Vacant Duplex with Two 2BR
8749 Shadycreek Drive Dayton, OH 45458
For Sale
$389,900
Pending
MULTI_FAMILY - Dayton, OH
Property Size2,644 SF
Lot Size0.40 Acres
Days on Market140
Property Features for 8749 Shadycreek Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 3
- Parking features
- Garage, Driveway, Open
- Patio and Porch features
- Patio
- Interior features
- CeilingFans, LaminateCounters
- Exterior features
- Patio
- Appliances
- Dishwasher, Range, Refrigerator, GasWaterHeater
- Standard status
- Pending
- APN
- O67-21807-0006
- Size
- 2,644 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Description
- 386 OAK CREEK SOUTH SEC 8
Utilities
- Heating system
- Forced Air, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Brick
Listing Agency:
eXp Realty
(866) 212-4991
Listed By:
Andrew Gaydosh · License #2001008598
(937) 305-9570
Added: Mar 9
Changed: Jul 24
Last Checked: Jul 26 at 4:06AM
MLS# 953797
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 duplex features two spacious 2-bedroom, 1.5-bath units, each with approximately 1,322 square feet of living space, for a total of about 2,644 square feet. Both units are currently vacant, giving the next owner flexibility for an owner-occupant setup or a fresh rental program. According to the listing remarks, one unit is move-in ready while the other would benefit from cosmetic updates.
The property is located at 8749 Shadycreek Drive in Dayton, OH 45458, in Montgomery County. The site covers approximately 0.4 acres and is described under residential zoning.
For prospective tenants, buyers, or operators, the unit mix supports larger household demand typical of 2-bedroom layouts, and the vacant condition allows for timely occupancy planning. The combination of a move-in ready unit and a second unit with cosmetic update potential may appeal to buyers looking to control near-term readiness while maintaining the two-unit income structure previously cited by the seller.
The property is located at 8749 Shadycreek Drive in Dayton, OH 45458, in Montgomery County. The site covers approximately 0.4 acres and is described under residential zoning.
For prospective tenants, buyers, or operators, the unit mix supports larger household demand typical of 2-bedroom layouts, and the vacant condition allows for timely occupancy planning. The combination of a move-in ready unit and a second unit with cosmetic update potential may appeal to buyers looking to control near-term readiness while maintaining the two-unit income structure previously cited by the seller.
Key Highlights
- Centerville duplex with two 2‑bedroom, 1.5‑bath units totaling approx. 2,644 sq. ft. (approx. 1,322 sq. ft. per unit).
- Both units are currently vacant, offering flexibility for an owner‑occupant or investor.
- Previously generated $2,900/month in rental income with consistent occupancy history.
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 | $42.8k | $16.20 |
| − Vacancy | −$2.4k | −$0.89 |
| EGI | $40.5k | $15.31 |
| − OpEx | −$12.1k | −$4.59 |
| NOI | $28.3k | $10.72 |
2,644 SF · lease $16.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$404.7K
$354.1K – $472.2K
NOI $28,331 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$371.0K
$324.7K – $432.9K
NOI $25,972 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$563.5K
$493.1K – $657.4K
NOI $39,444 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two vacant 2-bedroom, 1.5-bath units offer flexible use for an owner-occupant or rental housing plan.
Where is this duplex located?
The property is located at 8749 Shadycreek Drive Dayton, OH.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Centerville duplex with two 2‑bedroom, 1.5‑bath units totaling approx. 2,644 sq. ft. (approx. 1,322 sq. ft. per unit).; Both units are currently vacant, offering flexibility for an owner‑occupant or investor.; Previously generated $2,900/month in rental income with consistent occupancy history.
