39
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$598,999
Est. payment /mo
12 Beds
7 Baths
4,499 Sqft Lot
New
14-20 Mello Avenue Dayton, OH 45410
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Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 944148
Bedrooms 12
Full Baths 7
Year Built 1972
Annual Tax Amount $5,672
Lot Size 4,499 Sqft
Lot Dimensions 77 x 120
Property Sub-Type 5+ Units
Property Description
Turnkey 7-Unit Multifamily | Steps from University of Dayton | Fully Leased Income Stream
14–20 Mello Avenue Dayton, OH 45410
Acquire a fully leased seven-unit multifamily property in one of Dayton's most sought-after rental corridors. Just steps from the University of Dayton (UD), this turnkey building pairs immediate cash flow with brand-new capital improvements, including a new roof installed Summer 2025 creating years of low-maintenance ownership.
Property Highlights
• Five 2BR/1BA apartments
• Two 1BR/1BA apartments
• Dedicated off-street parking for seven vehicles plus ample street parking
• Well-maintained common areas and mechanicals.
Location Advantages
• Prime Access: Walk to UD's academic core, athletics, and student services
• Parking Advantage: Private rear lot, rarely available near campus
• High Demand: UD proximity drives exceptional occupancy and rent resilience.
Investor Takeaway
Opportunities of this caliber near the University of Dayton are scarce and tightly held. Whether you're expanding a portfolio or entering Dayton's multifamily market, this property offers a rare chance to own a high-demand asset in a proven, supply-constrained location.
14–20 Mello Avenue Dayton, OH 45410
Acquire a fully leased seven-unit multifamily property in one of Dayton's most sought-after rental corridors. Just steps from the University of Dayton (UD), this turnkey building pairs immediate cash flow with brand-new capital improvements, including a new roof installed Summer 2025 creating years of low-maintenance ownership.
Property Highlights
• Five 2BR/1BA apartments
• Two 1BR/1BA apartments
• Dedicated off-street parking for seven vehicles plus ample street parking
• Well-maintained common areas and mechanicals.
Location Advantages
• Prime Access: Walk to UD's academic core, athletics, and student services
• Parking Advantage: Private rear lot, rarely available near campus
• High Demand: UD proximity drives exceptional occupancy and rent resilience.
Investor Takeaway
Opportunities of this caliber near the University of Dayton are scarce and tightly held. Whether you're expanding a portfolio or entering Dayton's multifamily market, this property offers a rare chance to own a high-demand asset in a proven, supply-constrained location.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Slab
Interior
Interior Features High Speed Internet, Smoke Alarm(s)
Heating Baseboard
Cooling Wall
Exterior
Exterior Feature Balcony, Cable TV, Patio
Parking Features None
Utilities Available 220 Volt Outlet, City Water, Natural Gas, Sanitary Sewer
Building
Structure Type Aluminum,Brick
Schools
School District Dayton
Listed by Keller Williams Community Part
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