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Listed price in listed location currency (USD).
$425,000

10100

MLS® 952155

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5986 sqft
Garage No
Taxes 
Days Active 25
Lot Size 0.12 acres
Approx. Age 1965
Avg. Price Per Sqft $70
MLS® Number 952155

Property Address: 2620 Gettysburg Ave, Dayton, OH, 45406-1737

Average square foot calculated using Size range provided by listing agent.

Description

Explore this well-maintained 10-unit multifamily asset situated in the heart of Dayton. This 5, 986-square-foot building features ten 1-bed/1-bath units and is currently 90% occupied, reflecting the area's consistent rental demand. Current base rents average approximately $615 per month. Significant capital improvements have been made, including a roof approximately 3.5 years old and an efficient boiler system designed for year-round comfort. Six of the units have been recently renovated, providing a turnkey foundation for a new owner. Strategic value-add is currently being implemented through a utility pass-through program. This pass-through is a separate, additional fee paid by tenants in addition to their base rent. While most tenants currently pay a $50/month fee for water, sewer, trash, and gas, recent renewals have successfully moved to a $120/month rate. All subsequent renewals are scheduled to align with this $120/month fee, offering a clear path for a potential increase in Net Operating Income. Positioned in an area noted for its economic anchors like Wright-Patterson Air Force Base and the logistics sector, this asset offers immediate stability. Professionally managed and located in a region with a track record of historical growth, this property is a strong candidate for investors seeking a value-add opportunity.
MLS® Number952155
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1965
Basement
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 18, 2026List Date
$425,000List Price
  • Commute

Commute

Starting Address
Destination Address
2620 Gettysburg Ave, Dayton, OH

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