4121 S Dixie Dr Moraine, OH 45439
Estimated payment $2,847/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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®
MLS Number: 918922

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