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Brick Quadplex with Recent Improvements
New
For Sale
$245,000

24 Fernwood Ave, Dayton, OH 45405

Fully occupied apartment property with tenant-paid heat and electricity, plus multiple recent building upgrades.

Property Size4,500 SF
Price / SF$54.44
Days on Market4

Property Features for 24 Fernwood Ave

General Information

Standard status Active
Size 4,500 SF
Property subtype Multi-Family

Building Details

Year Built 1951
Listing Agency: Collins Real Estate Services
Listed By: Streetlight Realty
Source: Streetlightrealtors
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 29 at 7:18PM

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 Collins Real Estate Services

Investment Insights

Based on property information with market context.

This 4,500-square-foot brick quadplex contains four one-bedroom, one-bath apartment units. Built in 1951 and zoned ER-4, the property is reported at 100% occupancy. Tenants pay their own heat and electricity, while the seller currently self-manages the asset.

Capital improvements include a roof installed in 2021, four heat pumps added in 2023, and new floors, windows, and appliances installed in three units in early 2021. Two water heaters were installed in 2026. The property consists of two parcels at 24 Fernwood Ave in Dayton, Ohio.

Key Highlights

  • Four 1‑bedroom, 1‑bath apartment units in a 4,500 SF building
  • 100% occupancy reported
  • All‑brick construction; built in 1951

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Building Supply

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

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 45405, OH

18,124
Population
11,773
Households
1.5
Avg Household Size
37
Median Age
19%
College-Educated
91%
High-School Grad
4.0 sq mi
ZIP Area
4,531
Density / Sq Mi
$41,901
Median Household Income
$32,263
Median Earnings
$858
Median Rent
$74,100
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?
Quadplex - Fully occupied apartment property with tenant-paid heat and electricity, plus multiple recent building upgrades.
Where is this quadplex located?
The property is located at 24 Fernwood Ave Dayton, OH.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bath apartment units in a 4,500 SF building; 100% occupancy reported; All‑brick construction; built in 1951
More about this property
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