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1241 Devon Avenue, Dayton, OH 45429

$1,200,000
  • 1241 Devon Avenue, Dayton, OH 45429 Main Photo

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Pending/Show for Backup
BEDS24 BATHS14 full SQUARE FEET9,408 MLS#950513
STATUSPending/Show for Backup PROPERTY TYPEMulti Unit - Multiple SCHOOLKettering

Property Description

Exceptional 13-unit multi-family investment opportunity consisting of a well-maintained 12-unit brick apartment building and a separate detached single-family home, offering strong cash flow and versatility in a proven rental market. The property features 11 spacious 2-bedroom units and 2 large 1-bedroom units, with the majority of units having been tastefully updated in recent years with modern kitchens, updated bathrooms, fresh paint, and contemporary flooring. Each individual unit is separately metered with its own water heater and forced-air furnace, allowing for tenant-paid utilities and simplified maintenance and accounting. The roof on the main building is less than 3 years old, providing long-term protection and significantly reducing near-term capital expenditure requirements. The inclusion of the detached single-family home adds flexibility for owner-occupancy, manager’s residence, or additional rental income. This turnkey portfolio combines solid construction, recent improvements, low deferred maintenance, and excellent income potential through remaining cosmetic enhancements or market rent growth. Rent roll, and P & L available upon request. Properties of this caliber with individual mechanical systems and a newer roof do not last long—schedule your private showing today!

1241 Devon Avenue | MLS# 950513

This multi-family property located at 1241 Devon Avenue, Dayton, OH 45429 is currently listed for sale with an asking price of $1,200,000. Devon Avenue is located within the Kettering school district. Search Dayton real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Electric, Forced Air
Lot Size: 0.62 Acres
Taxes: $14,800
Year Built: 1971

Feature Descriptions

Basement Features: Crawl Space
Days on Site: 121
Exterior: Brick
Lot Dimensions: irregular

Local Schools

School District: Kettering

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: (866) 212-4991

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 8,295.79 per month $6,712.46 Principal & Interest $1,233.33 Property Tax $350.00 Homeowner's Insurance

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