Brick Duplex with
For Sale
Under Contract
$128,900
1808 Stewart Boulevard, Fairborn, OH 45324
ResidentialIncome, Fairborn, OH
Property Size1,296 SF
Lot Size0.03 Acres
Price / SF$99.46
Days on Market52
Property Features for 1808 Stewart Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Zoning description
Residential
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Garage
Subdivision
Wright View Heights
Elementary school district
Fairborn
Middle school district
Fairborn
High school district
Fairborn
Standard status
Active Under Contract
APN
A02-0002-0015-0-0500-00
Size
1,296 SF
Lot size
0.03 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
W V HEIGHTS ALL LOT 1026 1808-1810 STEWART BLVD
Legal Description
W V HEIGHTS ALL LOT 1026 1808-1810 STEWART BLVD
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1968
Floors in Building
1
Number of units
2
Building materials
Brick
Listing Agency:
Keller Williams Community Part · Keller Williams Realty
(937) 530-4904
Listed By:
Brandon Harris
(513) 438-0722
Added: Sep 12
Changed: Oct 31
Last Checked: Nov 2 at 11:06AM
MLS# 968294
Copyright © 2026 Dayton Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,296-square-foot duplex contains two one-bedroom, one-bathroom units. Brick construction dates to 1968, and each residence has window-unit cooling. A garage provides on-site parking. One unit is tenant occupied, while the other is not identified as occupied.
The property sits on a 0.0298-acre lot in Fairborn, Ohio, and is zoned Residential.
The property sits on a 0.0298-acre lot in Fairborn, Ohio, and is zoned Residential.
Key Highlights
- Two units, each with 1 bedroom and 1 bathroom
- 1,296 square feet on a 0.0298‑acre lot
- Brick construction; built in 1968
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,039
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,780
$220.8K
Cap Rate 7%
$157,700
$157.7K
Cap Rate 9%
$122,656
$122.7K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$21.0K $16.20/SF
− Vacancy
−$924 −$0.71/SF
EGI
$20.1K $15.49/SF
− OpEx
−$9.0K −$6.97/SF
NOI
$11.0K $8.52/SF
Area
Greene County, OH
Vacancy
4.40%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,780
Cap Rate 7%
$157,700
Cap Rate 9%
$122,656
Alternative Uses
Best Use
Multifamily LT 5
$171.4K
$150.0K – $199.9K
NOI $11,996 @ 7.0% cap · market cap 9.31%
Second Best
Apartment 5plus
$157.7K
$138.0K – $184.0K
NOI $11,039 @ 7.0% cap · market cap 8.56%
Theoretical Best
Office B
$243.7K
$213.2K – $284.3K
NOI $17,058 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
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Business Placement
Demographics for 45324, OH
40,449
Population
19,729
Households
2.1
Avg Household Size
34
Median Age
30%
College-Educated
92%
High-School Grad
33.1 sq mi
ZIP Area
1,222
Density / Sq Mi
$59,861
Median Household Income
$37,348
Median Earnings
$989
Median Rent
$177,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences share a garage, with one unit currently occupied by a tenant.
Where is this duplex located?
The property is located at 1808 Stewart Boulevard Fairborn, OH.
What is the asking price?
The asking price for this property is $128,900.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 bathroom; 1,296 square feet on a 0.0298‑acre lot; Brick construction; built in 1968
