2291 Patterson Rd Dayton, OH 45420
Estimated payment $4,753/month
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.
Property Details
Home Type
- Multi-Family
Year Built
- 1920
Lot Details
- 6,599 Sq Ft 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Fidelity Lawyers Ttl Agcy Ll |
Source: Dayton REALTORS®
MLS Number: 948015
APN: N64-00406A0002
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Ask me questions while you tour the home.