4-Unit Quadplex with Detached
8321 McEwen Road, Centerville, OH 45458
For Sale
New
$525,000
ResidentialIncome, Centerville, OH
Property Size3,024 SF
Lot Size0.46 Acres
Price / SF$173.61
Days on Market2
Property Features for 8321 McEwen Road
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Exterior features
Subdivision
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Water source
Amenities
washer/dryer
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Keller Williams Community Part · Keller Williams Realty
(937) 530-4904
Listed By:
Ryan Gillen
(937) 673-0830
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 972364
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 3,024-square-foot brick quadplex, built in 1983, contains four one-bedroom, one-bathroom residences. Each unit has a detached one-car garage, and additional parking is available on site. Owner-provided appliances include washers and dryers. The property also features balconies and a patio, central air conditioning, and natural gas heat. The parcel spans 0.46 acres, and the zoning is Residential.
Located in Centerville, the property is near shopping, dining, parks, and everyday amenities. Water is supplied publicly. Tenants are responsible for electric and heat, while the owner covers water and trash.
Located in Centerville, the property is near shopping, dining, parks, and everyday amenities. Water is supplied publicly. Tenants are responsible for electric and heat, while the owner covers water and trash.
Key Highlights
- Four 1‑bedroom, 1‑bathroom units
- 3,024 square feet on 0.46 acres
- Each unit has a detached 1‑car garage; additional on‑site parking is available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,403
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,060
$648.1K
Cap Rate 7%
$462,900
$462.9K
Cap Rate 9%
$360,033
$360.0K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$49.0K $16.20/SF
− Vacancy
−$2.7K −$0.89/SF
EGI
$46.3K $15.31/SF
− OpEx
−$13.9K −$4.59/SF
NOI
$32.4K $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%
$648,060
Cap Rate 7%
$462,900
Cap Rate 9%
$360,033
Alternative Uses
Best Use
Multifamily LT 5
$462.9K
$405.0K – $540.1K
NOI $32,403 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$424.4K
$371.3K – $495.1K
NOI $29,705 @ 7.0% cap · market cap 5.66%
Theoretical Best
Specialty Retail
$538.3K
$471.0K – $628.0K
NOI $37,681 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Explore this area
Business Placement
Demographics for 45458, OH
36,474
Population
15,827
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,833
Density / Sq Mi
$110,682
Median Household Income
$69,620
Median Earnings
$1,286
Median Rent
$337,500
Median Home Value
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Market
Average Price Trend$/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 - Residents have owner-provided appliances, private garage parking, and access to additional on-site spaces.
Where is this quadplex located?
The property is located at 8321 McEwen Road Centerville, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bathroom units; 3,024 square feet on 0.46 acres; Each unit has a detached 1‑car garage; additional on‑site parking is available
