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$ 715,000
Est. payment /mo
Pending
1723-1731 McArthur Avenue Dayton, OH 45417
19 Beds
9 Baths
5,440 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Pending
Purchase Type For Sale
Square Footage 5,440 sqft
Price per Sqft $131
MLS Listing ID 959481
Bedrooms 19
Full Baths 9
Year Built 1965
Annual Tax Amount $11,174
Lot Size 9,147 Sqft
Lot Dimensions 9148
Property Sub-Type 5+ Units
Property Description
Discover a unique investment opportunity featuring both an 8-unit multifamily building and a separate 3-bedroom single-family home, all being operated under a stable long-term program lease in Dayton, Ohio.
The property includes:
An 8-unit apartment building consisting entirely of 2-bedroom units
A separate 3-bedroom single-family home
Total annual gross income of approximately $82,800
What makes this investment especially attractive is the operational structure already in place. The property is leased to a program operator under a 3-year lease, creating a simplified and highly predictable ownership experience.
Key investment highlights include:
No tenant turnover management
Program pays all utilities
Lawn care handled by the program
General day-to-day maintenance handled by the program
Reduced management burden for ownership
Owner primarily responsible only for major capital or structural repairs
This setup significantly minimizes the normal operational demands often associated with multifamily ownership while still providing strong and consistent cash flow.
The property offers approximately 5,440 square feet of living space across the multifamily building, with a total of 19 bedrooms and 9 full bathrooms throughout the combined properties. Situated on a 0.21-acre lot, the property is located in a strong rental corridor with convenient access to employment centers, transportation routes, and local amenities.
With stable income, long-term lease security, and reduced operating responsibilities, this property presents an excellent opportunity for investors seeking dependable cash flow and long-term portfolio growth.
Showings will be provided to accepted offers only.
The property includes:
An 8-unit apartment building consisting entirely of 2-bedroom units
A separate 3-bedroom single-family home
Total annual gross income of approximately $82,800
What makes this investment especially attractive is the operational structure already in place. The property is leased to a program operator under a 3-year lease, creating a simplified and highly predictable ownership experience.
Key investment highlights include:
No tenant turnover management
Program pays all utilities
Lawn care handled by the program
General day-to-day maintenance handled by the program
Reduced management burden for ownership
Owner primarily responsible only for major capital or structural repairs
This setup significantly minimizes the normal operational demands often associated with multifamily ownership while still providing strong and consistent cash flow.
The property offers approximately 5,440 square feet of living space across the multifamily building, with a total of 19 bedrooms and 9 full bathrooms throughout the combined properties. Situated on a 0.21-acre lot, the property is located in a strong rental corridor with convenient access to employment centers, transportation routes, and local amenities.
With stable income, long-term lease security, and reduced operating responsibilities, this property presents an excellent opportunity for investors seeking dependable cash flow and long-term portfolio growth.
Showings will be provided to accepted offers only.
Location
State OH
County Montgomery
Zoning Residential,Commercial
Rooms
Basement Other
Interior
Heating Natural Gas
Cooling Wall
Exterior
Parking Features None
Utilities Available City Water
Building
Structure Type Asbestos,Brick
Schools
School District Dayton
Listed by One Tree Realty & Property Mgm