Remodeled 7-Unit Apartment
For Sale
$500,000
445 Hunter Avenue, Dayton, OH 45404
MULTI_FAMILY - Dayton, OH
Property Size4,560 SF
Lot Size0.42 Acres
Price / SF$109.65
Days on Market113
Property Features for 445 Hunter Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Zoning description
Residential
Bedrooms
12
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 6, Bedroom 2, Bathroom 6, Bedroom 7, Bathroom 3, Bathroom 5, Bedroom 11, Bathroom 1, Bedroom 5, Bedroom 8, Bedroom 12, Bathroom 2, Bedroom 10, Bedroom 9, Bedroom 3, Bathroom 7, Bedroom 1, Bathroom 4, Bedroom 4
Parking features
Parking Lot, Garage, On Street
Window features
Aluminum Frames
Interior features
GraniteCounters, Remodeled
Appliances
Dryer, Range, Refrigerator, Washer, GasWaterHeater
Subdivision
City/Dayton Rev
Elementary school district
Dayton
Middle school district
Dayton
High school district
Dayton
Standard status
Active
APN
R72-05801-0046
Size
4,560 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Description
25430 25431 58-1-47
Legal Description
25430 25431 58-1-47
Utilities
Heating system
Baseboard
Cooling system
Wall Unit(s)
Amenities
on-site laundry
off-street parking
separate utilities
separate entrances
Building Details
Year built
1968
Floors in Building
2
Number of units
7
Building materials
Brick
Listing Agency:
Keller Williams Community Part · Keller Williams Realty
(937) 530-4904
Listed By:
Adong Ni
(937) 503-9058
Added: Apr 10
Changed: Jul 30
Last Checked: Jul 31 at 12:06AM
MLS# 956309
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.
Investment Insights
Based on property information with market context.
This remodeled 7-unit apartment building offers 12 bedrooms and 7 full bathrooms, with interiors updated to modern standards. The property includes granite counters and features a brick construction with baseboard heating and wall unit(s) cooling. Appliances listed include dryer, range, refrigerator, and washer, along with a gas water heater. The building is laid out for straightforward day-to-day operations, with separate utilities and separate entrances for the units, plus on-site laundry.
Set on a 0.42-acre lot, the building totals 4,560 square feet and includes off-street parking options. Built in 1968, the property also has garage, on-street, and parking lot parking features.
Zoned Residential, this is a multi-family asset designed for hands-on ownership with a configuration that can support a variety of household types through its bedroom and bathroom mix across the 7 units.
Set on a 0.42-acre lot, the building totals 4,560 square feet and includes off-street parking options. Built in 1968, the property also has garage, on-street, and parking lot parking features.
Zoned Residential, this is a multi-family asset designed for hands-on ownership with a configuration that can support a variety of household types through its bedroom and bathroom mix across the 7 units.
Key Highlights
- 7‑unit apartment building with 12 bedrooms and 7 full bathrooms
- Fully remodeled interiors with granite counters
- Separate utilities, on‑site laundry, and separate entrances
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 | $86.5k | $18.96 |
| − Vacancy | −$5.0k | −$1.10 |
| EGI | $81.4k | $17.86 |
| − OpEx | −$36.6k | −$8.04 |
| NOI | $44.8k | $9.82 |
4,560 SF · lease $18.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$639.9K
$559.9K – $746.6K
NOI $44,794 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$971.8K
$850.4K – $1.13M
NOI $68,028 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
493
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Remodeled 7-unit apartment building with separate utilities, on-site laundry, and off-street parking in Dayton.
Where is this apartment building located?
The property is located at 445 Hunter Avenue Dayton, OH.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 7‑unit apartment building with 12 bedrooms and 7 full bathrooms; Fully remodeled interiors with granite counters; Separate utilities, on‑site laundry, and separate entrances
