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1315 Devon Ave
Dayton, OH 45429
Multifamily Property For Sale · 25 Units

PROPERTY FACTS

No. Units 25
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.79 AC
Building Size 21,136 SF
Average Occupancy 100%
No. Stories 2
Year Built 1959
Parking Ratio 1.89/1,000 SF
Zoning C

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet

ABOUT 1315 DEVON AVE , DAYTON, OH 45429

The subject property consists of 8 one bedroom and 16 two bedroom units with one non-conforming unit in the basement that is currently not used. The property is all brick/block with private patios on the first floor. The property has new windows, doors and roof with 2 newer water heaters. Located just off of Wilmington Pike and Dorothy Lane, the property provides paid water/sewer/heat, ample off street parking and trash. The property is located in a fantastic area realizing strong economic and population growth. The property has seen management and partner issues in the recent past but gives a new investor a great building with HUGE potential in a great market only getting better with strong rent growth and an ever growing and strengthening rental pool.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - -
2+1 9 - -
2+2 8 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
N64-01904-0060
Land Assessment
$58,590
Improvements Assessment
$494,760
Total Assessment
$553,350
  • Listing ID: 11296172

  • Date on Market: 1/18/2018

  • Last Updated:

  • Address: 1315 Devon Ave, Dayton, OH 45429

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