311 Marathon Avenue, Dayton, OH 45406
- $225,000
- 8
- BD
- 4
- BA
- 4,704
- SqFt
- List Price
- $225,000
- MLS#
- 962575
- Status
- ACTIVE UNDER CONTRACT
- City
- Dayton
- Bedrooms
- 8
- Full Bathrooms
- 4
- Year Built
- 1945
- Living Area
- 4,704
Property Description
Presenting an exceptional opportunity for multifamily investors, this low-rise property at 311 Marathon Ave in Dayton, OH offers a spacious 4,704 SF building with 4 units and a possible 5th unit in the basement, air conditioned, and currently at a 75% occupancy rate. The possible 5th unit in the basement needs fully rehabbed and zoned. There are detached garages in the rear of the building. Built in 1945 and zoned MR-5, this investment showcases strong historical performance and potential for continued success in the thriving Dayton area. Each unit provides comfortable living spaces, and the property is positioned for increased occupancy and rental income. With an additional upside potential, this investment opportunity represents an attractive option for multifamily investors seeking to expand their portfolio in the dynamic Dayton market.
Additional Information
- Living Area
- 4,704
- Basement Desc
- Unfinished
- Garage Desc
- Detached, Four or more Spaces, Garage
- Cooling
- Central Air
- Heating
- Forced Air
- School District
- Dayton
- Zoning
- Residential
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Courtesy of Douglas Broomhall and West Fork Realty Group LLC
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