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$ 210,000
Est. payment /mo
Pending
2312 Davue Circle Dayton, OH 45406
8 Beds
4 Baths
6,048 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Pending
Purchase Type For Sale
Square Footage 6,048 sqft
Price per Sqft $34
MLS Listing ID 953211
Bedrooms 8
Full Baths 4
Year Built 1944
Annual Tax Amount $6,938
Lot Size 0.420 Acres
Lot Dimensions 107x118
Property Sub-Type 2-4 Units
Property Description
This quadplex features four identical 2 bedroom, 1 bathroom units in a strong rental corridor just off Salem Ave. Three of the four units have been fully turned and are in solid condition. One unit became vacant just one week ago after a long term tenant of 11 years moved out and is the only unit that has not yet been rehabbed, presenting an immediate value add opportunity. Current rents are $600-$625 with market rents at $850-$900
Current rents are well below market, giving the next owner clear room to increase income and improve overall returns. Renovate the vacant unit and bring rents to market, or implement increases over time and improve cash flow strategically.
Roof is 5 years old, HVAC age unknown.
The property also includes a detached garage that can be leased separately for additional monthly income, creating another revenue stream beyond the residential units.
Consistent two bedroom layouts make management simple and tenant demand steady. The location offers convenient access to major roads, shopping, and employment centers, supporting long term occupancy.
One unit currently vacant. Three occupied units recently turned.
Current rents are well below market, giving the next owner clear room to increase income and improve overall returns. Renovate the vacant unit and bring rents to market, or implement increases over time and improve cash flow strategically.
Roof is 5 years old, HVAC age unknown.
The property also includes a detached garage that can be leased separately for additional monthly income, creating another revenue stream beyond the residential units.
Consistent two bedroom layouts make management simple and tenant demand steady. The location offers convenient access to major roads, shopping, and employment centers, supporting long term occupancy.
One unit currently vacant. Three occupied units recently turned.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Unfinished
Interior
Interior Features Gas Water Heater, Smoke Alarm(s)
Heating Natural Gas
Cooling Central
Exterior
Parking Features 2 Car
Utilities Available 220 Volt Outlet, City Water, Natural Gas, Sanitary Sewer, Storm Sewer
Building
Structure Type Brick
Schools
School District Dayton
Others
Ownership Corporate Owned
Listed by eXp Realty
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