NOT LISTED FOR SALE

Estimated Value: $122,000 - $137,550

8 Beds
4 Baths
2,880 Sq Ft
$44/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $120,000 $42 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $700/month

6 Days on Market

About This Home

As of June 2023

Welcome to the heart of the Gem City, where urban revitalization meets modern comfort. This brick 2 unit presents an incredible opportunity to invest in a thriving neighborhood that is experiencing a renaissance of its own. With its convenient location and contemporary upgrades, this property stands as an investment opportunity you don’t want to miss.
Each unit of this charming duplex boasts a spacious single-family feel. Each unit features 3 bedrooms, 1 bathroom and full unfinished basement with washer and dryer hook-up. Extended front porch for outdoor entertainment The main entry door offers added security. There are 3 covered parking spaces and additional off street parking in the rear of the property.
Both units currently rented for $965 and $750 per month. Tenants pay their own utilities.
Situated in the heart of the Salem Ave Corridor, this duplex is within walking distance to Grandview Hospital.
Investing in this duplex is not just a sound financial decision; it's an opportunity to be part of a vibrant community undergoing a transformation. With the ongoing gentrification of the Salem Ave Corridor, property values are poised to rise, presenting an exciting chance for investors.
Don't miss out on the chance to own this remarkable duplex in one of Dayton's most up-and-coming neighborhoods.

Last Agent to Sell the Property

Saunya Strickland

Coldwell Banker Heritage Brokerage Phone: (937) 748-5500 License #2018000194 Listed on: 06/06/2023

Coldwell Banker Heritage

Last Buyer's Agent

Matthew Allen

Glasshouse Realty Group License #2021007315

Glasshouse Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1923

Lot Details

  • 6,599 Sq Ft Lot

Parking

  • Carport

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number R72-06712-0002

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $20,580
  • Net Operating Income $20,580

Property Details

Home Type

Multi-Family

Year Built

1923

Lot Details

0

Listing Details

  • Cooling System: None
  • Property Sub Type: Duplex
  • Year Built: 1923
  • Attribution Contact: (937) 748-5500
  • Lot Size Acres: 0.1515
  • Co List Office Phone: (937) 748-5500
  • MLS Status: Closed
  • Carport Y N: Yes
  • Living Area: 2880.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • HeatingYN: Yes

Schools

  • Junior High Dist: Dayton

Lot Info

  • Lot Dimensions: .1515
  • Lot Size Sq Ft: 6599.0
  • Parcel Number: R72-06712-0002
  • Zoning Description: Residential

Multi Family

  • Annual Gross Income: 20580.0
  • Property Net Operating Income: 20580.0
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jun 26, 2023
Sold by
Lewis Ocheya and Lewis Myron
Bought by
Daxco Properties Llc
Seller's Agent
Saunya Strickland
Coldwell Banker Heritage
Buyer's Agent
Matthew Allen
Glasshouse Realty Group
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Views
29
Current Estimated Value
$127,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,869
Avg. Annual Appreciation
0.74%
Original Mortgage
$95,000
Outstanding Balance
$93,095
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$28,798

Purchase Details

Closed on
Jun 13, 2022
Sold by
Jones Johnny T and Jones Lisa J
Bought by
Lewis Ocheya

Purchase Details

Closed on
Dec 28, 2004
Sold by
Echols Mildred and Ware Mildred
Bought by
Jones Johnny T and Jones Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Daxco Properties Llc $120,000 Vantage Land Title
Lewis Ocheya $11,333 Ross Anne E
Jones Johnny T $61,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daxco Properties Llc $95,000
Previous Owner Jones Johnny T $48,000
Previous Owner Jones Johnny T $49,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $120,000 -11.1% $42 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $135,000 -- $47 / Sq Ft
Source: Dayton REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 -- $22,290 $3,730 $18,560
2023 $0 $22,290 $3,730 $18,560
2022 $1,510 $19,880 $3,340 $16,540
2021 $1,502 $19,880 $3,340 $16,540
2020 $1,499 $19,880 $3,340 $16,540
2019 $1,880 $22,540 $3,340 $19,200
2018 $1,883 $22,540 $3,340 $19,200
2017 $1,869 $22,540 $3,340 $19,200
2016 $2,009 $23,100 $3,340 $19,760
2015 $1,901 $23,100 $3,340 $19,760
2014 $1,901 $23,100 $3,340 $19,760
2012 -- $26,440 $4,130 $22,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dayton REALTORS®

MLS Number: 887315

Dayton REALTORS®

APN: R72-06712-0002