Introducing a prime investment opportunity! This fully occupied property, built in 1958, boasts a 4,794 SF building, with eight 2-bedroom, 1-bath units, offering a lucrative rental income stream. Situated in the vibrant Dayton area, this property has undergone significant improvements, including a new roof in October 2024. Whether you're an established investor or entering the multifamily market, this property offers a compelling opportunity to enhance your portfolio and maximize returns. recent updates include: New Roof 2024 $28,600 Front Gutters Replaced 2026 $4,150 HVAC Improvements (4 Furnaces & 8 A/C Units) 2021 $24,400 Water Heater Replacements (Various Units) 2016–2023 $7,000 Electrical Service Upgraded to 100 AMP 2019 Included Select Window Replacements 2021–2025 $5,000 Interior Unit Renovations & Updates (Flooring, Kitchens, Bathrooms, Paint & Misc. Improvements) 2021–2025 $64,000
Multi-familyProperty Type
1958Year Built
0.35 acresLot Size
$125Price/Sq.Ft.
Listed by Douglas Broomhall• West Fork Realty Group LLC
Old North Dayton, located between Downtown Dayton and the Mad River, is a historic and residential Dayton neighborhood with early-20th-century streetscapes and a river-adjacent industrial legacy. The neighborhood’s character concentrates along E Third Street near the Keowee Street corridor, where corner storefronts, light-industrial buildings, and murals set a working-city tone. Brick foursquares, modest frame houses, and small apartment buildings line a tight street grid with frequent porches and mature trees. The National Museum of the U.S. Air Force and the Dayton Aviation Heritage National Historical Park tie the area to aviation history. River corridors and nearby green space shape daily routines with walking and cycling routes. Local bars and small eateries in adjacent districts add after-hours texture without changing the neighborhood’s grounded feel.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Satellite dish
Bathrooms
8 full bathrooms
Kitchen
Range
Refrigerator
Heating & cooling
Heat pump
Central air
Exterior features
Residential and commercial zoning
Home design
One story
Parking
Parking lot
On-street parking
No garage
Construction
Brick construction
Slab foundation
Utilities
Natural gas available
Sewer available
Storm sewer
Public water
Water available
Financial info
Eight total units in one building
Two-bedroom units
Gross income of $86,894
Tenants pay electricity, gas, and heat
Electricity and solar
View estimated energy costs and solar savings for this home