4-Unit Brick
2102 Bickmore Ave, Dayton, OH 45404
For Sale
$292,000
Pending
All residences are leased, with occupants paying their own gas and electric service.
Property Size2,460 SF
Days on Market14
Property Features for 2102 Bickmore Ave
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Tenant in Place
Building Details
Year Built
Buildings
Construction
Listing Agency:
Luma Realty
Listed By:
Kristine Wights
(937) 530-3383
Source:
Daytonhomesearcher
Added: Oct 28
Changed: Nov 7
Last Checked: Nov 8 at 7:22AM
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 Luma Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,460-square-foot brick ranch contains four apartments, each arranged with two bedrooms and one bathroom. Built in 1965, the property has a newer roof and gutters, along with updates inside the units. All four residences are leased on one-year terms. Tenants pay their own gas and electric service.
Located at 2102 Bickmore Ave in Dayton, Ohio, the building is professionally managed locally.
Located at 2102 Bickmore Ave in Dayton, Ohio, the building is professionally managed locally.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- 2,460‑square‑foot brick ranch built in 1965
- All four residences leased on one‑year terms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,359
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,180
$527.2K
Cap Rate 7%
$376,557
$376.6K
Cap Rate 9%
$292,878
$292.9K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$39.9K $16.20/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$37.7K $15.31/SF
− OpEx
−$11.3K −$4.59/SF
NOI
$26.4K $10.72/SF
Area
Dayton, OH
Vacancy
5.51%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,180
Cap Rate 7%
$376,557
Cap Rate 9%
$292,878
Alternative Uses
Best Use
Multifamily LT 5
$376.6K
$329.5K – $439.3K
NOI $26,359 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$345.2K
$302.1K – $402.8K
NOI $24,165 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$524.3K
$458.7K – $611.7K
NOI $36,699 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Explore this area
Business Placement
Demographics for 45404, OH
10,730
Population
4,846
Households
2.2
Avg Household Size
35
Median Age
9%
College-Educated
84%
High-School Grad
7.6 sq mi
ZIP Area
1,412
Density / Sq Mi
$35,286
Median Household Income
$22,529
Median Earnings
$871
Median Rent
$82,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Dayton, OH
Properties on Market for Quadplexes in Dayton
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - All residences are leased, with occupants paying their own gas and electric service.
Where is this quadplex located?
The property is located at 2102 Bickmore Ave Dayton, OH.
What is the asking price?
The asking price for this property is $292,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 2,460‑square‑foot brick ranch built in 1965; All four residences leased on one‑year terms
