1723 Mcarthur Ave Dayton, OH 45417
Highview Hills NeighborhoodEstimated payment $3,465/month
About This Home
Welcome to an investor's dream opportunity! This expansive property boasts a two-story brick building with 8 units, each offering 2 bedrooms and 1 bathroom, along with an additional single-family residence. This property is a prime investment with Section 8 qualification, ensuring stable income from subsidized tenants, along with yearly inspections for added peace of mind.
With a focus on low maintenance and strong cash flow, this property has undergone updates throughout, promising hassle-free ownership and consistent returns. From its well-maintained units to its strategic location, this offering presents an exceptional opportunity for investors seeking long-term growth and profitability.
Don't miss your chance to secure this coveted multi-unit property, renowned among investors for its reliability and profitability. Act now to capitalize on this rare opportunity and add a prized asset to your investment portfolio. R72 16801 0109 and R72 16801 0168 convey.
Listing Agent
Agora Realty Group Brokerage Phone: (937)901-8500 License #2014000983 Listed on: 03/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $669
Year Built
- 1965
Parking
- No Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
Interior Spaces
- 5,440 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 19 Bedrooms
- 9 Full Bathrooms
Additional Features
- 9,148 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number R72-16801-0168
Community Details
Overview
- 9 Units
- City/Dayton Rev Subdivision
Building Details
- Gross Income $85,433
- Net Operating Income $29,800
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 |
|---|---|---|---|---|
| 2024 | $669 | $11,330 | $4,210 | $7,120 |
| 2023 | $669 | $11,330 | $4,210 | $7,120 |
| 2022 | $768 | $10,110 | $3,760 | $6,350 |
| 2021 | $764 | $10,110 | $3,760 | $6,350 |
| 2020 | $762 | $10,110 | $3,760 | $6,350 |
| 2019 | $896 | $10,760 | $3,760 | $7,000 |
| 2018 | $898 | $10,760 | $3,760 | $7,000 |
| 2017 | $891 | $10,760 | $3,760 | $7,000 |
| 2016 | $919 | $10,560 | $3,760 | $6,800 |
| 2015 | $870 | $10,560 | $3,760 | $6,800 |
| 2014 | $870 | $10,560 | $3,760 | $6,800 |
| 2012 | -- | $10,850 | $3,740 | $7,110 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Price Changed | $639,900 | -1.5% | $118 / Sq Ft |
| 03/28/2025 03/28/25 | For Sale | $649,900 | -- | $119 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | None Listed On Document | |
| Warranty Deed | $160,000 | Natil Title | |
| Quit Claim Deed | $136,000 | None Available | |
| Warranty Deed | $140,000 | Fidelity Lawyers Title Agenc | |
| Quit Claim Deed | -- | Fidelity Lawyers Title Agenc | |
| Quit Claim Deed | -- | Fidelity Lawyers Title Agenc | |
| Warranty Deed | $160,000 | Fidelity Lawyers Title Agenc | |
| Limited Warranty Deed | -- | Fidelity Lawyers Title Agenc | |
| Land Contract | $785,000 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $25,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $340,000 | New Conventional | |
| Previous Owner | $128,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $128,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $105,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $785,000 | Seller Take Back |
Source: Dayton REALTORS®
MLS Number: 930690
APN: R72-16801-0109
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.
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