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1723-1731 McArthur Ave #8, Dayton, OH, 45417

19beds
9baths
5,440sqft
$705,000
$130price/sqft
$6,441/moest. monthly cost
$257,640/yrincome needed

About This Home

Discover a unique investment opportunity featuring both an 8-unit multifamily building and a separate 3-bedroom single-family home, all being operated under a stable long-term program lease in Dayton, Ohio. The property includes: An 8-unit apartment building consisting entirely of 2-bedroom units A separate 3-bedroom single-family home Total annual gross income of approximately $82,800 What makes this investment especially attractive is the operational structure already in place. The property is leased to a program operator under a 3-year lease, creating a simplified and highly predictable ownership experience. Key investment highlights include: No tenant turnover management Program pays all utilities Lawn care handled by the program General day-to-day maintenance handled by the program Reduced management burden for ownership Owner primarily responsible only for major capital or structural repairs This setup significantly minimizes the normal operational demands often associated with multifamily ownership while still providing strong and consistent cash flow. The property offers approximately 5,440 square feet of living space across the multifamily building, with a total of 19 bedrooms and 9 full bathrooms throughout the combined properties. Situated on a 0.21-acre lot, the property is located in a strong rental corridor with convenient access to employment centers, transportation routes, and local amenities. With stable income, long-term lease security, and reduced operating responsibilities, this property presents an excellent opportunity for investors seeking dependable cash flow and long-term portfolio growth. Showings will be provided to accepted offers only.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

3/10
3/10
Wogaman Middle SchoolGrades 7-80.7 mi
2/10
Dunbar High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1965

Materials

  • Construction materials: Asbestos,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 19
  • Bathrooms: 9
  • Full bathrooms: 9

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 5,440
  • Total interior livable area: 5,440 sqft

Property

Details

  • Parcel number: R72168010168
  • Zoning: Residential,Commercial
  • Zoning description: Residential,Commercial

Lot

  • Lot size: 9,147 sqft
  • Lot size dimensions: 9148

Parking

  • Parking features: Driveway,No Garage,Private