Multifamily Property for Sale in Dayton, OH

  • Price: $300K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Dayton, OH 45406
  • Size: 3,948 SF
  • Year built: 1963

Description

This 5-unit apartment building provides steady in-place income with five separate rent streams and is currently fully occupied, offering investors immediate and consistent cash flow. The diversified unit mix helps reduce vacancy risk compared to smaller multifamily properties, while the manageable size makes the asset easy to operate and track financially. This property is well suited for buy-and-hold investors, first-time multifamily buyers, or 1031 exchange purchasers seeking reliable income. From an operations standpoint, the property shows well-maintained core systems, including individual electrical panels for each unit, multiple Goodman gas furnaces, and a modern Rheem water heater, helping limit near-term capital expenses. With solid mechanicals in place, the focus remains on income stability and operational efficiency, allowing more of the rental revenue to flow to the bottom line. The property offers cash-flow-first performance today, with additional upside potential through rent growth and continued efficient management. Building SF: 3948 | Land Size: 0.17 Ac | Year Built: 1963 | Listing Type: FOR SALE

Market Context

This multifamily in Dayton, OH is listed for sale at $299,900 across 3,948 SF. The building dates to 1963. It has been on the market for 23 days. Compare it against other multifamily listings for sale in Dayton, OH — <a href="/search/sale/multifamily/ohio/dayton">view the full market</a>.

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