116 Bellaire Avenue, Dayton, OH 45420
- $185,000
- 4
- BD
- 2
- BA
- 1,725
- SqFt
- List Price
- $185,000
- MLS#
- 962715
- Status
- ACTIVE
- City
- Dayton
- Bedrooms
- 4
- Full Bathrooms
- 2
- Year Built
- 1945
- Living Area
- 1,725
- Subdivision
- City/Dayton
Property Description
Turnkey Duplex Investment at 116 Bellaire Ave. This income-producing property offers immediate cash flow with a 7.3% cap rate (professionally managed) and an 8.8 GRM. The 1,725 sq ft building features two fully leased 2-bed, 1-bath units generating $1,750/month ($850 lower/$900 upper). Tenants pay their own utilities, owner covers water/trash ($100/mo) and low annual taxes of $1,988. Each unit includes spacious living/dining areas and full basement access with laundry. Major capital improvements include a new roof (2025), concrete entrance steps (2026), main plumbing stack/sewer line replacement (2022), and upper-unit cosmetic/bathroom updates (2022). Includes a detached 2-car garage. Prime rental location just 1 mile from the University of Dayton, Miami Valley Hospital, and Brown Street dining, plus easy access to US-35, I-75, and WPAFB (7.4 miles). Financials and leases available upon request.
Additional Information
- Acres
- 0.30
- Lot Size
- 13,003
- Living Area
- 1,725
- Basement Desc
- Full, Unfinished
- Garage Desc
- Driveway, Detached, Garage, Two Car Garage
- Cooling
- Central Air
- Heating
- Forced Air, Natural Gas
- School District
- Dayton
- Zoning
- Residential
Mortgage Calculator
Courtesy of Catherine A Cable and Keller Williams Community Part
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