Furnished Duplex Near
For Sale
$775,000
61-63 Chambers St, Dayton, OH 45409
Two-unit residential property with updated flooring, furnishings, and in-unit laundry equipment.
Property Size2,132 SF
Price / SF$363.51
Days on Market56
Property Features for 61-63 Chambers St
General Information
Standard status
Active
Size
2,132 SF
Property subtype
Multi-Family
Additional Details
Furnished
Yes
Gross Income
$80,000
Multifamily Units
2
Amenities
washer and dryers
Building Details
Year Built
1918
Listing Agency:
BHHS Professional Realty
(937) 547-0064
Listed By:
Streetlight Realty
(937) 626-4181
Source:
Streetlightrealtors
Added: Aug 21
Changed: Oct 15
Last Checked: Oct 14 at 11:12PM
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 BHHS Professional Realty
Investment Insights
Based on property information with market context.
This two-unit residential property was built in 1918 and contains 2,132 square feet. The offering is furnished and includes washers and dryers, supporting an established housing setup for occupants. Recent interior updates include luxury vinyl plank flooring and new carpet on the upper level.
The property is located two blocks from the University of Dayton campus, with eateries and shops within walking distance. Its proximity to campus and existing furnishings provide a clearly defined residential rental configuration.
The property is located two blocks from the University of Dayton campus, with eateries and shops within walking distance. Its proximity to campus and existing furnishings provide a clearly defined residential rental configuration.
Key Highlights
- Duplex containing 2,132 square feet
- Two blocks from the University of Dayton campus
- Furnished property with washers and dryers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,845
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,900
$456.9K
Cap Rate 7%
$326,357
$326.4K
Cap Rate 9%
$253,833
$253.8K
Market Conditions
NOI Build-Up for 2,132 SF
Gross rent
$34.5K $16.20/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$32.6K $15.31/SF
− OpEx
−$9.8K −$4.59/SF
NOI
$22.8K $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%
$456,900
Cap Rate 7%
$326,357
Cap Rate 9%
$253,833
Alternative Uses
Best Use
Multifamily LT 5
$326.4K
$285.6K – $380.8K
NOI $22,845 @ 7.0% cap · market cap 2.95%
Second Best
Apartment 5plus
$299.2K
$261.8K – $349.1K
NOI $20,943 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$454.4K
$397.6K – $530.1K
NOI $31,806 @ 7.0% cap · market cap 4.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,106
Businesses Nearby
Explore this area
Business Placement
Demographics for 45409, OH
12,392
Population
3,458
Households
3.6
Avg Household Size
25
Median Age
65%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
3,349
Density / Sq Mi
$84,000
Median Household Income
$7,054
Median Earnings
$1,055
Median Rent
$230,800
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?
Duplex - Two-unit residential property with updated flooring, furnishings, and in-unit laundry equipment.
Where is this duplex located?
The property is located at 61-63 Chambers St Dayton, OH.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Duplex containing 2,132 square feet; Two blocks from the University of Dayton campus; Furnished property with washers and dryers
