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24 Beds
14 Baths
9,408 sqft

$1,115,750

1241 Devon Avenue, Dayton OH, 45429

Price per sqft$118.60
Built in1971
Property size9,408 sqft
Property typeMulti-family

Overview

Sold

Closed

Listed Jan 12, 2026

Updated Jun 12

Exceptional 13-unit multi-family investment opportunity consisting of a well-maintained 12-unit brick apartment building and a separate detached single-family home, offering strong cash flow and versatility in a proven rental market. The property features 11 spacious 2-bedroom units and 2 large 1-bedroom units, with the majority of units having been tastefully updated in recent years with modern kitchens, updated bathrooms, fresh paint, and contemporary flooring. Each individual unit is separately metered with its own water heater and forced-air furnace, allowing for tenant-paid utilities and simplified maintenance and accounting. The roof on the main building is less than 3 years old, providing long-term protection and significantly reducing near-term capital expenditure requirements. The inclusion of the detached single-family home adds flexibility for owner-occupancy, manager’s residence, or additional rental income. This turnkey portfolio combines solid construction, recent improvements, low deferred maintenance, and excellent income potential through remaining cosmetic enhancements or market rent growth. Rent roll, and P & L available upon request. Properties of this caliber with individual mechanical systems and a newer roof do not last long—schedule your private showing today!

Additional information

MLS® ID
950513

Interior Features

Bedrooms
24
Bathrooms
14
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.62 Acres
MLS provider logo

Courtesy of Robert Speckert with eXp Realty
Listing Contact: 513-478-7599 

Based on information from Dayton Area Board of REALTORS® as of 6/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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