$450,000

251 N Smithville Rd Dayton, OH 45403

Wright View Neighborhood

Estimated payment $2,848/month

Total Views 36
10 Beds
7 Baths
4,920 Sq Ft
$91 Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • Cooling Available
  • Baseboard Heating
  • Double Pane Windows
  • Parking Storage or Cabinetry

About This Home

Incredible Investment Opportunity in Wright View! This multi-family property offers nearly 5,000 sq. ft. of total living space and is fully occupied, making it a true turnkey investment. The building consists of 1 studio apartment, 2 one-bedroom apartments, and 4 two-bedroom apartments, providing excellent unit variety to attract a wide range of tenants. With an impressive cap rate nearing 10% and strong cash flow, this property is ideal for both the beginning investor and the seasoned pro looking to expand their portfolio. The building is well-maintained, income-producing, and packed with potential to continue delivering steady returns. Opportunities like this don’t come often—secure your place in the heart of Dayton’s Wright View neighborhood with a multi-family property that checks all the boxes: space, income, and long-term investment value. Fully occupied. Ready for its new owner.

Listing Agent

Jon Murray

Howard Hanna Real Estate Serv License #2005004224 Listed on: 09/10/2025

Howard Hanna Real Estate Serv

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 132x84

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4,920 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number R72-04811-0149

Community Details

Overview

  • 7 Units
  • City/Dayton Rev Subdivision

Building Details

  • Gross Income $63,000
  • Net Operating Income $44,304

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

1

Listing Details

  • Major Appliances: Range, Refrigerator, Electric Water Heater
  • Cooling System: Wall Unit(s)
  • Property Sub Type: Multi Family
  • Year Built: 1964
  • Lot Size Acres: 0.25
  • Co List Office Phone: (937) 435-1177
  • MLS Status: Active
  • Living Area: 4920.0
  • Window Features: Double Pane Windows
  • Master Plan Zoning: Residential,Commercial
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Garage Spaces: 1.0
  • Property Type: Residential Income
  • Full Bathrooms: 7
  • Total Bedrooms: 10
  • Stories: 2

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Detached, Garage, One Car Garage, Parking Lot, Storage

Utilities

  • Heating: Baseboard, Electric
  • Utilities: Sewer Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Dayton

Lot Info

  • Lot Dimensions: 132x84
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: R72-04811-0149
  • Zoning Description: Residential,Commercial

Multi Family

  • Annual Gross Income: 63000.0
  • Property Net Operating Income: 44304.0
  • Number Of Units Total: 7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 For Sale $450,000 -- $91 / Sq Ft
Source: Dayton REALTORS®

Source: Dayton REALTORS®

MLS Number: 943287

Dayton REALTORS®
Ohio Montgomery County Dayton 45403 Wright View

251 N Smithville Rd, Dayton, OH

This home is located at 251 N Smithville Rd, Dayton, OH 45403 and is currently priced at $450,000, approximately $91 per square foot. This property was built in 1964. 251 N Smithville Rd is a home located in Montgomery County with nearby schools including Ruskin Elementary School, Kiser Elementary, and Horizon Science Academy Dayton Downtown.

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.

Dayton REALTORS® 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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Jon Murray
Listing Agent
Jon Murray
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Howard Hanna Real Estate Serv
(326) 626-2127