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27 Rita St, Dayton, OH, 45404

16beds
8baths
4,794sqft
$629,000
$131price/sqft
$5,428/moest. monthly cost
$217,120/yrincome needed

About This Home

Introducing a prime investment opportunity! This retro gem, built in 1958, boasts a 4,794 SF building, with eight 2 bedroom, 1 bath units, offering a lucrative rental income stream. Situated in the vibrant Dayton area, this property has undergone significant improvements, including a new roof in October 2024. Whether you're an established investor or entering the multifamily market, this property offers a compelling opportunity to enhance your portfolio and maximize returns.

Getting Around

50
WalkingCar-Dependent
0
TransitVery Limited Transit
62
BikeBikeable

Schools

4/10
Kiser Elementary SchoolGrades PK-60.6 mi
6/10

Construction

Condition

  • Year built: 1958

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 8
  • Full bathrooms: 8

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,794
  • Total interior livable area: 4,794 sqft

Property

Details

  • Parcel number: R72052050056
  • Zoning: Residential,Commercial
  • Zoning description: Residential,Commercial
  • Other equipment: Satellite Dish

Lot

  • Lot size: 0.35 Acres
  • Lot size dimensions: irregular

Parking

  • Parking features: No Garage,Parking Lot,On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Hail
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,180$38,160
Home Insurance *$828$9,936
Property Taxes $906$10,872
Electricity $514$6,169
Total$5,428$65,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$186,102/yr
40% on housing$162,840/yr
45% on housing$144,746/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$131This listing

vs Other Active Listings

Avg $/sqft

ZIP 45404$87
Montgomery County$107

vs Homes Sold Last Month

Median $/sqft

ZIP 45404$91
Montgomery County$137

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Listed for sale$665,900
2020-12-29Sold$325,000
2020-10-30Pending sale$330,000
2020-10-28Price change$330,000
2020-10-23Listed for sale$319,900
2019-10-10Listing removed$650
2019-08-01Listed for rent$650

For Sale by Agent

AgentDouglas Broomhall
BrokerageWest Fork Realty Group LLC

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