$640,000

290 E Alex Bell Rd Dayton, OH 45459

Estimated payment $4,090/month

12 Beds
24 Baths
6,660 Sq Ft
$96 Price per Sq Ft

Highlights

  • Detached Garage
  • Primary Village North Rated A-
  • Forced Air Heating and Cooling System

About This Home

Excellent investment opportunity with this well-maintained four-unit multifamily property built by Zengel. Each of the four identical units offers approximately 1,550 square feet of living space, featuring spacious bedrooms, two full bathrooms, and a primary suite with dual closets. All units are currently occupied, providing immediate rental income with current monthly rents of $1,395, $1,363, $1,306, and $1,251. Tenants pay their own electric utilities, helping to reduce owner expenses. Each unit includes a dedicated carport space, with additional open parking available in the lot. One unit recently received a new HVAC system, and the roof is estimated to be approximately 10-15 years old. Conveniently located across from Cross Pointe Shopping Center with easy access to I-675, this property is close to dining, medical facilities including Miami Valley Hospital South, and several local parks, making it an attractive option for tenants and investors alike.

Listing Agent

Myrna Gazzerro

Coldwell Banker Heritage Brokerage Phone: (937) 434-7600 License #2016006233 Listed on: 06/24/2026

Coldwell Banker Heritage

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Lot Details

  • 17,860 Sq Ft Lot
  • Lot Dimensions are 127x143

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Siding

Interior Spaces

  • 6,660 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 24 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number O68-00914-0006

Community Details

Overview

  • 4 Units
  • Pleasant Hill Subdivision

Building Details

  • Gross Income $59,366
  • Net Operating Income $31,332

Property Details

Home Type

Multi-Family

Year Built

1971

Lot Details

0.41 Acres

Listing Details

  • Major Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer, Electric Water Heater
  • Cooling System: Central Air
  • Property Sub Type: Multi Family
  • Cross Street: Cedarleaf Drive
  • Year Built: 1971
  • Attribution Contact: (937) 434-7600
  • Lot Size Acres: 0.41
  • SecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: (937) 434-7600
  • MLS Status: Active
  • Living Area: 6660.0
  • Window Features: Aluminum Frames
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Interior Amenities: Laminate Counters
  • Property Type: Residential Income
  • Full Bathrooms: 24
  • Total Bedrooms: 12
  • Stories: 2

Exterior Features

  • Construction Type: Brick, Shingle Siding
  • Foundation Details: Slab

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Centerville

Lot Info

  • Lot Dimensions: 127x143
  • Lot Size Sq Ft: 17860.0
  • Parcel Number: O68-00914-0006
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Annual Gross Income: 59366.0
  • Property Net Operating Income: 31332.0
  • Number Of Units Total: 4

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/24/2026 06/24/26 For Sale $640,000 -- $96 / Sq Ft
Source: Dayton REALTORS®

Source: Dayton REALTORS®

MLS Number: 960797

Dayton REALTORS®
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