200 Central Avenue, Dayton, OH 45406

$1,700,000
42
BD
42
BA
24,102
SqFt

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List Price
$1,700,000
MLS#
970173
Status
ACTIVE
City
Dayton
Bedrooms
42
Full Bathrooms
42
Year Built
1967
Living Area
24,102
Subdivision
City/Dayton Rev

Property Description

Central Superior presents a compelling 42-unit multifamily investment opportunity in Dayton’s Grafton Hill neighborhood. The property includes 31 studios and 11 one-bedroom units averaging 416 SF, with on-site laundry, a 12+ vehicle garage, and individually metered electric. Since 2021, ownership has completed significant capital improvements, including both roofs, replacement windows, most electrical panels, plumbing stacks, hallway flooring, and a renovated laundry room, with approximately 85% of units renovated. In-place rents average $636 for studios and $750 for one-bedrooms, with additional upside through rent growth, garage parking, and a potential bulk cable/internet program. Located approximately one mile from Kettering Health Dayton and within three miles of major area institutions and employment centers.

Additional Information

Acres
0.46
Lot Size
19,998
Living Area
24,102
Basement Desc
Full
Garage Desc
Four or more Spaces, Garage
Cooling
Wall Unit(s)
Heating
Natural Gas
School District
Dayton
Zoning
Residential

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Max Wechter and Outside The Box Real Estate

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