BEDS12
BATHS6 full
SQUARE FEET4,608
MLS#971949
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDayton
Property Description
Excellent investment opportunity in Dayton! This six-unit multifamily property features six spacious two-bedroom, one-bathroom apartments, offering an attractive unit mix and strong potential for long-term rental income and portfolio growth. The property has demonstrated positive financial performance, generating $42,383 in operating income and $22,738 in net operating income (NOI) from January through October 2026. Additional revenue streams include pet rent, laundry income, and utility reimbursements, providing opportunities for diversified income beyond base rents.Currently, four of the six units are occupied, generating $2,823 in monthly scheduled rental income, with two vacant units (due to recent move outs) presenting an immediate opportunity to increase occupancy and cash flow. Investors have the potential to enhance returns through leasing the remaining units, evaluating rental rates, and maximizing operational efficiencies.High efficiency boiler replaced in 2025 for hot water and heat service to the building.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall
Heating: Baseboard, Hydronic Baseboard, Natural Gas
Lot Size: 0.17 Acres
Taxes: $11,800
Year Built: 1969
Feature Descriptions
Appliance Features: Range, Refrigerator
Basement Features: Slab
Days on Site: 3
Exterior: Brick
Lot Dimensions: 50x150
Local Schools
School District: Dayton
Listed By / Shown By
Listed By
Agency Name: Bridgestream Realty
Agency Phone: (517) 270-9907
Shown By
Agent Name: Joyce Lightner Gheen
Agent Phone: (937) 335-5741 Cell
Agency Title: Garden Gate Realty
Estimate Your Payment
Estimated Payment
$ 2,078.33 per month $968.12 Principal & Interest $983.33 Property Tax $126.88 Homeowner's InsuranceChange Payment Information
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413 Briarwood Avenue | MLS# 971949
This multi-family property located at 413 Briarwood Avenue, Dayton, OH 45403 is currently listed for sale with an asking price of $435,000. Briarwood Avenue is located within the Dayton school district. Search Dayton real estate on joycegheen.gardengaterealty.com today.