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1723-1731 Mcarthur Avenue

Dayton, OH 45417
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$715,000 $3,014/Mo
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Bed 19

Bed

Bath 9

Bath

SqFt5,440

Sqft

SqFt9,148

Sqft(Lot)

Discover a unique investment opportunity featuring both an 8-unit multifamily building and a separate 3-bedroom single-family home, all being operated under a stable long-term program lease in Dayton, Ohio. The property includes: An 8-unit apartment building consisting entirely of 2-bedroom units A separate 3-bedroom single-family home Total annual gross income of approximately $82,800 What makes this investment especially attractive is the operational structure already in place. The property is leased to a program operator under a 3-year lease, creating a simplified and highly predictable ownership experience. Key investment highlights include: No tenant turnover management Program pays all utilities Lawn care handled by the program General day-to-day maintenance handled by the progr am Reduced management burden for ownership Owner primarily responsible only for major capital or structural repairs This setup significantly minimizes the normal operational demands often associated with multifamily ownership while still providing strong and consistent cash flow. The property offers approximately 5,440 square feet of living space across the multifamily building, with a total of 19 bedrooms and 9 full bathrooms throughout the combined properties. Situated on a 0.21-acre lot, the property is located in a strong rental corridor with convenient access to employment centers, transportation routes, and local amenities. With stable income, long-term lease security, and reduced operating responsibilities, this property presents an excellent opportunity for investors seeking dependable cash flow and long-term portfolio growth. Showings will be provided to accepted offers only.

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Detail Ic Property Details

Property Type : Residential Income

Price : $715,000

AD Id : 78943799

MLS Id : 959481

Beds : 19

Lot Size : 9,148 Sqft

Living Area Size : 5,440

Year Built : 1965

County : Montgomery

Subdivision: Rural Tract (no Subd)

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Feature Features

  • Bedroom Information

    Total beds: 19

    Bathroom Information

    Total Baths: 9 Full Baths: 9

    Room Information

    Has Basement: Yes Basement: Other

  • Interior Features

    Appliances: Range, Refrigerator

  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall Unit(s)

  • Building Information

    Year Built: 1965 Building Area Total: 5440 Construction Materials: Asbestos, Brick Private Pool: No

  • Lot Information

    Lot Dimensions: 9148 Main Square Feet: 9148 Square Feet Lot Size Acres: 0.21 Lot Size Source: Assessor Lot Size Square Feet: 9148

    Property Information

    Subdivision: City/Dayton Rev Source Property Type: Residential Income Zoning Description: Residential,Commercial Property SubType: Multi Family Property Age: 61

  • Listing Price Information

    Listing Price: $715000

  • Tax Information

    Parcel Number: R72-16801-0168 Tax Legal Desc: 75135 PT

  • Parking Information

    Driveway, No Garage, Private

  • Utility Information

    Water Available

  • Location Information

    WaterSource: Public
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685 Randolph Street, Dayton, OH, 45417 $180,000 4 2 2,142 2,142 SqFt
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2723 Jerome Avenue, Dayton, OH, 45417 $215,000 8 8 4,600 4,600 SqFt
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121 Huron Avenue, Dayton, OH, 45417 $60,000 2 2 1,268 1,268 SqFt
2989 Sage Avenue, Dayton, OH, 45417 $124,500 4 2 1,908 1,908 SqFt
736 738 Osmond Avenue, Dayton, OH, 45417 $104,900 2 1 1,176 1,176 SqFt
432 N Gettysburg Avenue, Dayton, OH, 45417 $199,000 4 4 --

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Dayton REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Dayton REALTORS®. All rights reserved.

ByOwner last updated this listing 06/19/2026 @ 17:19

MLS: 959481 LISTED BY: Casey McGowan, One Tree Realty & Property Mgm 937-218-1900 SOURCE: Dayton REALTORS

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