1241 Devon Avenue, Dayton, OH 45429
1241 Devon Avenue, Dayton, OH 45429
1241 Devon Avenue, Dayton, OH 45429
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The Woodrow Group At Realistar

The Woodrow Group At Realistar

+1(614) 696-8946
$1,200,000
Est. payment /mo
24 Beds
14 Baths
9,408 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type 5+ Units

Listing Status Backups

Purchase Type For Sale

Square Footage 9,408 sqft

Price per Sqft $127

MLS Listing ID 950513

Bedrooms 24

Full Baths 14

Year Built 1971

Annual Tax Amount $14,800

Lot Size 0.620 Acres

Lot Dimensions irregular

Property Sub-Type 5+ Units

Property Description

Exceptional 13-unit multi-family investment opportunity consisting of a well-maintained 12-unit brick apartment building and a separate detached single-family home, offering strong cash flow and versatility in a proven rental market. The property features 11 spacious 2-bedroom units and 2 large 1-bedroom units, with the majority of units having been tastefully updated in recent years with modern kitchens, updated bathrooms, fresh paint, and contemporary flooring. Each individual unit is separately metered with its own water heater and forced-air furnace, allowing for tenant-paid utilities and simplified maintenance and accounting. The roof on the main building is less than 3 years old, providing long-term protection and significantly reducing near-term capital expenditure requirements. The inclusion of the detached single-family home adds flexibility for owner-occupancy, manager's residence, or additional rental income. This turnkey portfolio combines solid construction, recent improvements, low deferred maintenance, and excellent income potential through remaining cosmetic enhancements or market rent growth. Rent roll, and P & L available upon request. Properties of this caliber with individual mechanical systems and a newer roof do not last long—schedule your private showing today!

Location

State OH

County Montgomery

Zoning Residential

Rooms

Basement Crawl Space

Interior

Heating Electric, Forced Air

Cooling Central

Exterior

Parking Features None

Building

Structure Type Brick

Schools

School District Kettering

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Dayton MLS (DTON)
Listed by eXp Realty

Nearby Locations

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The Woodrow Group At Realistar

The Woodrow Group At Realistar

+1(614) 696-8946

Broker | License ID: 658008071

Broker License ID: 658008071

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