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455 Forest Avenue

Dayton OH 45405

21
11
4
12074 sq. ft.
16553 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

11-unit multifamily investment opportunity with strong in-place income and additional revenue potential. The property consists of ten 2-bedroom, 1-bath units plus one efficiency/studio unit, with rents currently ranging from $550 to $844 per month. Two units also feature private enclosed porches. Tenants pay their own gas and electricity, helping limit owner-paid utility expenses. The property includes a private rear parking lot, four garage bays that could provide additional rental income, and separate management/office space in the basement. There is additional income potential through leasing the garage bays, optimizing below-market rents as units turn over, and making use of the basement office/management space where appropriate. Prime Dayton location near Grandview Hospital and downtown, with convenient access to public transportation and major interstates. An attractive opportunity for an investor seeking an established income-producing 11-unit property with multiple avenues for future revenue growth.

Features

21 bedrooms
11 bathrooms
4 carspaces
4 garage spaces
12074 sq. ft. floor area
16553 sq. ft. lot size
Multi-Family

Property history for 455 Forest Avenue

2025
Sold
$590,000
09 Apr 2025 by Dennis Taylor, of Federle, Inc.
2022
Sold
$455,000
30 Nov 2022 by Tracey Bitonti, of Irongate Inc.

Happy sellers in Dayton

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Local market activity for 21 bedroom multi families in Dayton

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