4-Unit Brick
5542 Misty Lane, Huber Heights, OH 45424
For Sale
New
$350,000
ResidentialIncome, Huber Heights, OH
Property Size2,987 SF
Lot Size0.30 Acres
Price / SF$117.17
Days on Market2
Property Features for 5542 Misty Lane
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Appliances
Subdivision
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Amenities
patio
covered porch
Building Details
Year built
Floors in Building
Number of units
Building materials
Buildings
Listing Agency:
Keller Williams Advisors Rlty · Keller Williams Realty
(513) 766-9200
Listed By:
Vickie Chi
(513) 289-9933
Added: Nov 14
Last Checked: Nov 15 at 9:06AM
MLS# 973216
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 2,987-square-foot brick quadplex, built in 1963, contains four matching two-bedroom, one-bathroom apartments on a 0.3-acre lot. Each residence has a covered porch, concrete patio, and parking space. One apartment is vacant. Two units retain original finishes; another was renovated in 2022, and a fourth received a full renovation in 2023–2024. All four Federal Pacific electrical panels were replaced in 2021. One apartment received a complete HVAC system in 2026, while another had new A/C installed in 2022. The roof, windows, and water heaters are described as newer, with the water-heater update applying to the two renovated units.
Tenants pay their own electric, gas, water and sewer, and trash costs through individual metering. The owner handles lawn mowing and snow removal. Shopping, a park, and a highway are nearby.
Tenants pay their own electric, gas, water and sewer, and trash costs through individual metering. The owner handles lawn mowing and snow removal. Shopping, a park, and a highway are nearby.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom; 2,987 SF total
- 0.3‑acre lot with a vacant apartment
- Brick construction; built in 1963
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,006
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,120
$640.1K
Cap Rate 7%
$457,229
$457.2K
Cap Rate 9%
$355,622
$355.6K
Market Conditions
NOI Build-Up for 2,987 SF
Gross rent
$48.4K $16.20/SF
− Vacancy
−$2.7K −$0.89/SF
EGI
$45.7K $15.31/SF
− OpEx
−$13.7K −$4.59/SF
NOI
$32.0K $10.72/SF
Area
Montgomery County, 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%
$640,120
Cap Rate 7%
$457,229
Cap Rate 9%
$355,622
Alternative Uses
Best Use
Multifamily LT 5
$457.2K
$400.1K – $533.4K
NOI $32,006 @ 7.0% cap · market cap 9.14%
Second Best
Apartment 5plus
$419.2K
$366.8K – $489.0K
NOI $29,342 @ 7.0% cap · market cap 8.38%
Theoretical Best
Specialty Retail
$531.7K
$465.3K – $620.3K
NOI $37,220 @ 7.0% cap · market cap 10.63%
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
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 45424, OH
50,920
Population
21,557
Households
2.4
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
31.5 sq mi
ZIP Area
1,617
Density / Sq Mi
$78,566
Median Household Income
$45,827
Median Earnings
$1,096
Median Rent
$169,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Montgomery County, OH
Properties on Market for Quadplexes in Montgomery County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - One apartment is vacant, and tenants are individually metered for utilities.
Where is this quadplex located?
The property is located at 5542 Misty Lane Huber Heights, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 2,987 SF total; 0.3‑acre lot with a vacant apartment; Brick construction; built in 1963
