Remodeled Seven-Unit Multifamily
445 Hunter Avenue Dayton, OH 45404
For Sale
$500,000
MULTI_FAMILY - Dayton, OH
Property Size4,560 SF
Lot Size0.42 Acres
Price / SF$109.65
Days on Market108
Property Features for 445 Hunter Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 12
- Bathrooms
- 7
- Rooms
- Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 5, Bedroom 8, Bedroom 6, Bedroom 1, Bedroom 7, Bedroom 11, Bathroom 6, Bathroom 7, Bedroom 12, Bedroom 2, Bedroom 9, Bathroom 1, Bedroom 3, Bedroom 10, Bedroom 4, Bathroom 4
- Parking features
- Garage, On Street, Parking Lot
- Window features
- Aluminum Frames
- Interior features
- GraniteCounters, Remodeled
- Appliances
- Dryer, Range, Refrigerator, Washer, GasWaterHeater
- Standard status
- Active
- APN
- R72-05801-0046
- Size
- 4,560 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Description
- 25430 25431 58-1-47
Utilities
- Heating system
- Baseboard
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1968
- Floors in Building
- 2
- Number of units
- 7
- Building materials
- Brick
Listing Agency:
Keller Williams Community Part
(937) 530-4904
Listed By:
Adong Ni
(937) 503-9058
Added: Apr 10
Changed: Jul 25
Last Checked: Jul 26 at 7:06AM
MLS# 956309
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 remodeled, move-in-ready seven-unit multifamily property is configured with 12 bedrooms and 7 full bathrooms. The building is described as smartly laid out for income efficiency, with updates made to bring each unit to modern standards. The property also includes separate utilities, on-site laundry, off-street parking, and separate entrances.
Located at 445 Hunter Avenue in Dayton, Ohio 45404 (Montgomery County), the listing notes easy access to highways, downtown amenities, parks, and key employment hubs. Zoning is listed as Residential.
With a lot size of 0.42 acres and a property size of 4,560 square feet, this is positioned as an investment opportunity where furnished documentation such as leases, income statements, and a rent roll can be provided upon request.
Located at 445 Hunter Avenue in Dayton, Ohio 45404 (Montgomery County), the listing notes easy access to highways, downtown amenities, parks, and key employment hubs. Zoning is listed as Residential.
With a lot size of 0.42 acres and a property size of 4,560 square feet, this is positioned as an investment opportunity where furnished documentation such as leases, income statements, and a rent roll can be provided upon request.
Key Highlights
- 7‑unit multifamily building with 12 bedrooms and 7 full bathrooms
- Fully remodeled interiors with granite countertops
- Brick construction built in 1968
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 | $86.5k | $18.96 |
| − Vacancy | −$5.0k | −$1.10 |
| EGI | $81.4k | $17.86 |
| − OpEx | −$36.6k | −$8.04 |
| NOI | $44.8k | $9.82 |
4,560 SF · lease $18.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$639.9K
$559.9K – $746.6K
NOI $44,794 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$971.8K
$850.4K – $1.13M
NOI $68,028 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
1031 exchange properties
FAQs
What type of property is this?
Apartment building - Turnkey seven-unit multifamily with separate utilities, on-site laundry, off-street parking, and separate entrances.
Where is this apartment building located?
The property is located at 445 Hunter Avenue Dayton, OH.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 7‑unit multifamily building with 12 bedrooms and 7 full bathrooms; Fully remodeled interiors with granite countertops; Brick construction built in 1968
