1723-1731 Mcarthur Avenue, Dayton, OH 45417
Local realty services provided by:ERA Petkus Weiss
1723-1731 Mcarthur Avenue,Dayton, OH 45417
$715,000
- 19 Beds
- 9 Baths
- 5,440 sq. ft.
- Multi-family
- Active
Listed by: casey mcgowan
Office: one tree realty & property mgm
MLS#:959481
Source:OH_DABR
Price summary
- Price:$715,000
- Price per sq. ft.:$131.43
About this home
Discover a unique investment opportunity featuring both an 8-unit multifamily building and a separate 3-bedroom single-family home, all being operated under a stable long-term program lease in Dayton, Ohio.
The property includes:
An 8-unit apartment building consisting entirely of 2-bedroom units
A separate 3-bedroom single-family home
Total annual gross income of approximately $82,800
What makes this investment especially attractive is the operational structure already in place. The property is leased to a program operator under a 3-year lease, creating a simplified and highly predictable ownership experience.
Key investment highlights include:
No tenant turnover management
Program pays all utilities
Lawn care handled by the program
General day-to-day maintenance handled by the program
Reduced management burden for ownership
Owner primarily responsible only for major capital or structural repairs
This setup significantly minimizes the normal operational demands often associated with multifamily ownership while still providing strong and consistent cash flow.
The property offers approximately 5,440 square feet of living space across the multifamily building, with a total of 19 bedrooms and 9 full bathrooms throughout the combined properties. Situated on a 0.21-acre lot, the property is located in a strong rental corridor with convenient access to employment centers, transportation routes, and local amenities.
With stable income, long-term lease security, and reduced operating responsibilities, this property presents an excellent opportunity for investors seeking dependable cash flow and long-term portfolio growth.
Showings will be provided to accepted offers only....
Contact an agent
Home facts
- Year built:1965
- Subdivision & Development:City/Dayton Rev
- Listing ID #:959481
- Added:72 day(s) ago
- Updated:July 31, 2026 at 03:32 PM
Rooms and interior
- Bedrooms:19
- Total bathrooms:9
- Full bathrooms:9
- Kitchen Description:Range, Refrigerator
- Basement:Yes
- Living area:5,440 sq. ft.
Structure and exterior
- Year built:1965
- Building area:5,440 sq. ft.
- Lot area:0.21 Acres
- Construction Materials:Asbestos, Brick
Finances and disclosures
- Price:$715,000
- Price per sq. ft.:$131.43
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