Log In/Sign Up
Your email has been sent.
132 Central Ave., Dayton, OH 132 Central Ave 4 Unit Apartment Building $299,000 ($74,750/Unit) 10.68% Cap Rate Dayton, OH 45406
Investment Highlights
- 8,132 SF building
- Renovated in 2025
- 4 2-bedroom, 1 bath units
Executive Summary
Introducing an exceptional investment opportunity in the desirable Grafton Hill area of Dayton, OH which is made up of historical large mansions. Currently many of these mansions are undergoing full renovations. This 8,132 SF property, built in 1928 and recently renovated in 2025, offers four 2-bedroom, 1-bath units with a reliable 100% occupancy rate. There is room to add in an additional studio apartment in the rear of the second floor with an additional $475 rent per month, and also an opportunity to add an additional 2 bedrooms in one of the second floor apartments, or making the studio into another two bedroom apartment, thus adding an additional $299 per month rent revenue. Don't miss the chance to add this meticulously-maintained property to your portfolio in the thriving Dayton market.
Property Facts
| Price | $299,000 | Building Class | C |
| Price Per Unit | $74,750 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 8,132 SF |
| Cap Rate | 10.68% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1928/2025 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R - Residential | ||
| Price | $299,000 |
| Price Per Unit | $74,750 |
| Sale Type | Investment |
| Cap Rate | 10.68% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 8,132 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1928/2025 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $675.00 | 1,176 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R72-06504-0048 | Improvements Assessment | $7,280 |
| Land Assessment | $8,820 | Total Assessment | $16,100 |
Property Taxes
Parcel Number
R72-06504-0048
Land Assessment
$8,820
Improvements Assessment
$7,280
Total Assessment
$16,100
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
132 Central Ave., Dayton, OH | 132 Central Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.