1 of 42

Want to see this property?

4121 S Dixie Drive

Moraine, OH 45439

6 beds
5 baths
4,284 sqft
5,663 sqft lot
$110 per sqft
1935 build
– on site

Extensively renovated 5-unit apartment building (four 1-BRs and one 2-BR) with no deferred maintenance. Unique commercially zoned property has stately appeal with a common, raised front porch that overlooks the brand new West Carrollton Intermediate School--directly across the street. Location is outstanding- only one block from Stroop and Kettering amenities. Four of 5 apartments are completely remodeled, with the one remaining in excellent condition. New roof, mostly new windows, new HVACs, new on-demand gas hot water, mostly new flooring, mostly new appliances, cabinets and countertops throughout; new paint. Modern styling and quickly rentable. 2-BR has private laundry room and Common coin laundry and tenant storage area for other units; newly paved/ repaved and lined designated space parking lot. Electronic main door entries and 4-camera exterior security. New exterior aluminum trim, siding and paint. Nicely landscaped and attractive setting. Commercial appraisal conducted in May 2023: valued at $465K for bank loan (can be provided upon serious offer request). First year of full operations achieved NOI exceeding $44K/year (see summary statement in attached documents). Rents range from $775 for non-renovated 1-BR unit to $1145 for the 2-BR. Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.

Listing courtesy of DABR / Outside The Box Real Estate

Last checked: Checking… • Last updated Dec 19, 2024 •

MLS# 918922 —

The Building

Year Built:

1935
Construction Type:

Aluminum, Asphalt, Cement / Fiber Board, Frame, Shingle, Stucco, Vinyl, Wood
SqFt Total:

4284
Basement:

Full, Semi-Finished, Walkout
Windows:

Aluminum, Insulated, Wood Frame

Interior

Inside Features:

6 Panel Door, Attic, Gas Water Heater, Security / Surveillance, Storage Lock
Kitchen Features:

Island, Laminate Counters, Pantry, Remodeled

Financial & Terms

Distressed Property:

None

Location

Directions:

Take I-75 S towards Springboro, exit N Springboro Pike (741) South, turn hard left onto South Dixie Drive. Park at West Carrollton Intermediate School parking lot and cross street to meet sellers agent.

The Property

Property Type:

Multi-Family
Property Subtype:

5+ Units
Parcel Number:

J44120911-0064
Lot Dimensions:

50 x 111
Lot Size Source:

Assessor's Data
Lot SqFt:

5,663 Sqft
0.1300

Acres:
Zoning:

Commercial, Multiple
Outside Features:

Covered Patio, Fence, Partial Fence, Porch, Wood Fence

Listing Agent

Contact info:

Taxes

Semi Annual Taxes:

$1,381

Beds

Beds Total:

6

Baths

Total Baths:

5
Full Baths:

5

Heating & Cooling

Heating:

Forced Air, Natural Gas
Cooling:

Other

Utilities

Utilities:

City Water, Natural Gas

Appliances

Appliances:

Cooktop, Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Washer

Schools

School District:

West Carrollton

The Community

Assessments:

NONE

Parking

Garage:

Storage

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
12/19/24 Dec 19, 2024	Relisted	DABR	$475,000	-4.0%
9/12/24 Sep 12, 2024	Pending	DABR	$495,000
9/1/24 Sep 1, 2024	Listed / Active	DABR	$495,000

Want a closer look?

Go see 4121 S Dixie Drive

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Moraine, OH

Similar sold homes

This multifamily located in Moraine, OH 45439 is currently for sale for $475,000. 4121 S Dixie Drive is a 4,284 square foot multifamily with 6 beds and 5 baths that has been on Estately for 111 days. This multifamily is in the attendance area of Van Buren Middle School, Southdale Elementary School, and Kettering Fairmont High School.

Listing Courtesy of: DABR and Outside The Box Real Estate.

© 2024 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.