455 Forest Avenue, Dayton, OH 45405
455 Forest Avenue, Dayton, OH 45405
455 Forest Avenue, Dayton, OH 45405
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Kristin Martinez

Kristin Martinez

+1(614) 804-8893
$750,000
Est. payment /mo
21 Beds
11 Baths
12,074 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Square Footage 12,074 sqft

Price per Sqft $62

MLS Listing ID 969236

Bedrooms 21

Full Baths 11

Year Built 1947

Annual Tax Amount $5,494

Lot Size 0.380 Acres

Lot Dimensions 16,533 s.f.

Property Sub-Type 5+ Units

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.

Location

State OH

County Montgomery

Zoning Residential

Rooms

Basement Partial

Interior

Heating Baseboard, Electric

Cooling Window Unit

Exterior

Exterior Feature Porch

Parking Features 4 or More

Utilities Available 220 Volt Outlet, Natural Gas, Public Water, Sanitary Sewer

Building

Structure Type Brick,Frame,Stone,Vinyl

Schools

School District Dayton

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Dayton MLS (DTON)
Listed by West Fork Realty Group LLC

Nearby Locations

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Kristin Martinez

Kristin Martinez

+1(614) 804-8893

Agent License ID: sal.2004004336

Agent License ID: sal.2004004336

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