$440,000

251 N Smithville Road, Dayton OH, 45403

Price per sqft$89.43

Built in1964

Property size4,920 sqft

Property typeMulti-family

Overview

Sold

Closed

Listed Jan 10, 2026

Updated Jun 12

Incredible Investment Opportunity in Wright View! This multi-family property offers nearly 5,000 sq. ft. of total living space and is fully occupied, making it a true turnkey investment. The building consists of 1 studio apartment, 2 one-bedroom apartments, and 4 two-bedroom apartments, providing excellent unit variety to attract a wide range of tenants. With an impressive cap rate nearing 10% and strong cash flow, this property is ideal for both the beginning investor and the seasoned pro looking to expand their portfolio. The building is well-maintained, income-producing, and packed with potential to continue delivering steady returns. Opportunities like this don’t come often—secure your place in the heart of Dayton’s Wright View neighborhood with a multi-family property that checks all the boxes: space, income, and long-term investment value. Fully occupied. Ready for its new owner.

Additional information

MLS^® ID: 950427

Interior Features

Bedrooms: 10
Bathrooms: 7
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.25 Acres

Other Property Details

Garage: Yes

Courtesy of Jonathan H Murray with Howard Hanna Real Estate Serv
Listing Contact: (937) 654-7355

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.