1241 Devon Ave Dayton, OH 45429
Estimated payment $7,511/month
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
eXp Realty Brokerage Phone: 513-478-7599 License #2019003755 Listed on: 01/12/2026
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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®
MLS Number: 950513
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