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Four-Unit Apartment Building

1260 Governors Square Drive, Centerville, OH 45458

For Sale
$440,000

The property offers one-bedroom apartments, off-street parking, and updated building systems.

Property SizeContact for details
Days on Market244

Property Features for 1260 Governors Square Drive

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Gross Income $33,600
Highway Access Yes
Tenant in Place Yes

Amenities

Central Air
Forced Air

Building Details

Year Built 1979
Stories 1
Listing Agency: Don Dobbs
Listed By: Jon Pemberton · License OH #2006002073
Source: Kw
Added: Mar 12 Changed: Nov 8 Last Checked: Oct 23 at 1:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Don Dobbs

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Investment Insights

Based on property information with market context.

This Dayton apartment property contains four one-bedroom, one-bathroom residences. Central air and forced-air heating serve the units, and each has off-street parking. Improvements include a replacement roof, windows, and HVAC systems. The building dates to 1979 and is fully occupied by long-term tenants.

The property is at 1260 Governors Square Drive in Centerville, Ohio. Shopping, dining, major employers, and highways are described as nearby.

Key Highlights

  • Four 1‑bedroom/1‑bathroom apartments
  • Fully occupied with long‑term tenants
  • Off‑street parking for all units

Property Analytics

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

Demographics for 45458, OH

36,474
Population
15,827
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,833
Density / Sq Mi
$110,682
Median Household Income
$69,620
Median Earnings
$1,286
Median Rent
$337,500
Median Home Value

Market

Average Price Trend$/SF for Quadplexes in Montgomery County, OH

$70.47 Jul
$60.96 Aug
$70.18 Sep
$71.55 Oct

Properties on Market for Quadplexes in Montgomery County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The property offers one-bedroom apartments, off-street parking, and updated building systems.
Where is this quadplex located?
The property is located at 1260 Governors Square Drive Centerville, OH.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Four 1‑bedroom/1‑bathroom apartments; Fully occupied with long‑term tenants; Off‑street parking for all units
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