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    Five-Unit Residential Income Property Title is generated by Realmo AI

    1830 Roslyn Avenue, Kettering, OH 45429

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    For Sale
    $485,000

    MULTI_FAMILY - Kettering, OH

    Property size:
    4,377 SF
    Lot size:
    0.39 Acres
    Price / SF:
    $110/SF
    Added:
    May 5, 2026
    Days on Market:
    38
    Last Refresh:
    Jun 11 at 1:06 am

    Property Features for 1830 Roslyn Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 5, Basement, Bedroom 5, Bathroom 6, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
    Parking features
    Parking Lot
    Exterior features
    Fence
    Fencing
    Fenced
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    N64-01902-0091
    Size
    4,377 SF
    Lot size
    0.39 Acres

    Taxes and HOA fees

    Tax Description
    138 OAKDALE

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1937
    Floors in Building
    1
    Number of units
    5
    Building materials
    AluminumSiding, VinylSiding

    We can help!

    Listing Contact
    Ryan Gillen
    Ryan Gillen

    Listing agent Ryan Gillen

    Listing office Keller Williams Community Part 2835 Miami Village Dr, Miamisburg, OH

    Listing date May 5, 2026

    MLS# 958431 Listing URL

    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.

    HighLights

    • Fully occupied 5‑unit property: one 2‑bedroom single‑family home plus four 1‑bedroom, 1‑bath units
    • All units are currently leased, providing immediate, consistent cash flow for the next owner
    • Tenants pay for electric and gas; water and trash billed back monthly
    • Natural gas heating with window unit cooling
    • Public water service and fenced exterior
    • Year built: 1937; aluminum and vinyl siding and on‑site parking lot

    Overview

    This is a fully occupied five-unit residential income property on a 0.39-acre lot. The configuration includes a two-bedroom single-family home positioned at the front of the property and four additional one-bedroom, one-bath units. The current layout separates living spaces across the five units, supporting privacy while maintaining a simple, repeatable rental setup.

    The property is located in Kettering, Ohio, close to shopping, dining, and major conveniences, with established access to everyday services. It is presented as a turnkey option for an owner seeking immediate occupancy, as all units are currently leased.

    Tenants are responsible for electric and gas. Water and trash are billed back monthly, which helps centralize those utilities for the owner. With all units leased, this property may be a practical fit for an investor looking for a stabilized residential rental without a leasing-up period. It is also suited for buyers expanding a multifamily portfolio who want a straightforward unit mix consisting of one two-bedroom home and four one-bedroom, one-bath apartments.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $70.9k $16.20
    − Vacancy −$3.1k −$0.71
    EGI $67.8k $15.49
    − OpEx −$30.5k −$6.97
    NOI $37.3k $8.52
    4,377 SF · lease $16.20/SF/yr · vacancy 4.40% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $532.6K
    $466.0K – $621.4K (±1% cap)
    NOI $37,283 @ 7.0% cap · market cap 7.69%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office B
    $823.0K
    $720.1K – $960.2K (±1% cap)
    NOI $57,610 @ 7.0% cap · market cap 11.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kettering
    County
    Greene
    State
    Ohio
    Longitude
    -84.13372
    Latitude
    39.689395

    FAQs

    What type of property is this?
    Apartment building - Fully occupied five-unit rental in Kettering with tenant-paid electric and gas and monthly water and trash billing.
    Where is this apartment building located?
    The property is located at 1830 Roslyn Avenue Kettering, OH.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: Fully occupied 5‑unit property: one 2‑bedroom single‑family home plus four 1‑bedroom, 1‑bath units; All units are currently leased, providing immediate, consistent cash flow for the next owner; Tenants pay for electric and gas; water and trash billed back monthly
    More about this property
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