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128 E Bruce Ave - 128 E. Bruce Ave., Dayton, OH 45405 2 Unit Apartment Building Offered at $146,500 at a 10.88% Cap Rate Dayton, OH 45405
Executive Summary
This duplex consists of two 1-bedroom, 1-bath apartments which have been newly completely renovated with new kitchens, new baths, These apartments have been fully finished in the inside. Each apartment has a new furnace and new water heater. All construction permits have been pulled for this renovation. Please review the attached photos to enjoy the workmanship. The property also has a two car garage in the rear. Currently the property one unit newly rented at $800 per month and waiting for a new tenant to enjoy the other side. Don't miss out on this opportunity. Estimated rents should be around $800 per side. The attached photos with furniture have been staged. Additional recent renovations: Updated electric mains panel, updated energy meters, new electric wiring, and circuits throughout the property ( work performed by Victory Electric LLC ), New Gas meters, new gas pipeline - work performed by Kolker plumbing LLC New plumbing throughout the house and updated 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 throughout the house - work performed by Marriott Construction LLC Ready to rent, comes with appliances, 2 ranges, and 2 fridges. Both units have separate utilities, no shared utilities, so no burden on the property owner to run utilities. A lot of money was put into pulling permits and getting things done as per the building codes of the city of Dayton.
Property Facts
| Price | $146,500 | Apartment Style | Low-Rise |
| Price Per Unit | $73,250 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 1,541 SF |
| Cap Rate | 10.88% | Average Occupancy | 50% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1930/2026 |
| Price | $146,500 |
| Price Per Unit | $73,250 |
| Sale Type | Investment |
| Cap Rate | 10.88% |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.11 AC |
| Building Size | 1,541 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built/Renovated | 1930/2026 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $825.00 | 686 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R72-11001-0018 | Improvements Assessment | $6,730 |
| Land Assessment | $3,870 | Total Assessment | $10,600 |
Property Taxes
Parcel Number
R72-11001-0018
Land Assessment
$3,870
Improvements Assessment
$6,730
Total Assessment
$10,600
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128 E Bruce Ave - 128 E. Bruce Ave., Dayton, OH 45405
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