Technical
Financial
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Property profile

115 Springfield St Dayton, OH 45403

OFF-MARKET
Investment properties
Property ID
US66-0633907
2,284 SF 0.23 ac lot Built 1953
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 115 Springfield Street in Dayton, Ohio, presents a compelling investment opportunity. The building, constructed in 1953, boasts a total of 2,284 square feet situated on a 0.23-acre lot. The property's unique configuration includes a ground-floor commercial space currently operating as a restaurant, complemented by a residential apartment situated above. This arrangement ensures consistent rental income streams, making it an attractive prospect for investors seeking a stable, cash-flowing asset. The property is fully occupied, generating immediate returns. The asking price is $150,000, translating to a price per square foot of $87.13. The property's parcel number (APN) is R72-04503-0058. This Dayton, Montgomery County location, with its zip code 45403, offers convenient access to local amenities and transportation networks. The attached panel further enhances the property's functionality and value. This turnkey investment is ready for a new owner to continue its success. The property's strong occupancy and established cash flow make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1953
Construction WOOD
Total area 2,284 SF
Lot 0.23 ac (10,149 SF)
APN R72 04503 0058
UPID US66-0633907

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

115 Springfield St Dayton, OH 45403-1109
Dayton metro Census 1900 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$90,000
3 recorded transactions
2025
$90,000
2025
$47,000
2009
$18,333

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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