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For sale
  • Price cut: $25K (6/9)
    $575,000

    14-20 Mello Ave, Dayton, OH 45410

    12beds
    --sqft
    : 
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    Multi Family
    Built in 1972
    -- sqft lot
    $555,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Well-maintained common areasPrivate rear lotAmple street parking
    ***Recent Refurbished unit (December 2025)*** Turnkey 7-Unit Multifamily | Steps from University of Dayton | Fully Leased Income Stream 14–20 Mello Avenue Dayton, OH 45410 Acquire a fully leased seven-unit multifamily property in one of Dayton’s most sought-after rental corridors. Just steps from the University of Dayton (UD), this turnkey building pairs immediate cash flow with brand-new capital improvements, including a new roof installed Summer 2025 creating years of low-maintenance ownership. Property Highlights • Five 2BR/1BA apartments • Two 1BR/1BA apartments • Dedicated off-street parking for seven vehicles plus ample street parking • Well-maintained common areas and mechanicals. Location Advantages • Prime Access: Walk to UD’s academic core, athletics, and student services • Parking Advantage: Private rear lot, rarely available near campus • High Demand: UD proximity drives exceptional occupancy and rent resilience. Investor Takeaway Opportunities of this caliber near the University of Dayton are scarce and tightly held. Whether you’re expanding a portfolio or entering Dayton’s multifamily market, this property offers a rare chance to own a high-demand asset in a proven, supply-constrained location.
    59 days
    |
    312
    |
    17
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    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen S Payne (937)530-4904,

    Keller Williams Community Part

    Source: DABR MLS,MLS#: 959231MLS LogoOriginating MLS: Dayton Area Board of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 7
      • Full bathrooms: 7
      Heating
      • Baseboard
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Dishwasher, Range, Refrigerator
      Features
      • High Speed Internet

      Property

      Parking
      • Parking features: No Garage, Parking Lot, On Street
      Features
      • Patio & porch: Balcony, Patio
      • Exterior features: Balcony, Patio
      Lot
      • Size: 4,499 Square Feet
      • Dimensions: 77 x 120
      Details
      • Parcel number: R72033070020
      • Zoning: Residential
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding, Brick
      • Foundation: Slab
      Condition
      • Year built: 1972

      Utilities & green energy

      • Water: Public
      • Utilities for property: Natural Gas Available, Sewer Available, Water Available, Cable Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Fort Mckinley
      Location
      • Region: Dayton

      Financial & listing details

      • Date on market: 5/15/2026
      • Listing terms: Conventional

        Estimated market value

        $555,100

        $527,000 - $583,000

        $1,217/mo

        Price history

        DateEventPrice
        6/9/2026Price change$575,000-4.2%
        Source: DABR MLS #959231 Report a problem
        5/15/2026Listed for sale$600,000-2.4%
        Source: DABR MLS #959231 Report a problem
        2/3/2026Listing removed$614,999
        Source: DABR MLS #944148 Report a problem
        1/3/2026Price change$614,999+2.8%
        Source: DABR MLS #944148 Report a problem
        11/12/2025Pending sale$597,999
        Source: DABR MLS #944148 Report a problem
        10/20/2025Price change$597,999-0.2%
        Source: DABR MLS #944148 Report a problem
        9/30/2025Listed for sale$598,999
        Source: DABR MLS #944148 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Walnut Hills

        Getting around

        43 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Dayton

        Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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