NOT LISTED FOR SALE

538 Forrer Blvd Dayton, OH 45419

Kettering Area
4 Beds
4 Baths
3,762 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: September 11, 2025

Last sale price $300,000 $80 Per Sq Ft

264 Days on Market

Highlights

  • 2 Car Attached Garage
  • Window Unit Cooling System
  • Baseboard Heating
  • Orchard Park Elementary School Rated A-
  • Parking Storage or Cabinetry

About This Home

As of September 2025

This multi-unit property in Kettering is fully set up with two units already rented, providing immediate rental income. Located in a vibrant neighborhood with easy access to schools, shops, and dining options, it’s an ideal choice for a long-term investment. Hating system is in process of upgrade. Consistent rental history with all units occupied, providing instant income in a desirable Kettering location with high rental demand.

Last Agent to Sell the Property

Christopher Sineno

Independence Realty Group LLC Brokerage Phone: (937) 986-8068 License #2019003503 Listed on: 10/31/2024

Last Buyer's Agent

Tim O'Bryant

Irongate Inc. License #0000432983

Irongate Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1945

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,762 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number N64-01010-0028

Community Details

Overview

  • 4 Units
  • Freedom Estates Sec 04 Subdivision

Building Details

  • Gross Income $28,820
  • Net Operating Income $17,277

Property Details

Home Type

Multi-Family

Year Built

1945

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Cooling System: Window Unit(s)
  • Property Sub Type: Multi Family
  • Year Built: 1945
  • Attribution Contact: (937) 986-8068
  • Lot Size Acres: 0.19
  • Co List Office Phone: (937) 986-8068
  • MLS Status: Closed
  • Living Area: 3762.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Garage Spaces: 2.0
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Two Car Garage, Storage

Utilities

  • Heating: Baseboard
  • Cooling Y N: Yes
  • HeatingYN: Yes

Schools

  • Junior High Dist: Kettering

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 8276.0
  • Parcel Number: N64-01010-0028
  • Zoning Description: Residential

Multi Family

  • Annual Gross Income: 28820.0
  • Property Net Operating Income: 17277.0
  • Number Of Units Total: 4

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Aug 15, 2025
Sold by
Bought by
Seller's Agent
Christopher Sineno
Independence Realty Group LLC
Buyer's Agent
Tim O'Bryant
Irongate Inc.
List Price
$300,000
Sold Price
$300,000
Views
524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.065%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,232,000
Interest Rate
0.0438%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 5, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
0.0387%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,610
Interest Rate
0.0787%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$300,000 Southern Ohio Real Estate Titl
$140,000 Vantage Land Title
$720,000 Vantage Land Title Inc
-- None Available
-- Attorney
$142,900 --
$135,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $300,000
Previous Owner $105,000
Previous Owner $1,232,000
Previous Owner $119,000
Previous Owner $128,610
Source: Public Records

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
09/11/2025 09/11/25 Sold $300,000 0.0% $80 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
06/18/2025 06/18/25 For Sale $300,000 0.0% $80 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
04/11/2025 04/11/25 Price Changed $300,000 -7.7% $80 / Sq Ft
12/30/2024 12/30/24 For Sale $325,000 0.0% $86 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $325,000 0.0% $86 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
11/26/2024 11/26/24 For Sale $325,000 0.0% $86 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $325,000 -- $86 / Sq Ft
Source: Dayton REALTORS®

Tax 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.

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 $4,771 $48,310 $12,080 $36,230
2024 $4,735 $48,310 $12,080 $36,230
2023 $4,735 $48,310 $12,080 $36,230
2022 $4,444 $42,000 $10,500 $31,500
2021 $4,239 $42,000 $10,500 $31,500
2020 $4,269 $42,000 $10,500 $31,500
2019 $4,628 $42,000 $10,500 $31,500
2018 $3,348 $29,560 $10,500 $19,060
2017 $3,096 $29,560 $10,500 $19,060
2016 $3,013 $29,560 $10,500 $19,060
2015 $2,917 $29,560 $10,500 $19,060
2014 $2,917 $29,560 $10,500 $19,060
2012 -- $32,590 $9,770 $22,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dayton REALTORS®

MLS Number: 922652

Dayton REALTORS®
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