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Two-Unit Duplex with Detached Garage

357 Rockhill Avenue Kettering, OH 45429

New
357 Rockhill Avenue, Kettering, OH, 45429
$294,500
For Sale
$294,500

MULTI_FAMILY - Kettering, OH

Property Size1,522 SF
Lot Size0.12 Acres
Price / SF$193.50
Days on Market4

Property Features for 357 Rockhill Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Basement, Bedroom 1, Bedroom 4
Parking features
On Street, Garage, Driveway
Patio and Porch features
Porch
Interior features
HighSpeedInternet, LaundryChute, Remodeled
Exterior features
Fence, Porch
Fencing
Fenced
Appliances
Range, Refrigerator, GasWaterHeater
Standard status
Active
APN
N64-00203-0127
Size
1,522 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Description
127 E OAKWOOD R & C

Utilities

Heating system
Forced Air, Natural Gas
Cooling system
Window Unit(s)

Building Details

Year built
1940
Floors in Building
1
Number of units
2
Building materials
AluminumSiding, Block, Frame
Listing Agency Irongate Inc.
305 E Central Ave., Dayton, OH
Listed by Jon Glista
Added: Jul 14 Checked: Jul 17 at 10:06 am
MLS# 964192 Listing URL

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 duplex offers two separate units, each featuring two bedrooms and one full bath. The layout includes a large living area, formal dining space, and a kitchen with appliances, updated cabinets, and an open-concept design. Updates are noted across key building systems and finishes, including the roof, windows, kitchen and baths, and HVAC. Both units have been repainted with neutral colors.

Each unit includes access to its own unfinished basement, which can provide storage and room for future customization. The property also includes a detached two-car garage. The listing indicates the duplex is located near Fairmont H.S. and in close proximity to shopping, restaurants, and schools.

As a residential duplex, it is suited for buyers seeking a two-unit rental structure with separate living spaces and dedicated basement areas.

Key Highlights

  • 2‑unit duplex in Kettering, each unit with 2 bedrooms and 1 bath
  • Unfinished dual basements for extra storage and future customization potential
  • Detached 2‑car garage plus driveway and on‑street parking

Local Financial Insights For Multifamily LT 5

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 $21.0k $13.80
− Vacancy −$878 −$0.58
EGI $20.1k $13.22
− OpEx −$6.0k −$3.97
NOI $14.1k $9.26
1,522 SF · lease $13.80/SF/yr · vacancy 4.18% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$201.3K
$176.1K – $234.8K (±1% cap)
NOI $14,088 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$185.2K
$162.1K – $216.1K (±1% cap)
NOI $12,964 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office B
$286.2K
$250.4K – $333.9K (±1% cap)
NOI $20,032 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - A 2-unit duplex with two bedrooms and one bath per unit, plus a detached two-car garage and unfinished basements.
Where is this duplex located?
The property is located at 357 Rockhill Avenue Kettering, OH.
What is the asking price?
The asking price for this property is $294,500.
What are key features of this property?
This property features: 2‑unit duplex in Kettering, each unit with 2 bedrooms and 1 bath; Unfinished dual basements for extra storage and future customization potential; Detached 2‑car garage plus driveway and on‑street parking
Contact an agent
More about this property
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