245 Valleyview Dr Dayton, OH 45405
Hillcrest NeighborhoodEstimated payment $1,515/month
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
Red 1 Realty Brokerage Phone: 937-469-7552 License #2020004959 Listed on: 03/26/2026
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
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 |
|---|---|---|---|---|
| 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 |
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®
MLS Number: 954992
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Ask me questions while you tour the home.