$510,000
SOLD MAY 28, 2025
10 Beds
9 Baths
6,392 Sq Ft
0.27 Acres

Recently Sold

$80 Per Sq Ft

6% Below List Price

184 Days on Market

Highlights

  • 0.27 Acre Lot
  • Cooling Available
  • Baseboard Heating
  • Porch

About This Home

As of May 2025

Introducing a prime investment opportunity in the heart of Dayton, Ohio. This 6,392 SF multifamily property features nine well maintained apartment units, offering a lucrative income stream for savvy investors. There are eight 1-br, 1 bath apartments and
one 2 br, 1 bath townhouse apartment for a total of 9 units. Built in 1970, this low-rise building boasts a history of strong rental
demand and potential for increased value. Tenants appreciate the convenience of off-street parking and the autonomy of paying
for their own heat and electricity. The property is conveniently located on a bus line making it attractive for tenants. The owner
has recently replaced six out of nine water heaters. With the added comfort of thru-wall air conditioning, this property presents an
attractive package for those seeking to expand their multifamily investment portfolio. Don't miss out on this exceptional
opportunity to capitalize on the thriving Dayton real estate market.

Last Agent to Sell the Property

Doug Broomhall

West Fork Realty Group LLC Brokerage Phone: (513) 936-9110 Listed on: 11/25/2024

Last Buyer's Agent

Andrew Gaydosh

eXp Realty License #2001008598

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 6,392 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Full Bathrooms

Parking

  • No Garage
  • Private Parking
  • On-Street Parking
  • Parking Lot

Utilities

  • Cooling Available
  • Baseboard Heating

Additional Features

  • Porch
  • 0.27 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number R72-05709-0066

Community Details

Overview

  • 9 Units
  • City/Dayton Subdivision

Building Details

  • Gross Income $70,440
  • Net Operating Income $42,590

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Major Appliances: Range, Refrigerator
  • Cooling System: Wall Unit(s)
  • Property Sub Type: Multi Family
  • Year Built: 1970
  • Attribution Contact: (513) 936-9110
  • Lot Size Acres: 0.27
  • Co List Office Phone: (513) 936-9110
  • MLS Status: Closed
  • Living Area: 6392.0
  • Master Plan Zoning: Residential,Multiple
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Sewer: Storm Sewer
  • Property Type: Residential Income
  • Full Bathrooms: 9
  • Total Bedrooms: 10
  • Stories: 2

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Parking Lot, Private, On Street

Utilities

  • Heating: Baseboard, Electric
  • Utilities: Sewer Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Dayton

Lot Info

  • Lot Dimensions: multiple
  • Lot Size Sq Ft: 11761.0
  • Parcel Number: R72-05709-0066
  • Zoning Description: Residential,Multiple

Rental Info

  • Tenant Pays: Electricity, Heat

Multi Family

  • Annual Gross Income: 70440.0
  • Property Net Operating Income: 42590.0
  • Number Of Units Total: 9

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $510,000 -4.7% $80 / Sq Ft
03/20/2025 03/20/25 Price Changed $535,000 -0.9% $84 / Sq Ft
11/25/2024 11/25/24 For Sale $540,000 -- $84 / Sq Ft
Source: Dayton REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dayton REALTORS®

MLS Number: 924429

Dayton REALTORS®