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$ 649,900
Est. payment /mo
New
616 Roy Avenue #614 Dayton, OH 45419
17 Beds
10 Baths
9,225 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,225 sqft
Price per Sqft $70
MLS Listing ID 935584
Bedrooms 17
Full Baths 10
Year Built 1944
Annual Tax Amount $16,338
Lot Size 0.294 Acres
Lot Dimensions .
Property Sub-Type 5+ Units
Property Description
This well-maintained 10-unit multifamily property presents a strong investment opportunity, featuring two separate buildings—614 and 616—that share a connected basement. The basement includes rentable storage closets for added income and two washer/dryer hookups, offering potential for future laundry amenities. Building 614 consists of four spacious 2-bedroom, 1-bath units, while Building 616 includes three 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, providing a versatile mix of unit options. The property is thoughtfully designed for efficient operation: the owner pays only for water, trash, and electricity in common areas, while tenants are individually responsible for gas and electric. Some of the major systems have been updated to within the last 5–7 years, offering added peace of mind for future ownership. Parking is available in a private lot located behind the buildings, as well as off-street parking. The property sits at the end of a quiet cul-de-sac, offering a sense of privacy while being conveniently located near the desirable Oakwood/Dayton/Kettering triangle. This is a prime opportunity for investors seeking a stable, income-producing property with both immediate returns and long-term value-add potential.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Unfinished
Interior
Interior Features Paddle Fans
Heating Forced Air
Cooling Central
Exterior
Parking Features None
Building
Structure Type Brick
Schools
School District Dayton
Listed by Keller Williams Community Part