Active
1207 W Fairview Avenue
Dayton OH, 45406
$425,000
$57.12 per sqft
Active
8 Beds
5 Baths
7,440 sqft
Multi-family
Built in 1968
Investor's Dream! This meticulously maintained 7-unit apartment building offers a prime opportunity for stable rental income. Featuring two spacious 1-bedroom, 1-bath units and five large 2-bedroom, 1-bath units, this property boasts excellent floor plans designed for tenant comfort and satisfaction.
Current monthly rental income totals $5,078, with 1-bedroom units renting at $615 and 2-bedroom units renting at $815. Tenants are responsible for their electric and gas utilities, minimizing owner expenses. Additionally, one tenant is currently paying $50/month for water and trash, and this utility bill-back can be extended to all leases upon renewal, further enhancing profitability.
With consistent rental demand and well-kept units, this property is an exceptional investment opportunity. Whether you're expanding your portfolio or seeking a solid income-producing asset, this 7-unit building is a must-see. Schedule your private tour today!
926029
MLSⓇ ID
January 5, 2025
Listed
January 16, 2025
Updated
Map
1207 W Fairview Avenue
Dayton OH, 45406
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
5
Full Bathrooms
5
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas, Other
Exterior/Building Features
Lot Size
0.22 Acres
Other Property Details
Days on Market
11
Garage
No
Parking
No Garage
View
No
County
Montgomery
Pool
No
Zoning
Residential
Courtesy of Matthew L Watercutter with Bridgestream Realty
Listing Contact: 937-538-0588
Based on information from Dayton Area Board of REALTORS® as of 1/16/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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