462 Dayton Street Cincinnati, OH 45214
MULTI_FAMILY - Cincinnati, OH
Property Features for 462 Dayton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Window features
- Vinyl Frames
- Standard status
- Active
- APN
- 132-0003-0255-00
- Size
- 2,490 SF
- Lot size
- 0.03 Acres
Utilities
- Heating system
- Heat Pump (Heating), Forced Air
Building Details
- Year built
- 1876
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Troy Kutcha (513) 378-4663
Listing office Plum Tree Realty 9078 Union Centre Blvd Ste 350, West Chester, OH (513) 443-5060
Listing date Apr 8, 2026
Copyright © 2026 MLS of Greater Cincinnati, Inc. 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.
The property is located at 462 Dayton Street in Cincinnati, OH 45214. It is described as being about half a mile from FC Cincinnati Stadium and Findlay Market, and about a mile from the University of Cincinnati.
The tenant for Unit 2 is stated to pay all utilities except water. With a clean, turnkey renovation and separate services for each unit, the duplex is set up for both owner-occupancy and rental income continuity.
Key Highlights
- Recently renovated brick duplex, fully renovated in 2023 with separate utilities and in‑unit laundry in both units
- Unit 1: 3 bed / 1 bath and vacant, move‑in ready
- Unit 2: 2 bed / 1 bath leased at $1,249/month through April 2027
Local Financial Insights For Multifamily LT 5
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 | $31.7k | $12.72 |
| − Vacancy | −$1.9k | −$0.75 |
| EGI | $29.8k | $11.97 |
| − OpEx | −$8.9k | −$3.59 |
| NOI | $20.9k | $8.38 |
