4840 Springfield Street, Riverside, OH 45431

Local realty services provided by:ERA Petkus Weiss
4840 Springfield Street,Dayton, OH 45431
$495,000
  • 9 Beds
  • 8 Baths
  • 5,332 sq. ft.
  • Multi-family
  • Pending
Listed by: gregg russell, paul j howe(937) 439-4500
Office: coldwell banker heritage
MLS#:944618
Source:OH_DABR

Price summary

  • Price:$495,000
  • Price per sq. ft.:$92.84

About this home

INVESTMENT HIGHLIGHTS * Turnkey Investment Opportunity * Outstanding Rental Market (Workforce, University, Military) * Recent Renovations EXECUTIVE SUMMARY Cash Flowing | Turnkey 8-Unit Multifamily Investment Opportunity Property Overview Built in 1971, this 5,332 SF multifamily building features 8 total units: seven 1-bedroom/1-bathroom and one 2-bedroom/1-bathroom. Seven of the eight units have been fully renovated with modern upgrades. Interior & Exterior 7 Renovated Units: LVP flooring, cabinets, countertops, paint- All units include dishwashers- Coin laundry in common area closet- Brick exterior, slab foundation- Heating: Baseboard | Cooling: Window A/C units Financial Snapshot One-Bed Rents: $695 | Two-Bed Rent: $675 (Market Rent: $850)- Gross Rent Potential: $66,000+ annually (current rents 15-20% below market)- Rent Roll & 12-month trailing P&L available upon request- Upside potential in rents & final renovation Location Advantages Less than 1 mile from

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Home facts

  • Year built:1971
  • Listing ID #:944618
  • Added:91 day(s) ago
  • Updated:January 07, 2026 at 08:37 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:5,332 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1971
  • Building area:5,332 sq. ft.
  • Lot area:0.9 Acres

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$92.84

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