$530,000
UNDER CONTRACT

Estimated payment $3,458/month

Total Views 5,957
11 Beds
9 Baths
8,288 Sq Ft
$64 Price per Sq Ft

About This Home

Introducing an exceptional investment opportunity in Dayton, Ohio! This 8,288 SF multifamily property, nestled on Lakeview Ave, features a meticulously maintained 9-unit building erected in 1959. With a high occupancy rate, this property offers seven 1-bedroom, 1 bath apartments and two 2-bedroom, 1 bath apartments, with six of those units beautifully renovated. Tenants will appreciate the convenience of washer & dryer hookups and off-street parking. Tenants are responsible for heat and electricity. There are 65% new furnaces/water heaters Don’t miss out on this turnkey, income-generating asset! Also, there is pre-arranged bank financing from Richwood Bank that may be available to you. Please call agent for details.

Listing Agent

Doug Broomhall

West Fork Realty Group LLC Brokerage Phone: (513) 936-9110 Listed on: 05/08/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 150'x40'

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 8,288 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Full Bathrooms

Parking

  • No Garage
  • Parking Lot

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R72-09608-0009

Community Details

Overview

  • 9 Units
  • City/Dayton Rev Subdivision

Building Details

  • Gross Income $80,517
  • Net Operating Income $52,235

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Major Appliances: Range, Refrigerator
  • Cooling System: Window Unit(s)
  • Property Sub Type: Multi Family
  • Year Built: 1959
  • Attribution Contact: (513) 936-9110
  • Lot Size Acres: 0.14
  • Co List Office Phone: (513) 936-9110
  • MLS Status: Active Under Contract
  • Living Area: 8288.0
  • Master Plan Zoning: Residential,Multiple
  • Property Sub Type Additional: Multi Family
  • Special Features: UnderContract

Interior Features

  • Sewer: Storm Sewer
  • Property Type: Residential Income
  • Full Bathrooms: 9
  • Total Bedrooms: 11
  • Stories: 2

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Dayton

Lot Info

  • Lot Dimensions: 150'x40'
  • Lot Size Sq Ft: 6098.0
  • Parcel Number: R72-09608-0009
  • Zoning Description: Residential,Multiple

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Annual Gross Income: 80517.0
  • Property Net Operating Income: 52235.0
  • Number Of Units Total: 9

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
05/08/2025 05/08/25 For Sale $530,000 -- $64 / Sq Ft
Source: Dayton REALTORS®

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Source: Dayton REALTORS®

MLS Number: 933743

Dayton REALTORS®