$425,000

1207 W Fairview Ave Dayton, OH 45406

$5,047
Closing credit¹
8 beds
5 full
7,440 sqft
0.2 acres
$57 / sqft
Multi-Family

Property details

About 1207 W Fairview Ave

Investors Dream! This meticulously maintained 7-unit apartment building offers a prime opportunity for stable rental income. Featuring two spacious 1-bedroom, 1-bath units and five large 2-bedroom, 1-bath units, this property boasts excellent floor plans designed for tenant comfort and satisfaction. Current monthly rental income totals $5,078, with 1-bedroom units renting at $615 and 2-bedroom units renting at $815. Tenants are responsible for their electric and gas utilities, minimizing owner expenses. Additionally, one tenant is currently paying $50/month for water and trash, and this utility bill-back can be extended to all leases upon renewal, further enhancing profitability. With consistent rental demand and well-kept units, this property is an exceptional investment opportunity. Whether youre expanding your portfolio or seeking a solid income-producing asset, this 7-unit building is a must-see. Schedule your private tour today!

Highlights

Home typeMulti Family
HeatingNatural Gas, Other
StatusSale Pending
(Pending)
Size7,440 sqft
BasementYes
Lot size0.22 Acres
Year built1968
ParkingNo Garage
MLS #926029

Summary

  • MLS Number: 926029
  • MLS Name: DAYTON
  • Office Name: Bridgestream Realty
  • Office Phone: (937) 538-0588
  • Listing Agent: Mike Mefferd

IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 DABR MLS. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of snow covered building

$425,000

1207 W Fairview Ave

$5,047

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 26, 2022
Home Sold
$320,000
Apr 15, 2016
Home Sold
$146,000

Tax history

YearAssessmentProperty Tax
2023$73,040$7,033
2022$50,030$5,445
2021$50,030$5,274
2020$50,030$5,274
2019$46,030$5,274
2018$46,030$5,291
2017$46,030$5,280

History based on county public records data.

Nearby schools

2

Fairview PreK-6 School

Public District PK-6

0.2 mi

2314 Elsmere Ave

3

Charity Adams Earley Girls Academy

Public District PK-6

1.7 mi

440 Shoup Mill Rd

4

Horizon Science Academy-Dayton

Public Charter KG-5

1.7 mi

4751 Sue Ann Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,875. Residents of Dayton, OH typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

65%
<35k
34%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
23%
Single, with Kids
12%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1207 W Fairview Ave in Dayton, OH and zip code 45406 in the Fairview neighborhood. This 7,440 square foot home, which was built in 1968, sits on a 0.22 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $425,000.

Dayton, OH housing market in February 2025 saw over 66 listings sold above listed price, more than 61 sold at listed price and over 165 sold below. The number of listings in Dayton, OH increased by 7.6% between January and February 2025. In February 2025 median list price was $199,106 and the average listing age was 73 days.

From Rocket Homes Real Estate and based on county public records data.

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