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424 Gunckel Avenue

Dayton, OH 45410

4 beds
4 baths
4,952 sqft
4,386 sqft lot
$46 per sqft
1905 build
– on site

424-426 Gunckel Avenue Dayton, Ohio 45410 Great Investment Opportunity. 4-unit with gross income of 33,060/year. Cap Rate = 9.5%. Each apartment is a large, 1-bedroom and 1-full bathroom. Turnkey rental property. Updated electric to all new breakers in 2023. Tenants pay their own electric. Two furnaces and two water heaters. Each unit comes with a refrigerator and stove. Separate, exterior entrances for all 4 units. Tons of storage space in attic and basement. Original woodwork, pocket doors, hardwood floors. Close to University of Dayton, I-75, Miami Valley Hospital, and Route 35. Total of 2,600 square feet finished. Basement is unfinished. All month to month leases gives new owner great flexibility. Potential to increase revenue by installing laundry room in basement.

Listing courtesy of DABR / Chosen Real Estate Group

Last checked: Checking… • Last updated Jan 30, 2025 •

MLS# 924627 —

The Building

Year Built:

1905
Construction Materials:

AluminumSiding
Building Area Total:

4952.0
Stories Total:

3
Basement:

Unfinished
Basement:

true

Room Dimensions

Living Area:

4952.0
Living Area Source:

Assessor

Location

Directions:

South on Wayne Avenue, Left on Margaret Street, Right on Gunckel Avenue
Longitude:

-84.16443

The Property

Property Type:

ResidentialIncome
Property Sub Type:

MultiFamily
Property Sub Type Additional:

MultiFamily
Lot Size Acres:

0.1007
Lot Size Area:

4386.0
Lot Size Dimensions:

44x119x83x53
Lot Size Square Feet:

4386.0
Lot Size Source:

Assessor
Parcel Number:

R72-03406-0045
Zoning:

Residential
Zoning Description:

Residential
Latitude:

39.743078

Listing Agent

Contact info:

Taxes

Tax Legal Description:

22980-22979 PTS 34-6-46

Beds

Bedrooms Total:

4

Baths

Bathrooms Total:

4
Bathrooms Full:

4

Heating & Cooling

Heating:

ForcedAir,NaturalGas
Heating:

true
Cooling:

true
Cooling:

WindowUnits

Schools

High School District:

Dayton
Elementary School District:

Dayton
Middle Or Junior School District:

Dayton

The Community

Subdivision Name:

City/Dayton Rev

Parking

Garage:

false
Parking Features:

NoGarage

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Verizon 5G Home Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
1/27/25 Jan 27, 2025	Listed / Active	DABR	$229,000

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This multifamily located in Southeast Dayton, Dayton, OH 45410 is currently for sale for $229,000. 424 Gunckel Avenue is a 4,952 square foot multifamily with 4 beds and 4 baths that has been on Estately for 23 days. 424 Gunckel Avenue is in the Southeast Dayton neighborhood of Dayton and has a WalkScore® of 53, making it somewhat walkable. This multifamily is in the attendance area of Horace Mann Prek-6 School, Kemp Prek-6 School, Eastmont Prek-6 School, and Cleveland Prek-6 School.

Listing Courtesy of: DABR and Chosen Real Estate Group.

© 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.