$229,900
PENDING

Estimated payment $1,515/month

Total Views 153
4 Beds
4 Baths
3,648 Sq Ft
$63 Price per Sq Ft

About This Home

Turnkey investment opportunity! This income-generating 4-unit apartment building is the perfect addition to any investor’s portfolio, offering immediate cash flow with major capital improvements already completed. The property features a brand-new roof and recently renovated units, providing modern finishes that attract and retain quality tenants. In 2023, the building underwent significant upgrades including updated electrical systems, new baseboard heating, and a new water heater, giving peace of mind and reducing future maintenance costs. Each unit is separately metered for gas and electric, allowing tenants to cover their own utilities—keeping expenses low and boosting overall returns. One unit has been intentionally left vacant, creating a prime opportunity for an owner-occupant or allowing a new investor to lease at current market rents and further increase income. With strong in-place income and additional upside potential, this property presents an attractive cap rate opportunity for investors seeking both immediate cash flow and long-term appreciation. The combination of major recent improvements, reduced maintenance risk, and utility pass-through structure positions this asset for efficient, predictable performance. Whether you’re looking to house hack or expand your portfolio, this is a low-maintenance, high-performing asset you don’t want to miss.

Listing Agent

Rion Freeman

Red 1 Realty Brokerage Phone: 937-469-7552 License #2020004959 Listed on: 03/26/2026

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1945

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x107

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number R72-11206-0008

Community Details

Overview

  • 4 Units
  • City/Dayton Rev Subdivision

Building Details

  • Gross Income $26,700
  • Net Operating Income $21,362

Property Details

Home Type

Multi-Family

Year Built

1945

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Cooling System: None
  • Property Sub Type: Multi Family
  • Year Built: 1945
  • Attribution Contact: 937-469-7552
  • Lot Size Acres: 0.15
  • Co List Office Phone: (937) 689-6134
  • MLS Status: Pending
  • Living Area: 3648.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: Baseboard
  • Cooling Y N: No
  • HeatingYN: Yes

Schools

  • Junior High Dist: Dayton

Lot Info

  • Lot Dimensions: 60x107
  • Lot Size Sq Ft: 6534.0
  • Parcel Number: R72-11206-0008
  • Zoning Description: Residential

Multi Family

  • Annual Gross Income: 26700.0
  • Property Net Operating Income: 21362.0
  • Number Of Units Total: 4

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $3,323 $32,640 $6,480 $26,160
2024 $3,181 $32,640 $6,480 $26,160
2023 $3,181 $32,640 $6,480 $26,160
2022 $2,420 $22,060 $4,380 $17,680
2021 $2,445 $22,060 $4,380 $17,680
2020 $2,762 $24,880 $4,380 $20,500
2019 $3,095 $27,150 $4,380 $22,770
2018 $3,105 $27,150 $4,380 $22,770
2017 $3,099 $27,150 $4,380 $22,770
2016 $3,186 $27,150 $4,380 $22,770
2015 $3,061 $27,150 $4,380 $22,770
2014 $3,061 $27,150 $4,380 $22,770
2012 -- $25,540 $3,980 $21,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2026 03/29/26 Pending -- -- --
03/26/2026 03/26/26 For Sale $229,900 -- $63 / Sq Ft
Source: Dayton REALTORS®

Source: Dayton REALTORS®

MLS Number: 954992

Dayton REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.