455 Forest Avenue, Dayton, OH 45405
- $750,000
- 21
- BD
- 11
- BA
- 12,074
- SqFt
- List Price
- $750,000
- MLS#
- 969236
- Status
- ACTIVE
- City
- Dayton
- Bedrooms
- 21
- Full Bathrooms
- 11
- Year Built
- 1947
- Living Area
- 12,074
- Subdivision
- City/Dayton Rev
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.
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Additional Information
- Acres
- 0.38
- Lot Size
- 16,553
- Living Area
- 12,074
- Basement Desc
- Partial
- Appliances
- Range, Refrigerator
- Garage Desc
- Four or more Spaces, Garage, Parking Lot, Private, On Street
- Cooling
- Window Unit(s)
- Heating
- Baseboard, Electric
- School District
- Dayton
- Zoning
- Residential
Mortgage Calculator
Courtesy of Douglas Broomhall and West Fork Realty Group LLC
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