2 days on Rocket
$5,106 Closing Credit¹
#936685, Tushar Mehta, Listing office: BHHS Professional Realty
$430,000 List price
1608 Belvo Rd Unit 1602 Miamisburg, OH 45342
$5,106
Closing credit¹
8 beds
4 full, 4 partial
3,840 sqft
0.4 acres
$112 / sqft
Multi-Family
Property details
About 1608 Belvo Rd Unit 1602
8-Unit Value-Add Portfolio | Side-by-Side TWO 4-Unit Buildings | Miamisburg, OH Rare opportunity to acquire 8 units across two identical 4-unit buildings, each on a separate parcel, located side by side in a high-demand Miamisburg rental corridor. To be sold together as a portfolio—$860,000 total ($430,000 per building). Seller will not sell individually. Each building features four spacious 2BR/1.5BA townhome-style units, approx. 1,000 SF each, with private entrances, in-unit laundry, and two-story layouts. Recent updates and re-paved parking (2022) add further appeal. 1602 is vacant for showings. 7 of the 8 are rented. Currently rented below market: 4 units @ $1000+1 @ $950 = 2 @$900 + 1 vacant. Investment Highlights: • 8.49% Pro Forma CAP at $1,150/month market rents ($9,200/month) • Below-market rents with strong upside • Well-maintained asset with functional layouts • On-site parking | Asphalt lots resurfaced 2022 Location Benefits: • Sought-after Miamisburg school district • Near Dayton Mall, Austin Landing, and I-75/I-675 • Surrounded by retail, dining, and major employers Ideal for investors seeking a stable asset with value-add potential in a resilient rental submarket. Schedule a tour today—portfolio opportunities like this are rare.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size3,840 sqft
Lot size0.4 Acres
Year built1987
ParkingDriveway, No Garage, Parking Lot, On Street
MLS #936638
Summary
- Partial Bathrooms: 4
- Full Bathrooms: 4
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Gas Water Heater
- Interior: Ceiling Fan(s), Laminate Counters, Remodeled
- Total Bedroom Count: 8
- Parking: Driveway, No Garage, Parking Lot, On Street
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $430,000
- Price/SqFt: $111
- Directions: From Maue (Lyons Road), left on S. Gebhart Church road,right on Belvo Road.
- Year Built: 1987
- Living Area: 3,840 SqFt
- Lot Size: 0.4 Acres
- MLS Number: 936638
- MLS Name: DAYTON
- Office Name: BHHS Professional Realty
- Office Phone: (937) 436-9494
- Listing Agent: Tushar Mehta
This 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: 6/17/2025, 10:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$430,000
1608 Belvo Rd Unit 1602
$5,106
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Mound Elementary
Public District KG-5
0.7 mi
•1108 Range Ave
4
Kinder Elementary
Public District KG-5
1.3 mi
•536 E Central Ave
6
Mark Twain Elementary
Public District KG-5
1.6 mi
•822 N 9th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,992. The majority of Miamisburg, OH residents have income between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
19%
<35k
62%
35k-100k
18%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
10%
Single, with Kids
38%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
13%
18-34 yrs old
39%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Soccer
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
Burlington
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Wingstop
Chipotle
What do the neighbors drive?
Lincoln
Nissan
Mazda
What do the neighbors listen to?
Classical
Christian Adult Contemporary
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1608 Belvo Rd Unit 1602
The listing price of 1608 Belvo Rd Unit 1602 property is $430,000.
The property 1608 Belvo Rd Unit 1602 is a multi located in Miamisburg, Ohio, 45342.
Active Listing: 1608 Belvo Rd Unit 1602 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1608 Belvo Rd Unit 1602 are: Mound Elementary (GreatSchools Rating 6/10), Kinder Elementary (GreatSchools Rating 4/10), Mark Twain Elementary (GreatSchools Rating 6/10), Miamisburg Middle School (GreatSchools Rating 6/10), West Carrollton Middle School (GreatSchools Rating 5/10), Miami Valley Academies (GreatSchools Rating 4/10), Miamisburg High School (GreatSchools Rating 6/10), West Carrollton High School (GreatSchools Rating 4/10), Carlisle High School (GreatSchools Rating 5/10).
The property 1608 Belvo Rd Unit 1602 is 3,840 SqFt (source: MLS/tax record).
The year of construction for 1608 Belvo Rd Unit 1602 is 1987.
This home is located at 1608 Belvo Rd Unit 1602 in Miamisburg, OH and zip code 45342. This 3,840 square foot home, which was built in 1987, sits on a 0.40 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 15, 2025 and is currently priced at $430,000.
In May 2025, from all listings sold in Miamisburg, OH there were more than 9 sold above asking price, over 21 sold below and more than 10 were sold right at the asked price. Between April and May 2025, Miamisburg, OH real estate market has seen increase in the number of listings by 6.9%. In May 2025, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $266,800.
From Rocket Homes Real Estate and based on county public records data.