541 Grafton Avenue new Save Request In-Person Tour Request Virtual Tour
Dayton,OH 45406
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 943853
Bedrooms 7
Full Baths 4
Year Built 1913
Annual Tax Amount $500
Lot Size 7,239 Sqft
Property Sub-Type 2-4 Units
Property Description
Exceptional Investment Opportunity: Well-Maintained 4-Plex in Dayton's Five Oaks Neighborhood. This meticulously maintained 4-plex offers a prime opportunity for investors in Dayton's thriving Five Oaks neighborhood. Locally managed and maintained, the property boasts a low turnover rate and is currently occupied by 2 tenants, with 2 recently vacated units ready for new renters.
First-floor units: Spacious living rooms, eat-in kitchens, 1 bedroom, and a full bathroom. One unit includes access to the basement and a bonus flex room. Second-floor units: Larger layouts with private front and back access, generous living spaces, compact kitchens, 2 bedrooms, a full bath, and potential for a 3rd bedroom in the finished attic. Tenant Amenities: Covered front porches, hardwood floors, in-unit laundry, bay windows, oversized rooms, and an abundance of living space make these units highly desirable.
Current rents: $900/month for the occupied 2-bedroom unit, $850/month for the occupied 1-bedroom 1st-floor unit.
Owner covers lawn care, snow removal, water, trash, and sewer. Tenants are responsible for electric and gas.
Recent Updates (2024-2025):
New electric system throughout.
Updated LVP flooring and fresh paint in the upstairs units.
Exterior paint refresh.
The property is being sold "As-Is".
Conveniently located near the Gem City Market, Dayton Art Institute, Five Oaks Park, and Grandview Hospital, offering easy access to employment and medical services
With strong rental performance, an ideal location, and a solid condition, this 4-plex is an asset you don't want to miss. Schedule your viewing today!
Location
State OH
County Montgomery
Zoning Residential,Commercial
Interior
Heating Forced Air,Natural Gas
Cooling None
Exterior
Parking Features None
Building
Structure Type Frame
Schools
School District Dayton