24 Fernwood Avenue
Dayton, OH 45405
4
Bed
1
Bath
4,500Sqft
5,384Sqft(Lot)
Introducing an exceptional opportunity for Multifamily investors in the Dayton area. This low maintenance all brick 4,500 SF building comprises of four 1-bedroom, four 1-bath apartment units, and offers a solid investment in a thriving market. Built in 1951 and zoned ER-4, the property features 100% occupancy, ensuring immediate returns for savvy investors. With a strategic location and a track record of full occupancy, this investment promises strong rental demand and consistent cash flow. Don't miss your chance to secure a valuable asset in the dynamic Dayton market. Recent improvements include a new roof installed in 2021, four new heat pumps installed in 2023, new floors, new windows and appliances installed in early 2021 in three units, two new water heaters installed in 2026. Tenants
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Has Basement: Yes Basement: Unfinished -
Interior Features
Appliances: Range, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1951 Building Area Total: 4500 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Dimensions: 138 x 56 Main Square Feet: 5384 Square Feet Lot Size Acres: 0.1236 Lot Size Source: Assessor Lot Size Square Feet: 5384Property Information
Subdivision: Dayton Source Property Type: Residential Income Postal Code Plus 4: 2618 Zoning Description: Commercial Property SubType: Multi Family Property Age: 75
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Listing Price Information
Listing Price: $245000 Conventional
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Tax Information
Parcel Number: R72-06310-0076 Tax Legal Desc: 44001
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Parking Information
Garage, On StreetGarage Information
Has Garage: Yes Garage Space: 4
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Utility Information
Natural Gas Available, Water Available -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 51 Vincent Street, Dayton, OH, 45405 | $40,000 | 4 | 2 | 1,760 | 1,760 SqFt |
| 35 Vincent Street, Dayton, OH, 45405 | $175,900 | 4 | 3 | 2,638 | 2,638 SqFt |
| 2005 Riverside Drive, Dayton, OH, 45405 | $135,999 | 4 | 3 | 840 | 840 SqFt |
| 603 Rockford Avenue, Dayton, OH, 45405 | $230,900 | 4 | 4 | 5,760 | 5,760 SqFt |
| 615 Rockford Avenue, Dayton, OH, 45405 | $220,000 | 4 | 4 | 4,788 | 4,788 SqFt |
| 15 Ridge Avenue, Dayton, OH, 45405 | $265,000 | 4 | 4 | 4,032 | 4,032 SqFt |
| 924-926 Grafton Avenue, Dayton, OH, 45405 | $69,900 | 6 | 2 | 2,542 | 2,542 SqFt |
| 115 E Norman Avenue, Dayton, OH, 45405 | $249,900 | 4 | 4 | 4,176 | 4,176 SqFt |
| 3303 Riverside Drive, Dayton, OH, 45405 | $599,000 | 12 | 12 | 8,600 | 8,600 SqFt |
| 416 E Bruce Avenue, Dayton, OH, 45405 | $279,000 | 8 | 4 | 4,590 | 4,590 SqFt |
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Nearby For Sale
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 08/27/2026 @ 01:15
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