1723-1731 McArthur Avenue Unit 8, Dayton, OH 45417

$699,000
19
BD
9
BA
5,440
SqFt

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List Price
$699,000
Status
ACTIVE
Days on Market
96
Price Change
▼ $6,000 1787179335
MLS#
959481
Subtype
Residential Income
Year Built
1965
Bedrooms
19
Bathrooms
9
Full Baths
9
Living Area
5,440
Lot Size
9,148
Acres
0.21
Subdivision
City/Dayton Rev

Property Description

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 net 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.

Additional Information

Zoning
Residential, Commercial
Appliances
Range, Refrigerator
Heating
Natural Gas
Air Conditioning
Wall Unit(s)
School District
Dayton

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Calculator source: Real Geeks

Courtesy of Casey McGowan and One Tree Realty & Property Mgm

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