$749,900

2291 Patterson Rd Dayton, OH 45420

Estimated payment $4,401/month

Total Views 9,122
4 Beds
2 Baths
5,096 Sq Ft
$147 Price per Sq Ft

About This Home

Prime Mixed-Use Investment Opportunity in Kettering School District. Discover an exceptional addition to your portfolio with this impressive mixed-use property offering multiple income streams, stable tenancy, and strong financial performance. Ideally located within the Kettering School District, this property sits just minutes from major thoroughfares—including I-35, I-675, Patterson Park, Shroyer Park, Oakwood, Kettering, and Beavercreek—providing unbeatable accessibility and visibility. This versatile asset features four street-level retail storefronts with excellent exposure and steady traffic counts, perfect for a variety of business types. Above, you’ll find two well-maintained residential apartments, each offering two bedrooms and one bathroom—consistently desirable units that attract quality, long-term tenants. In addition, the property includes a spacious warehouse with over 1,000 sq. ft., ideal for storage, operations, or additional income potential. Investors will appreciate the handsome cap rate, positive cash-on-cash return, and strong, stable cash flow generated by this well-performing property. With multiple avenues for value enhancement and diverse tenant types supporting consistent income, this is a rare opportunity to secure a high-performing asset in a thriving, high-demand area. Whether you’re expanding your portfolio or seeking a reliable stand-alone investment, this property delivers flexible utility, strong financials, and long-term stability—an opportunity that shouldn’t be missed.

Listing Agent

Jon Murray

Howard Hanna Real Estate Serv License #2005004224 Listed on: 11/18/2025

Howard Hanna Real Estate Serv

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x133

Home Design

  • Frame Construction

Interior Spaces

  • 5,096 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number N64-00406A0002

Community Details

Overview

  • 7 Units
  • Richman Heights Subdivision

Building Details

  • Gross Income $73,200
  • Net Operating Income $60,873

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Lot Size Acres: 0.303
  • Co List Office Phone: (937) 435-1177
  • MLS Status: Active
  • Living Area: 5096.0
  • Master Plan Zoning: Commercial
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Parking Lot

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Kettering

Lot Info

  • Lot Dimensions: 100x133
  • Lot Size Sq Ft: 6599.0
  • Parcel Number: N64-00406A0002
  • Zoning Description: Commercial

Multi Family

  • Annual Gross Income: 73200.0
  • Property Net Operating Income: 60873.0
  • Number Of Units Total: 7

Map

Range of Values:

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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 $5,805 $53,990 $9,240 $44,750
2024 $5,381 $53,990 $9,240 $44,750
2023 $5,381 $53,990 $9,240 $44,750
2022 $5,710 $53,990 $9,240 $44,750
2021 $5,447 $53,990 $9,240 $44,750
2020 $5,485 $53,990 $9,240 $44,750
2019 $5,039 $46,530 $9,240 $37,290
2018 $5,101 $46,530 $9,240 $37,290
2017 $4,846 $46,530 $9,240 $37,290
2016 $4,822 $46,530 $9,240 $37,290
2015 $4,672 $46,530 $9,240 $37,290
2014 $4,672 $46,530 $9,240 $37,290
2012 -- $43,540 $8,590 $34,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 For Sale $749,900 -- $147 / Sq Ft
Source: Dayton REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 Fidelity Lawyers Ttl Agcy Ll
Source: Public Records

Source: Dayton REALTORS®

MLS Number: 948015

Dayton REALTORS®

APN: N64-00406A0002