1241 Devon Avenue, Dayton, OH 45429
Local realty services provided by:ERA Petkus Weiss
1241 Devon Avenue,Dayton, OH 45429
$1,200,000
- 24 Beds
- 14 Baths
- 9,408 sq. ft.
- Multi-family
- Active
Listed by: robert speckert513-478-7599
Office: exp realty
MLS#:950513
Source:OH_DABR
Price summary
- Price:$1,200,000
- Price per sq. ft.:$127.55
About this home
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!
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Home facts
- Year built:1971
- Listing ID #:950513
- Added:4 day(s) ago
- Updated:January 17, 2026 at 05:45 PM
Rooms and interior
- Bedrooms:24
- Total bathrooms:14
- Full bathrooms:14
- Living area:9,408 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1971
- Building area:9,408 sq. ft.
- Lot area:0.62 Acres
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$127.55
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