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Property profile & analytics
OFF-MARKET
Garden apartment buildings

715 Gettysburg Ave Dayton, OH 45417-1600

7,176 SF 0.28 ac lot Built 1964
Entity Owned 8-yr Hold Free & Clear
Property ID
US66-6307989
Property summary
AI-generated overview

This exceptional investment opportunity presents two side-by-side apartment buildings located at 715 and 721 N Gettysburg Ave, Dayton, Ohio 45417, within a residential neighborhood. The property consists of 20 units spread across two three-story buildings, constructed in 1964. The buildings are zoned for multi-family use. Currently, one building is fully occupied, providing immediate cash flow, while the adjacent building is vacant but features a recently installed new roof, presenting a prime value-add opportunity for renovation and increased rental income. The asking price for this 20-unit apartment complex is $720,000, translating to $36,000 per unit. This presents a compelling investment prospect for those seeking a blend of immediate return and significant upside potential through property improvements. The property's location in Montgomery County offers convenient access to local amenities and services. This is an ideal situation for an investor looking to capitalize on a strong rental market and enhance the property's value through strategic renovations. The existing occupied building provides a stable income stream while the vacant building offers a blank canvas for value creation. This multifamily property offers a rare combination of immediate income and significant long-term growth potential.

Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1964
Construction WOOD
Total area 7,176 SF
Lot 0.28 ac (12,402 SF)
APN R72 12609 0062
UPID US66-6307989
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
721 N Gettysburg Prop LLC · 8 yrs held
721 N Gettysburg Prop LLC
since 2018
7 recorded transactions
2018
$15,400
2002
$113,000
2001
Price N/A
2001
Price N/A
2000
Price N/A
2000
$250,000
2000
$9,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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