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940 Old Orchard Ave 5 Unit Apartment Building $269,900 ($53,980/Unit) Dayton, OH 45405

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EXECUTIVE SUMMARY

Great new price for this 5 unit brick apartment building brought in $3,290/month when fully occupied! 4/5 units occupied. All water heaters are 2021, New PEX plumbing, and updated windows! Tenants pay for their own electric, water, and trash. New individual water meters! All electrical mechanicals, no gas in building. Tenants are responsible for their own appliances, so there is no maintenance for the owner. Located right next to downtown hospitals, universities, and much more! Back on market because buyer could not secure financing.

PROPERTY FACTS

Price $269,900
Price Per Unit $53,980
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 3,490 SF
No. Stories 2
Year Built 1945
Opportunity Zone Yes

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 5 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R72-06710-0024
Land Assessment
$11,030
Improvements Assessment
$17,130
Total Assessment
$28,160
  • Listing ID: 38693947

  • Date on Market: 12/8/2025

  • Last Updated:

  • Address: 940 Old Orchard Ave, Dayton, OH 45405

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