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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 December 2024: valued at $470K for bank loan (can be provided upon serious offer request). NOI analysis for full year of 2024 operations provided in supplemental documents year, demonstrating net $43,000/ year after expenses (excluding mortgage). 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 Jan 30, 2025 •

MLS# 918922 —

The Building

Year Built:

1935
Construction Materials:

AluminumSiding,Asphalt,FiberCement,Frame,ShingleSiding,Stucco,VinylSiding,WoodSiding
Building Area Total:

4284.0
Exterior Features:

Fence,Porch,Patio
Door Features:

SixPanelDoors
Window Features:

AluminumFrames,InsulatedWindows,WoodFrames
Patio And Porch Features:

Covered,Patio,Porch
Security Features:

SurveillanceSystem
Stories Total:

3
Basement:

Full,PartiallyFinished,WalkOutAccess
Basement:

true

Interior

Interior Features:

Attic,KitchenIsland,LaminateCounters,Pantry,Remodeled

Room Dimensions

Living Area:

4284.0
Living Area Source:

Assessor

Financial & Terms

Availability Date:

2024-09-01
Tenant Pays:

Electricity

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.
Longitude:

-84.214026

The Property

Property Type:

ResidentialIncome
Property Sub Type:

MultiFamily
Property Sub Type Additional:

MultiFamily
Lot Size Acres:

0.13
Lot Size Area:

5663.0
Lot Size Dimensions:

50 x 111
Lot Size Square Feet:

5663.0
Lot Size Source:

Assessor
Parcel Number:

J44120911-0064
Zoning:

Commercial,Multiple
Zoning Description:

Commercial,Multiple
Latitude:

39.692823
Fencing:

Partial,Wood

Listing Agent

Contact info:

Taxes

Tax Legal Description:

1374 MORAINE

Beds

Bedrooms Total:

6

Baths

Bathrooms Total:

5
Bathrooms Full:

5

Heating & Cooling

Heating:

ForcedAir,NaturalGas
Heating:

true
Cooling:

Other

Utilities

Utilities:

NaturalGasAvailable,WaterAvailable
Water Source:

Public

Appliances

Appliances:

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

Schools

High School District:

West Carrollton
Elementary School District:

West Carrollton
Middle Or Junior School District:

West Carrollton

Parking

Parking Features:

Driveway,ParkingLot,Private,Storage

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Provided by WalkScore® Inc.

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Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
1/27/25 Jan 27, 2025	Listed / Active	DABR	$475,000

Multifamily For Sale

$475,000

Listing provided by broker:

James Kinlaw

Outside The Box Real Estate

(937) 202-9001

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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 51 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.

© 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.