#927813, Wei Xiong, Listing Office: Ownerland Realty, Inc.
424 Gunckel Ave Dayton, OH 45410
Property details
About 424 Gunckel Ave
424-426 Gunckel Avenue Dayton, Ohio 45410 Great Investment Opportunity. 4-unit with gross income of 33,060/year. Cap Rate = 9.5%. Each apartment is a large, 1-bedroom and 1-full bathroom. Turnkey rental property. Updated electric to all new breakers in 2023. Tenants pay their own electric. Two furnaces and two water heaters. Each unit comes with a refrigerator and stove. Separate, exterior entrances for all 4 units. Tons of storage space in attic and basement. Original woodwork, pocket doors, hardwood floors. Close to University of Dayton, I-75, Miami Valley Hospital, and Route 35. Total of 2,600 square feet finished. Basement is unfinished. All month to month leases gives new owner great flexibility. Potential to increase revenue by installing laundry room in basement.
Highlights
Summary
- MLS Number: 924627
- MLS Name: DAYTON
- Office Name: Chosen Real Estate Group
- Office Phone: (330) 249-3499
- Listing Agent: Nicholas Huscroft
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Last updated on: 3/13/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$229,000
424 Gunckel Ave
$2,719
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Cleveland PreK-6 School
Public District PK-6
0.8 mi
•1102 Pursell Ave
3
Ruskin PreK-6 School
Public District PK-6
0.8 mi
•407 Ambrose Ct
5
Dayton Smart Elementary School
Public Charter KG-6
1.0 mi
•601 S Keowee 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 $46,126. Residents of Dayton, OH typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 424 Gunckel Ave in Dayton, OH and zip code 45410 in the Walnut Hills neighborhood. This 4,952 square foot home, which was built in 1905, sits on a 0.10 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 3, 2024 and is currently priced at $229,000.
In February 2025, from all listings sold in Dayton, OH there were more than 66 sold above asking price, over 165 sold below and more than 61 were sold right at the asked price. The number of homes for sale 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.