$1,250,000

1352 Saint Adelbert Ave Dayton, OH 45404

$10,000
Closing credit¹
20 beds
10 full, 10 partial
8,730 sqft
0.1 acres
$143 / sqft
Multi-Family

Property details

About 1352 Saint Adelbert Ave

This fully renovated 10-unit townhome-style building presents an incredible investment opportunity with a strong, stable income stream. Offering a total of 20 bedrooms and 20 bathrooms, each of the units is currently leased at $1,200 per month, generating a consistent $12,000 in monthly rental income. The property is fully occupied under a three-year master lease agreement, with an automatic renewal option for an additional three years at a 5% annual rent increase. Boasting a 10.4% cap rate, this turnkey investment is ideal for an investor seeking immediate returns and long-term stability. Tenants are responsible for all utilities, including water and trash, while the owner covers property taxes and insurance. Additionally, on-site management is in place, and tenants are responsible for maintenance and repairs under $300 or if damage is caused by them. This property is an excellent opportunity for a buyer looking to acquire a low-maintenance, high-yield investment with minimal risk. Units will be available for showings upon acceptance of an offer, making it easy for the new owner to take over and enjoy the benefits of this prime property for years to come. Pictures do not show appliances, but all units have stainless steel appliances microwave, range, dishwasher and fridge.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size8,730 sqft
Lot size0.11 Acres
Year built1968
ParkingNo Garage, Parking Lot
MLS #927882

Summary

  • MLS Number: 927882
  • MLS Name: DAYTON
  • Office Name: Coldwell Banker Heritage
  • Office Phone: (937) 434-7600
  • Listing Agent: Conner Hardin

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: 3/12/2025, 7:20:55 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 front of home

$1,250,000

1352 Saint Adelbert Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 26, 2024
Home Sold
$360,000

Tax history

YearAssessmentProperty Tax
2023$89,040$8,603
2022$60,570$6,623
2021$60,570$6,821
2020$60,570$6,821
2019$59,580$6,821
2018$59,580$6,842
2017$59,580$6,828

History based on county public records data.

Nearby schools

3

Kiser PreK-6 School

Public District PK-6

0.9 mi

1401 Leo St

4

Virginia Stevenson Elementary School

Public District KG-4

1.9 mi

805 Old Harshman Rd

5

Brantwood Elementary School

Public District KG-4

2.0 mi

4350 Schwinn Dr

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 $26,031. The most common annual income of people living in Dayton, OH is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

64%
<35k
33%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

48%
Single, No Kids
27%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
33%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

This home is located at 1352 Saint Adelbert Ave in Dayton, OH and zip code 45404 in the Old North Dayton neighborhood. This 8,730 square foot home, which was built in 1968, sits on a 0.11 acre lot. Features: 20 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since February 15, 2025 and is currently priced at $1,250,000.

While more than 66 listings in Dayton, OH in February 2025 were sold above asking price, there were more than 61 listings sold at asking price, and more than 165 were sold below. The number of listings in Dayton, OH increased by 7.6% between January and February 2025. The median list price of listings available in February 2025 was $199,106, while the average time on the real estate market was 73 days.

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

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