21 beds
11 full baths
12,074 sqft
Listed By
Agency Name: West Fork Realty Group LLC
Agency Phone: (513) 936-9110
Shown By
Agent Name: Doug Green
Agent Phone: (614) 893-8772
Agency Title: Cutler Real Estate
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Property Description
11-unit multifamily investment opportunity with strong in-place income and additional revenue potential. The property consists of ten 2-bedroom, 1-bath units plus one efficiency/studio unit, with rents currently ranging from $550 to $844 per month. Two units also feature private enclosed porches. Tenants pay their own gas and electricity, helping limit owner-paid utility expenses. The property includes a private rear parking lot, four garage bays that could provide additional rental income, and separate management/office space in the basement. There is additional income potential through leasing the garage bays, optimizing below-market rents as units turn over, and making use of the basement office/management space where appropriate. Prime Dayton location near Grandview Hospital and downtown, with convenient access to public transportation and major interstates. An attractive opportunity for an investor seeking an established income-producing 11-unit property with multiple avenues for future revenue growth.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Window Unit
Days on Market: 6
Heating: Baseboard, Electric
Lot Size: 0.38 Acres
Taxes: $5,494
Year Built: 1947
Feature Descriptions
Appliance Features: Range, Refrigerator
Basement Features: Partial
Exterior: Brick, Frame, Stone, Vinyl
Garage Features: 4 or More
Lot Dimensions: 16,533 s.f.
Outside Features: Porch
Utilities: 220 Volt Outlet, Natural Gas, Public Water, Sanitary Sewer
Local Schools
School District: Dayton
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Estimated Payment
$ 4,737.13 per month $4,060.55 Principal & Interest $457.83 Property Tax $218.75 Homeowner's InsuranceChange Payment Information
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455 Forest Avenue | MLS# 969236
This multi-family property located at 455 Forest Avenue, Dayton, OH 45405 is currently listed for sale with an asking price of $750,000. Forest Avenue is located within the Dayton school district. Search Dayton real estate on www.douggreenrealtor.com today.