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Vacant Duplex with Two 2BR Units

8749 Shadycreek Drive Dayton, OH 45458

8749 Shadycreek Drive, Dayton, OH, 45458
$389,900
Pending
For Sale
Claim this Listing
$389,900
Pending

MULTI_FAMILY - Dayton, OH

Property Size2,644 SF
Lot Size0.40 Acres
AddedMar 9
Days on Market128
Last RefreshJul 14 at 12:06 pm

Property Features for 8749 Shadycreek Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1
Parking features
Garage, Driveway, Open
Patio and Porch features
Patio
Interior features
CeilingFans, LaminateCounters
Exterior features
Patio
Appliances
Dishwasher, Range, Refrigerator, GasWaterHeater
Standard status
Pending
APN
O67-21807-0006
Size
2,644 SF
Lot size
0.40 Acres

Taxes and HOA fees

Tax Description
386 OAK CREEK SOUTH SEC 8

Utilities

Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1978
Floors in Building
1
Number of units
2
Building materials
Brick

Listing agent Andrew Gaydosh License #2001008598

Listing office eXp Realty 70 Birch Alley Ste 240 Bldg B, Dublin, OH

Listing date Mar 9, 2026

MLS# 953797 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 features two spacious 2-bedroom, 1.5-bath units, each with approximately 1,322 square feet of living space, for a total of about 2,644 square feet. Both units are currently vacant, giving the next owner flexibility for an owner-occupant setup or a fresh rental program. According to the listing remarks, one unit is move-in ready while the other would benefit from cosmetic updates.

The property is located at 8749 Shadycreek Drive in Dayton, OH 45458, in Montgomery County. The site covers approximately 0.4 acres and is described under residential zoning.

For prospective tenants, buyers, or operators, the unit mix supports larger household demand typical of 2-bedroom layouts, and the vacant condition allows for timely occupancy planning. The combination of a move-in ready unit and a second unit with cosmetic update potential may appeal to buyers looking to control near-term readiness while maintaining the two-unit income structure previously cited by the seller.

Key Highlights

  • Centerville duplex with two 2‑bedroom, 1.5‑bath units totaling approx. 2,644 sq. ft. (approx. 1,322 sq. ft. per unit).
  • Both units are currently vacant, offering flexibility for an owner‑occupant or investor.
  • Previously generated $2,900/month in rental income with consistent occupancy history.

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 $42.8k $16.20
− Vacancy −$2.4k −$0.89
EGI $40.5k $15.31
− OpEx −$12.1k −$4.59
NOI $28.3k $10.72
2,644 SF · lease $16.20/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$404.7K
$354.1K – $472.2K (±1% cap)
NOI $28,331 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$371.0K
$324.7K – $432.9K (±1% cap)
NOI $25,972 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$563.5K
$493.1K – $657.4K (±1% cap)
NOI $39,444 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Bakery Electrical Service (Bike/Boat/Book/etc) Store Daycare Center Big Box & Wholesale Store Food Market Carpet & Flooring Store Grocery & Convenience Store Locksmith Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two vacant 2-bedroom, 1.5-bath units offer flexible use for an owner-occupant or rental housing plan.
Where is this duplex located?
The property is located at 8749 Shadycreek Drive Dayton, OH.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Centerville duplex with two 2‑bedroom, 1.5‑bath units totaling approx. 2,644 sq. ft. (approx. 1,322 sq. ft. per unit).; Both units are currently vacant, offering flexibility for an owner‑occupant or investor.; Previously generated $2,900/month in rental income with consistent occupancy history.
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