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1352 Saint Adelbert Avenue

Dayton, OH 45404

20 beds
20 baths
8,730 sqft
4,792 sqft lot
$143 per sqft
1968 build
– on site

This fully renovated 10-unit townhome-style building presents an incredible investment opportunity with a strong, stable income stream. Offering a total of 20 bedrooms and 20 bathrooms, each of the units is currently leased at $1,200 per month, generating a consistent $12,000 in monthly rental income. The property is fully occupied under a three-year master lease agreement, with an automatic renewal option for an additional three years at a 5% annual rent increase. Boasting a 10.4% cap rate, this turnkey investment is ideal for an investor seeking immediate returns and long-term stability. Tenants are responsible for all utilities, including water and trash, while the owner covers property taxes and insurance. Additionally, on-site management is in place, and tenants are responsible for maintenance and repairs under $300 or if damage is caused by them. This property is an excellent opportunity for a buyer looking to acquire a low-maintenance, high-yield investment with minimal risk. Units will be available for showings upon acceptance of an offer, making it easy for the new owner to take over and enjoy the benefits of this prime property for years to come. Pictures do not show appliances, but all units have stainless steel appliances microwave, range, dishwasher and fridge.

Listing courtesy of DABR / Coldwell Banker Heritage

Last checked: Checking… • Last updated Mar 25, 2025 •

MLS# 927882 —

The Building

Year Built:

1968
Construction Materials:

Brick,Frame
Building Area Total:

8730.0
Foundation Details:

Slab
Stories Total:

2

Interior

Interior Features:

Attic,GraniteCounters,Remodeled

Room Dimensions

Living Area:

8730.0
Living Area Source:

Assessor

Financial & Terms

Tenant Pays:

Electricity,Gas,Heat,Sewer,TrashCollection,Water

Location

Directions:

Take Brandt St turn right to St Adalbert Ave.
Longitude:

-84.158952

The Property

Property Type:

ResidentialIncome
Property Sub Type:

MultiFamily
Property Sub Type Additional:

MultiFamily
Lot Size Acres:

0.11
Lot Size Area:

4792.0
Lot Size Dimensions:

120x125
Lot Size Square Feet:

4792.0
Lot Size Source:

Assessor
Parcel Number:

R72-16709-0044
Zoning:

Residential
Zoning Description:

Residential
Latitude:

39.78618

Listing Agent

Contact info:

Taxes

Tax Legal Description:

74483

Beds

Bedrooms Total:

20

Baths

Bathrooms Total:

20
Bathrooms Half:

10
Bathrooms Full:

10

Heating & Cooling

Heating:

ForcedAir,NaturalGas
Heating:

true
Cooling:

true
Cooling:

CentralAir

Utilities

Utilities:

NaturalGasAvailable,SewerAvailable,WaterAvailable
Water Source:

Public

Appliances

Appliances:

Dishwasher,Microwave,Range,Refrigerator

Schools

High School District:

Dayton
Elementary School District:

Dayton
Middle Or Junior School District:

Dayton

The Community

Subdivision Name:

City/Dayton

Parking

Garage:

false
Parking Features:

NoGarage,ParkingLot

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/24/25 Mar 24, 2025	Pending	DABR	$1,250,000
2/14/25 Feb 14, 2025	Listed / Active	DABR	$1,250,000

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This multifamily located in Northeast Dayton, Dayton, OH 45404 is currently pending sale for $1,250,000. 1352 Saint Adelbert Avenue is a 8,730 square foot multifamily with 20 beds and 20 baths that has been on Estately for 41 days. 1352 Saint Adelbert Avenue is in the Northeast Dayton neighborhood of Dayton and has a WalkScore® of 25, making it car-dependent. This multifamily is in the attendance area of Ruskin Prek-6 School and Kiser Prek-6 School.

Listing Courtesy of: DABR and Coldwell Banker Heritage.

© 2025 DABR MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. DABR MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. DABR MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.