93-Unit Garden-Style Apartment
For Sale
Contact for pricing
Pending
1638 Bancroft St, Dayton, OH 45417
Multifamily property with a three-acre setting, varied unit mix, and resident laundry, recreation, and gathering amenities.
Property Size95,152 SF
Lot Size3.64 Acres
Days on Market542
Property Features for 1638 Bancroft St
General Information
Standard status
Pending
Size
95,152 SF
Class
C
Lot size
3.64 Acres
Property subtype
Multifamily
Zoning
Multifamily
Occupancy
60%
Investment Type
Value Add
Financials
Average Monthly Rent
$700
Opportunity Zone
Yes
Units
Unit Mix
90 x Two-Bedroom, 3 x One-Bedroom
Multifamily Units
93
Amenities
Laundry facilities
playground
community room with kitchen
Building Details
Year Built
1958
Year Renovated
1995
Buildings
6
Stories
1
Units
93
Construction
garden-style
Listing Agency:
Russell Commercial Advisory
Listed By:
Justin Campbell · License #201702330
(440) 892-2211
Source:
Crexi
Added: Mar 10, 2025
Changed: Aug 30
Last Checked: Aug 31 at 5:52PM
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 Russell Commercial Advisory
Investment Insights
Based on property information with market context.
Bancroft Apartments is a 93-unit garden-style multifamily property built in 1958 on 3.64 acres in Dayton, Ohio. The community contains 90 two-bedroom apartments and three one-bedroom apartments, with a gross building area of 95,152 square feet. Two-bedroom units average 920 square feet. Buildings feature gable roofs, and the property is zoned Multifamily.
Resident amenities include laundry facilities, a playground, and a community room with kitchen. The property is positioned in a Housing Choice Voucher market with a reported waiting list exceeding two years. Its Dayton setting provides access to an established rental market supported by employment sectors including aerospace, healthcare, logistics, and manufacturing.
The unit mix, site acreage, building area, and shared amenities provide a defined multifamily operating platform with both two-bedroom and one-bedroom layouts.
Resident amenities include laundry facilities, a playground, and a community room with kitchen. The property is positioned in a Housing Choice Voucher market with a reported waiting list exceeding two years. Its Dayton setting provides access to an established rental market supported by employment sectors including aerospace, healthcare, logistics, and manufacturing.
The unit mix, site acreage, building area, and shared amenities provide a defined multifamily operating platform with both two-bedroom and one-bedroom layouts.
Key Highlights
- 93‑unit apartment community with 90 two‑bedroom units and 3 one‑bedroom units
- 95,152 SF gross building area on 3.64 acres
- Garden‑style buildings with gable roof design, built in 1958
Property Analytics
Property Profile
Current Use
Lease Details
93
Residential units
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with a three-acre setting, varied unit mix, and resident laundry, recreation, and gathering amenities.
Where is this apartment building located?
The property is located at 1638 Bancroft St Dayton, OH.
What are key features of this property?
This property features: 93‑unit apartment community with 90 two‑bedroom units and 3 one‑bedroom units; 95,152 SF gross building area on 3.64 acres; Garden‑style buildings with gable roof design, built in 1958
