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251 N Smithville Road Dayton, OH 45403
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Key Details
Sold Price $440,000
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,920 sqft
Price per Sqft $89
MLS Listing ID 950427
Bedrooms 10
Full Baths 7
Year Built 1964
Annual Tax Amount $7,240
Lot Size 10,890 Sqft
Property Sub-Type 5+ Units
Property Description
Incredible Investment Opportunity in Wright View! This multi-family property offers nearly 5,000 sq. ft. of total living space and is fully occupied, making it a true turnkey investment. The building consists of 1 studio apartment, 2 one-bedroom apartments, and 4 two-bedroom apartments, providing excellent unit variety to attract a wide range of tenants. With an impressive cap rate nearing 10% and strong cash flow, this property is ideal for both the beginning investor and the seasoned pro looking to expand their portfolio. The building is well-maintained, income-producing, and packed with potential to continue delivering steady returns. Opportunities like this don't come often—secure your place in the heart of Dayton's Wright View neighborhood with a multi-family property that checks all the boxes: space, income, and long-term investment value. Fully occupied. Ready for its new owner.
Location
State OH
County Montgomery
Zoning Residential,Commercial
Interior
Heating Baseboard, Electric
Cooling Wall
Exterior
Parking Features 1 Car, Detached, Storage
Utilities Available 220 Volt Outlet, City Water, Sanitary Sewer
Building
Structure Type Brick
Schools
School District Dayton
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Bought with Coldwell Banker Heritage
NEARBY SCHOOLS & BUSINESSES
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