80,960
2018 $12,386 $112,460 $31,500 $80,960
2017 $11,771 $112,460 $31,500 $80,960
2016 $11,712 $112,460 $31,500 $80,960
2015 -- $112,460 $31,500 $80,960
2014 -- $112,460 $31,500 $80,960
2012 -- $155,250 $26,460 $128,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2026 01/12/26 For Sale $1,200,000 +20.6% $128 / Sq Ft
04/25/2023 04/25/23 Sold $995,000 0.0% $106 / Sq Ft View Prior Sale
03/02/2023 03/02/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $995,000 -- $106 / Sq Ft
Source: Dayton REALTORS®

Source: Dayton REALTORS®

MLS Number: 950513

Dayton REALTORS®