Multifamily
1405 1407 Superior Ave, Dayton, OH 45402
For Sale
Contact for pricing
Built in 1929, this multifamily property is located on Superior Ave in Dayton.
Property Size2,828 SF
Days on Market56
Property Features for 1405 1407 Superior Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Prodigy Properties
Listed By:
Kurt Polter · License OH #2004005101
(513) 841-7001
Source:
Lovdalgroup
Added: Sep 20
Changed: Oct 26
Last Checked: Oct 7 at 1:47PM
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 Prodigy Properties
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Investment Insights
Based on property information with market context.
This multifamily property was constructed in 1929 and is located at 1405 1407 Superior Ave in Dayton, Ohio. The available property information does not establish the building’s current condition or interior configuration.
The asset is situated in Dayton’s 45402 ZIP code. Access to the property is restricted, with no showings or trespassing permitted.
The asset is situated in Dayton’s 45402 ZIP code. Access to the property is restricted, with no showings or trespassing permitted.
Key Highlights
- Multifamily property built in 1929
- Located at 1405 1407 Superior Ave, Dayton, OH 45402
- No showings or trespassing permitted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,780
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,600
$555.6K
Cap Rate 7%
$396,857
$396.9K
Cap Rate 9%
$308,667
$308.7K
Market Conditions
NOI Build-Up for 2,828 SF
Gross rent
$53.6K $18.96/SF
− Vacancy
−$3.1K −$1.10/SF
EGI
$50.5K $17.86/SF
− OpEx
−$22.7K −$8.04/SF
NOI
$27.8K $9.82/SF
Area
Dayton, OH
Vacancy
5.80%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,600
Cap Rate 7%
$396,857
Cap Rate 9%
$308,667
Alternative Uses
Best Use
Apartment 5plus
$396.9K
$347.3K – $463.0K
NOI $27,780 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$602.7K
$527.4K – $703.2K
NOI $42,189 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
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Business Placement
Demographics for 45402, OH
10,735
Population
6,484
Households
1.7
Avg Household Size
37
Median Age
30%
College-Educated
88%
High-School Grad
4.4 sq mi
ZIP Area
2,440
Density / Sq Mi
$45,386
Median Household Income
$40,396
Median Earnings
$921
Median Rent
$105,900
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Dayton, OH
Properties on Market for Multifamily properties in Dayton
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Built in 1929, this multifamily property is located on Superior Ave in Dayton.
Where is this multifamily property located?
The property is located at 1405 1407 Superior Ave Dayton, OH.
What are key features of this property?
This property features: Multifamily property built in 1929; Located at 1405 1407 Superior Ave, Dayton, OH 45402; No showings or trespassing permitted
