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128 E Bruce Ave - 128 E. Bruce Ave., Dayton, OH 45405 2 Unit Apartment Building Offered at $149,000 at a 10.69% Cap Rate Dayton, OH 45405

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Executive Summary

This duplex features two fully renovated 1-bedroom, 1-bath apartments. Each unit has been completely updated with new kitchens, new bathrooms, new furnaces, and new water heaters. All work was performed under properly pulled construction permits and completed to meet the building codes of the City of Dayton.
The interiors have been fully finished, and the furnished photos have been virtually staged to showcase the workmanship. The property includes a two-car garage at the rear. It is currently vacant following the completion of renovations and is ready for new tenants to enjoy. Estimated market rents are approximately $850 per unit.
Recent Renovations Include:
Updated electric mains panel, updated energy meters, new electrical wiring, and new circuits throughout the property
(Work performed by Victory Electric LLC)
New gas meters and new gas pipeline installation
(Work performed by Kolker Plumbing LLC)
New plumbing throughout the property and upgraded smart water meters
(Work performed by Kolker Plumbing LLC)
Updated HVAC ductwork
(Work performed by All Aire Heating and Cooling)
New windows and new doors installed throughout
(Work performed by Marriott Construction LLC)
Units are rent-ready and include appliances: two ranges and two refrigerators.
Each unit has separate utilities, ensuring no shared utility costs for the property owner.
A significant investment has been made to ensure all work meets city code requirements and provides long-term value. Don’t miss out on this fully updated, turn-key rental opportunity.

Property Facts

Price $149,000
Price Per Unit $74,500
Sale Type Investment
Cap Rate 10.69%
No. Units 2
Property Type Multifamily
Lot Size 0.11 AC
Building Size 1,541 SF
Average Occupancy 0%
No. Stories 1
Year Built/Renovated 1930/2026

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $850.00 686

Property Taxes

Property Taxes

Parcel Number
R72-11001-0018
Land Assessment
$3,870
Improvements Assessment
$6,730
Total Assessment
$10,600
  • Listing ID: 39031018

  • Date on Market: 1/9/2026

  • Last Updated:

  • Address: 128 E Bruce Ave, Dayton, OH 45405

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