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40 Maylan Dr, Dayton, OH, 45405

4beds
4baths
1,300sqft
$109,900
$85price/sqft
$1,111/moest. monthly cost
$44,440/yrincome needed

About This Home

Seller intends to sell these two parcels as a package. 40 Maylan is a vacant standalone building that is zoned for an office building that can be repaired as an office and possibly turned into another unit generating additional income, 42,44, and 46 Maylan is a Triplex. Unit 42 on first floor has two 1-bedroom (has been there for over 16 years, pays $475/month plus_ $25 for garage) with a 1-year lease that ends 4/2027. Unit 44 tenant has been there for a few years, pays $554/month, on a month-to-month lease. Unit 46 upstairs is a 2-bedroom unit and pays $675/month on a month-to-month lease. All units have separate electricity. The building is heated with a boiler system (seller pays gas). The potential for a hands-on investor who can improve and update the property over time can allow them to increase rents and value substantially. Current gross rents exceed 20K and could be considerably more. Taxes and utilities are about $8600 (very cold winter in 2025). See agent's remarks for additional info.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

2/10
Valerie Elementary SchoolGrades PK-62.0 mi
2/10
4/10
Meadowdale High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1935

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,300
  • Total interior livable area: 1,300 sqft

Property

Details

  • Parcel number: R72111030046
  • Zoning: Residential
  • Zoning description: Residential

Lot

  • Lot size: 4,900 sqft
  • Lot size dimensions: .26

Parking

  • Total spaces: 1
  • Parking features: Garage,One Car Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1