$449,900

4121 S Dixie Dr Moraine, OH 45439

Estimated payment $2,847/month

Total Views 19,255
6 Beds
5 Baths
4,284 Sq Ft
$105 Price per Sq Ft

Highlights

  • Attic
  • Covered Patio or Porch
  • Surveillance System
  • Southdale Elementary School Rated A-
  • Wood Frame Window
  • Parking Storage or Cabinetry

About This Home

Motivated to close in 2025! Extensively renovated 5-unit apartment building (four 1-BRs and one 2-BR) with no deferred maintenance. Unique commercially zoned property has stately appeal with a common, raised front porch that overlooks the brand new West Carrollton Intermediate School--directly across the street. Location is outstanding- only one block from Stroop and Kettering amenities. Four of 5 apartments are completely remodeled, remaining 1-BR substantially remodeled. Nearly new roof, most windows, furnaces, HVACs, on-demand gas hot water, flooring, appliances, cabinets and countertops throughout; new paint. Modern styling and quickly rentable. 2-BR has private laundry room and Common coin laundry and tenant storage area for other units; newly paved/ repaved and lined designated space parking lot. Electronic main door entries and 4-camera exterior security. New exterior aluminum trim, siding and paint. Nicely landscaped and attractive setting. Commercial appraisal conducted in December 2024: valued at $470K for bank loan. NOI analysis for full year of 2024 operations provided in supplemental documents, demonstrating net $43,000/ year after expenses (excluding mortgage) Expect as goos or better in 2025. Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.

Listing Agent

James Kinlaw

Outside The Box Real Estate Brokerage Phone: (937) 202-9001 Listed on: 09/01/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 111
  • Partially Fenced Property
  • Wood Fence

Home Design

  • Frame Construction
  • Wood Siding
  • Aluminum Siding
  • Shingle Siding
  • Vinyl Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 4,284 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Wood Frame Window
  • Aluminum Window Frames
  • Six Panel Doors
  • Basement Fills Entire Space Under The House
  • Surveillance System
  • Attic

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Private Parking
  • Driveway
  • Parking Lot

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 9/1/24
  • Assessor Parcel Number J44120911-0064

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $58,000
  • Net Operating Income $44,000

Property Details

Home Type

Multi-Family

Year Built

1935

Lot Details

0

Listing Details

  • Major Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Gas Water Heater
  • Cooling System: Other
  • Property Sub Type: Multi Family
  • Year Built: 1935
  • Attribution Contact: (937) 202-9001
  • Lease Assignable: No
  • Fencing: Partial, Wood
  • Lot Size Acres: 0.13
  • SecurityFeatures: Surveillance System
  • Co List Office Phone: (937) 202-9001
  • Ownership: Agent Owned
  • MLS Status: Active
  • Living Area: 4284.0
  • Window Features: Aluminum Frames, Insulated Windows, Wood Frames
  • Master Plan Zoning: Commercial,Multiple
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Kitchen Island, Laminate Counters, Pantry, Remodeled
  • Basement: Full, Partially Finished, Walk-Out Access
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: 6 Panel Door(s)
  • Stories: 3

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Aluminum Siding, Asphalt, Fiber Cement, Frame, Shingle Siding, Stucco, Vinyl Siding, Wood Siding
  • Exterior Features: Fence, Porch, Patio
  • Patio And Porch Features: Covered, Patio, Porch

Garage/Parking

  • Parking Features: Driveway, Parking Lot, Private, Storage

Utilities

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

Schools

  • Junior High Dist: West Carrollton

Lot Info

  • Lot Dimensions: 50 x 111
  • Lot Size Sq Ft: 5663.0
  • Parcel Number: J44120911-0064
  • Zoning Description: Commercial,Multiple

Rental Info

  • Tenant Pays: Electricity
  • Available Date: 2024-09-01

Multi Family

  • Annual Gross Income: 58000.0
  • Property Net Operating Income: 44000.0
  • Number Of Units Total: 5

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
08/21/2025 08/21/25 Price Changed $449,900 -3.2% $105 / Sq Ft
07/15/2025 07/15/25 Price Changed $465,000 -2.1% $109 / Sq Ft
12/19/2024 12/19/24 For Sale $475,000 0.0% $111 / Sq Ft
12/19/2024 12/19/24 Price Changed $475,000 -4.0% $111 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/01/2024 09/01/24 For Sale $495,000 -- $116 / Sq Ft
Source: Dayton REALTORS®

Source: Dayton REALTORS®

MLS Number: 918922

Dayton REALTORS®