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
Bedrooms
Two-bedroom units (8 total units)
Bathrooms
8 full bathrooms
Kitchen
Range
Refrigerator
Heating & cooling
Heat pump heating
Central air conditioning
Exterior features
Irregular lot
Mixed residential and commercial zoning
Home design
Single-story building
Brick construction
Parking
No garage
Parking lot
On-street parking
Construction
Brick construction
Slab foundation
Utilities
Natural gas available
Public water
Sewer available
Storm sewer
Financial info
Gross annual income reported: $86,894
Tenant pays electricity, gas, and heat
Other
Property is offered for sale
Electricity and solar
View estimated energy costs and solar savings for this home