409 Crawford St Middletown, OH 45044
Sherman NeighborhoodAbout This Home
Turn-key or value add investment dream. This all brick construction, high-performing investment property is generating approximately $5,000/month through its current room rental setup. This multi-level building offers immediate cash flow with additional upside for investors looking to maximize returns. The upper levels are currently configured for room rentals, providing consistent income, while the lower level offers a flexible space that can be utilized for commercial or business use. For those seeking to increase long-term revenue, there is strong potential to convert the lower level into additional residential units, creating a fully apartment-style property. Whether you're looking to continue operating as-is for steady income or reposition the asset for higher rents and appreciation, this property offers multiple strategies to fit your investment goals.
Listing Agent
Agora Realty Group Brokerage Phone: 770.833.3280 License #2025001320 Listed on: 03/20/2026
Property Details
Home Type
- Multi-Family
Year Built
- 1974
Lot Details
- 5,153 Sq Ft Lot
- Lot Dimensions are 45 x 115
Parking
- No Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 6,802 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number Q6541-004-000-151
Community Details
Overview
- Middletown Subdivision
Building Details
- Gross Income $60,000
- Net Operating Income $42,000
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 | $23,136 | $36,570 | $1,890 | $34,680 |
| 2024 | $23,136 | $36,570 | $1,890 | $34,680 |
| 2023 | $2,355 | $36,570 | $1,890 | $34,680 |
| 2022 | $13,061 | $36,570 | $1,890 | $34,680 |
| 2021 | $2,354 | $36,570 | $1,890 | $34,680 |
| 2020 | $3,308 | $49,520 | $1,890 | $47,630 |
| 2019 | $3,216 | $45,140 | $3,030 | $42,110 |
| 2018 | $3,287 | $45,140 | $3,030 | $42,110 |
| 2017 | $3,301 | $45,140 | $3,030 | $42,110 |
| 2016 | $3,396 | $45,140 | $3,030 | $42,110 |
| 2015 | $3,347 | $45,140 | $3,030 | $42,110 |
| 2014 | $3,010 | $45,140 | $3,030 | $42,110 |
| 2013 | $3,010 | $43,810 | $3,030 | $40,780 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2026 03/20/26 | For Sale | $289,000 | -- | $42 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $190,000 | None Listed On Document | |
| Warranty Deed | $110,000 | None Available | |
| Quit Claim Deed | -- | Attorney | |
| Fiduciary Deed | $90,000 | Midland Title Security Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $72,000 | Commercial |
Source: Dayton REALTORS®
MLS Number: 954575
APN: Q6541-004-000-151
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Ask me questions while you tour the home.