New Listing
Description
Central Superior presents a compelling 42-unit multifamily investment opportunity in Dayton's Grafton Hill neighborhood. The property includes 31 studios and 11 one-bedroom units averaging 416 SF, with on-site laundry, a 12+ vehicle garage, and individually metered electric. Since 2021, ownership has completed significant capital improvements, including both roofs, replacement windows, most electrical panels, plumbing stacks, hallway flooring, and a renovated laundry room, with approximately 85% of units renovated. In-place rents average $636 for studios and $750 for one-bedrooms, with additional upside through rent growth, garage parking, and a potential bulk cable/internet program. Located approximately one mile from Kettering Health Dayton and within three miles of major area institutions and employment centers.
Details
| MLS # | 970173 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1967 |
| Days On Site | 2 |
| Listing Provided By | Outside The Box Real Estate | Max Wechter |
Features
| Bed(s) | 42 |
|---|---|
| Bath(s) | 42 Total |
| SQ Feet | 24,102 |
| Basement | Y |
| Acreage | 0.46 |
Taxes
| Property | 13030 |
|---|
Area Information
| State | OH |
|---|---|
| County | Montgomery |
| City | Dayton |
| Zip Code | 45406 |
| Area | Montgomery |
| Community Name | City/Dayton Rev |
| School District | Dayton |
| Listing VS Median (in City/Dayton Rev) | |
Price: $1,700,000 low | high Med: $135,000 sqft: 24,102 low | high Med: 1,410 $ / sqft: $71 low | high Med: $96 On site: 2 low | high Med: 40 | |
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Learn More About This Property
| State | OH |
|---|---|
| County | Montgomery |
| City | Dayton |
| Zip Code | 45406 |
| Area | Montgomery |
| Community Name | City/Dayton Rev |
| School District | Dayton |
| Listing VS Median (in City/Dayton Rev) | |
Price: $1,700,000 low | high Med: $135,000 sqft: 24,102 low | high Med: 1,410 $ / sqft: $71 low | high Med: $96 On site: 2 low | high Med: 40 | |