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311 Maplewood Ave. - 311 Maplewood Ave. 4 Unit Apartment Building Offered at $225,000 at a 11.76% Cap Rate Dayton, OH 45406
Investment Highlights
- 4,704 SF building
- Tenants pay heat & electric
- 4 units
Executive Summary
Presenting an exceptional opportunity for multifamily investors, this low-rise property at 311 Marathon
Ave in Dayton, OH offers a spacious 4,704 SF building with 4 units and a possible 5th unit in the basement, air
conditioned, and currently at a 75% occupancy rate. The possible 5th unit in the basement needs fully rehabbed and
zoned. There are detached garages in the rear of the building. Built in 1945 and zoned MR-5, this investment
showcases strong historical performance and potential for continued success in the thriving Dayton area. Each unit
provides comfortable living spaces, and the property is positioned for increased occupancy and rental income. With an
additional upside potential, this investment opportunity represents an attractive option for multifamily investors seeking
to expand their portfolio in the dynamic Dayton market. Tenants pay heat and electric.
Ave in Dayton, OH offers a spacious 4,704 SF building with 4 units and a possible 5th unit in the basement, air
conditioned, and currently at a 75% occupancy rate. The possible 5th unit in the basement needs fully rehabbed and
zoned. There are detached garages in the rear of the building. Built in 1945 and zoned MR-5, this investment
showcases strong historical performance and potential for continued success in the thriving Dayton area. Each unit
provides comfortable living spaces, and the property is positioned for increased occupancy and rental income. With an
additional upside potential, this investment opportunity represents an attractive option for multifamily investors seeking
to expand their portfolio in the dynamic Dayton market. Tenants pay heat and electric.
Property Facts
| Price | $225,000 | Property Type | Multifamily |
| Price Per Unit | $56,250 | Building Size | 4,704 SF |
| Sale Type | Investment | Average Occupancy | 75% |
| Cap Rate | 11.76% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1945 |
| Zoning | MR-5 | ||
| Price | $225,000 |
| Price Per Unit | $56,250 |
| Sale Type | Investment |
| Cap Rate | 11.76% |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 4,704 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1945 |
| Zoning | MR-5 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Range
- Basement
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $700.00 | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
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Photos
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Map
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Contact the Sale Advisor
311 Maplewood Ave. - 311 Maplewood Ave.