Fully Leased 4-Unit Apartment
1315 Chardon Court Dayton, OH 45403
For Sale
Under Contract
$300,000
MULTI_FAMILY - Dayton, OH
Property Size2,800 SF
Lot Size0.14 Acres
Price / SF$107.14
Days on Market47
Property Features for 1315 Chardon Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multiple
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
- Parking features
- Garage
- Appliances
- Range, Refrigerator
- Standard status
- Active Under Contract
- APN
- R72-04310-0046
- Size
- 2,800 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Description
- 76744
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
Listing Agency:
Keller Williams Advisors Rlty
(937) 848-6255
Listed By:
Aundrey Carter
(937) 270-7656
Added: Jun 11
Changed: Jul 24
Last Checked: Jul 27 at 8:06AM
MLS# 961462
Copyright © 2026 Dayton Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit multifamily property includes four 1-bedroom, 1-bath apartments. Each unit has a kitchen and dining area, with washer and dryer hookups available. The building offers off-street parking, and tenant-paid heat and electric are in place to help reduce owner utility responsibilities. At the time of listing, three units are rented and one unit is vacant.
The property is located in Dayton, Ohio, within convenient access to downtown, shopping, dining, and major highways. The lot size is listed as 0.14 acres.
For investors seeking a small residential income asset with multiple separate apartments, this quadplex-style configuration can support continued rental operations and unit turnover. Showings require proof of funds, and tenants must not be disturbed.
The property is located in Dayton, Ohio, within convenient access to downtown, shopping, dining, and major highways. The lot size is listed as 0.14 acres.
For investors seeking a small residential income asset with multiple separate apartments, this quadplex-style configuration can support continued rental operations and unit turnover. Showings require proof of funds, and tenants must not be disturbed.
Key Highlights
- Fully occupied 4‑unit multifamily with immediate cash flow potential
- Four 1‑bedroom, 1‑bath apartments with kitchen, dining area, and washer/dryer hookups
- Rents: three units at $795/month; one unit is currently vacant
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.1k | $18.96 |
| − Vacancy | −$3.1k | −$1.10 |
| EGI | $50.0k | $17.86 |
| − OpEx | −$22.5k | −$8.04 |
| NOI | $27.5k | $9.82 |
2,800 SF · lease $18.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$428.6K
$375.0K – $500.0K
NOI $30,002 @ 7.0% cap · market cap 10.00%
Second Best
Apartment 5plus
$392.9K
$343.8K – $458.4K
NOI $27,505 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$596.7K
$522.2K – $696.2K
NOI $41,772 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four 1-bedroom units with kitchens, dining areas, washer/dryer hookups, and off-street parking for income-focused owners.
Where is this quadplex located?
The property is located at 1315 Chardon Court Dayton, OH.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Fully occupied 4‑unit multifamily with immediate cash flow potential; Four 1‑bedroom, 1‑bath apartments with kitchen, dining area, and washer/dryer hookups; Rents: three units at $795/month; one unit is currently vacant
