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440 Maryland Ave

Dayton OH 45404

12
10
14238 sq. ft.
19907 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

INVESTOR OPPORTUNITY! Large 10-unit multifamily building offering an excellent opportunity for an investor, developer, or owner-operator looking to take on a substantial renovation project. The property features a desirable unit mix of 8 one-bedroom apartments and 2 two-bedroom apartments, providing flexibility for a variety of rental strategies once fully renovated. The building has significant potential but requires a complete rehabilitation, allowing a new owner the opportunity to reimagine the property and create substantial value through improvements. The property sits on a large parcel and includes a dedicated parking lot, providing valuable off-street parking for future residents. A detached garage also offers additional possibilities and could potentially be utilized as a recreational/common area, laundry facility, storage, workshop, or other amenity space. With its size, unit count, parking, and flexible detached garage space, 440 Maryland Ave presents an opportunity to transform an existing multifamily property into a strong income-producing asset. Property is being sold in its current condition. Buyer to conduct their own due diligence regarding zoning, utilities, occupancy requirements, permits, renovation costs, and intended use. Bring your vision and turn this large multifamily property into your next investment.

Features

12 bedrooms
10 bathrooms
14238 sq. ft. floor area
19907 sq. ft. lot size
Multi-Family

Property history for 440 Maryland Ave

2024
Sold
$436,500
14 Feb 2024 by Bethany Yost, of Irongate Inc.
2020
Sold
$365,000
13 Jan 2020 by William Furlong, of Plum Tree Realty

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Local market activity for 12 bedroom multi families in Dayton

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