2620 N Gettysburg Avenue, Dayton, OH 45406
Local realty services provided by:ERA Petkus Weiss
2620 N Gettysburg Avenue,Dayton, OH 45406
$375,000
- 10 Beds
- 10 Baths
- 5,986 sq. ft.
- Multi-family
- Pending
Listed by: curtis babio(937) 277-9551
Office: manco property services
MLS#:952155
Source:OH_DABR
Price summary
- Price:$375,000
- Price per sq. ft.:$62.65
About this home
Explore this well-maintained 10-unit multifamily asset situated in the heart of Dayton. This 5,986-square-foot building features ten 1-bed/1-bath units and is currently 80% occupied, reflecting the area's consistent rental demand. Current base rents average approximately $615 per month. Significant capital improvements have been made, including a roof approximately 3.5 years old and an efficient boiler system designed for year-round comfort. Six of the units have been recently renovated, providing a turnkey foundation for a new owner.
Strategic value-add is currently being implemented through a utility pass-through program. This pass-through is a separate, additional fee paid by tenants in addition to their base rent. While most tenants currently pay a $50/month fee for water, sewer, trash, and gas, recent renewals have successfully moved to a $120/month rate. All subsequent renewals are scheduled to align with this $120/month fee, offering a clear path for a potential increase in Net Operating Income. Positioned in an area noted for its economic anchors like Wright-Patterson Air Force Base and the logistics sector, this asset offers immediate stability. Professionally managed and located in a region with a track record of historical growth, this property is a strong candidate for investors seeking a value-add opportunity....
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Home facts
- Year built:1965
- Listing ID #:952155
- Added:43 day(s) ago
- Updated:April 03, 2026 at 07:36 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
- Full bathrooms:10
- Living area:5,986 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1965
- Building area:5,986 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Brick
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$62.65
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