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Duplex with Waterproofed Basement
For Sale
Contact for pricing
Pending

2621 Lakeview Ave, Dayton, OH 45417

Two-unit duplex with a professionally waterproofed basement and prior $750 per-unit leasing history.

Property SizeContact for details
Days on Market150

Property Features for 2621 Lakeview Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Cap Rate 12.5%
Multifamily Units 2
Listing Agency: The Robert Weiler Company
Listed By: Jim Spiegel · License #2015005127
Source: Crexi
Added: Apr 11 Changed: Aug 24 Last Checked: Sep 4 at 11:25PM

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 The Robert Weiler Company

Investment Insights

Based on property information with market context.

This two-unit duplex includes both units that were previously leased at $750 each. The property has a professionally waterproofed basement, described as an $18,000 value, and it is being sold “as is.” Unit condition is split: one unit has new windows, while the other unit needs windows.

The property is located at 2621 Lakeview Ave in Dayton, Ohio 45417.

Financing is described as cash or conventional only. The seller states that inspections are for informational purposes only and that no repairs or concessions will be made. The listing also references a 12.5% cap rate.

Key Highlights

  • Prior lease history: both units were previously rented for $750 each
  • Professionally waterproofed basement (noted $18,000 value)
  • New windows in one unit; the other unit needs windows

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Spa & Massage Center Dental Office Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

169
Businesses Nearby

Demographics for 45417, OH

28,079
Population
14,987
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
81%
High-School Grad
32.2 sq mi
ZIP Area
872
Density / Sq Mi
$35,027
Median Household Income
$29,550
Median Earnings
$861
Median Rent
$73,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex with a professionally waterproofed basement and prior $750 per-unit leasing history.
Where is this duplex located?
The property is located at 2621 Lakeview Ave Dayton, OH.
What are key features of this property?
This property features: Prior lease history: both units were previously rented for $750 each; Professionally waterproofed basement (noted $18,000 value); New windows in one unit; the other unit needs windows
More about this property
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