Invest Smart. Live Well. Own a Turn-Key Income Producer. This well-maintained 3-unit apartment building offers an exceptional investment opportunity with built-in income and future upside. The property includes two upper 1-bedroom, 1-bath apartments that were fully remodeled in the summer of 2020. Updates included new flooring, fresh paint, completely renovated kitchens, new ranges and refrigerators, under-cabinet microwaves, updated bathrooms, new electric breaker boxes, a new meter base, and upgraded electric service. The lower unit features 2 bedrooms and 1.5 baths and underwent a complete renovation in November 2021. Major exterior improvements add long-term value and peace of mind, including new siding, lower windows, and doors installed in January 2021, followed by a metal roof and new gutters in February 2021. A shared laundry room provides individual hook-ups for all three units, adding convenience for tenants. Operating expenses include water, insurance, and taxes, contributing to an impressive 8% ROI. All three apartment units are fully occupied, and an additional main-level space with a half bath offers the potential to lease as a small office for added income. This is a rare opportunity to own a solid, cash-flowing property with flexibility for future growth—schedule your private showing today and be sure to view the floor plans to see the full potential.
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Zillow last checked:
Listing updated:
Listed by:
Dustin Leis(937)548-5750,
Leis Realty Company
Source: DABR MLS,MLS#: 964057Originating MLS: Dayton Area Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Heating
Baseboard, Electric
Cooling
None
Appliances
Included: Microwave, Range, Refrigerator
Interior area
Total structure area: 2,400
Total interior livable area: 2,400 sqft
Property
Parking
Parking features: No Garage, On Street
Lot
Size: 6,337 Square Feet
Dimensions: 121 x 30
Details
Parcel number: K43230812010310200
Zoning: Residential
Zoning description: Residential
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Vinyl Siding, Wood Siding
Foundation: Slab
Condition
Year built: 1970
Utilities & green energy
Water: Well
Utilities for property: Sewer Available, Water Available
Community & HOA
Community
Subdivision: Putmans Add
Location
Region: Pitsburg
Financial & listing details
Price per square foot: $92/sqft
Date on market: 7/13/2026
Listing terms: Conventional
Tenant pays: Electricity
Dustin Leis
Dustin Leis
(937) 423-0916
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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