413 Briarwood Avenue, Dayton, OH 45403

Property Description

Excellent investment opportunity in Dayton! This six-unit multifamily property features six spacious two-bedroom, one-bathroom apartments, offering an attractive unit mix and strong potential for long-term rental income and portfolio growth. The property has demonstrated positive financial performance, generating $42,383 in operating income and $22,738 in net operating income (NOI) from January through October 2026. Additional revenue streams include pet rent, laundry income, and utility reimbursements, providing opportunities for diversified income beyond base rents. Currently, four of the six units are occupied, generating $2,823 in monthly scheduled rental income, with two vacant units (due to recent move outs) presenting an immediate opportunity to increase occupancy and cash flow. Investors have the potential to enhance returns through leasing the remaining units, evaluating rental rates, and maximizing operational efficiencies. High efficiency boiler replaced in 2025 for hot water and heat service to the building.