Listed By
Agency Name: eXp Realty
Agency Phone: (866) 212-4991
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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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-$900Current 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central
Garage: 2
Heating: Natural Gas
Lot Size: 0.42 Acres
Taxes: $6,939
Year Built: 1944
Feature Descriptions
Appliance Features: Microwave, Range, Refrigerator
Basement Features: Unfinished
Exterior: Brick
Garage Features: 2 Car
Lot Dimensions: 107x118
Ownership: Corporate Owned
Utilities: 220 Volt Outlet, City Water, Natural Gas, Sanitary Sewer, Storm Sewer
Local Schools
School District: Dayton
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Estimated Payment
$ 1,664.09 per month $1,024.59 Principal & Interest $578.25 Property Tax $61.25 Homeowner's InsuranceChange Payment Information
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2312 Davue Circle | MLS# 953211
This multi-family property located at 2312 Davue Circle, Dayton, OH 45406 is currently listed for sale with an asking price of $210,000. Davue Circle is located within the Dayton school district. Search Dayton real estate on www.leahackerman.com today.