Imperial - Dayton Ohio Homes for Sale

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 Wright-Patterson Air Force Museum & WPAFB- Easy access to I-675 & US-35- Strong tenant demand from military, students, and workforce housing Investment Summary 4840 Springfield St. represents a stabilized, cash-flowing investment with modern renovations, a solid roof, and strong demand drivers. The property offers reliable income with opportunities for rent growth and long-term appreciation.

4840 Springfield Street, Dayton

Courtesy of Gregg Russell and Coldwell Banker Heritage

Selling Office: Coldwell Banker Heritage.

$460,000

9 Beds ⋅ 8 Baths ⋅ 895940 MLS

Perfect Turnkey 8 unit multifamily building located within a mile of the Wright Patterson Air Force Museum. Property consists of 7 one bed one bath units and 1 two bed one bath units. The one bedroom units are now renting at $650 and the two bedroom market rate would be $750. Average monthly collected rent is $4,955. Six of the 8 units have been fully renovated with new LVP flooring, cabinets, countertops and fresh paint. All units also come with dishwashers and there is coin laundry in the common area closet. Rent Roll and 12 month trailing P&L are attached.

4840 Springfield Street, Dayton

Courtesy of Mike Mefferd and Bridgestream Realty

Selling Office: Coldwell Banker Heritage.

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Imperial - Dayton, OH Homes for Sale

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