This property is for sale by online auction only. Auction is live and ends 7:07 PM on 5/23/2024. List price is opening bid. Introducing Lot 22—a rare opportunity in the highly anticipated real estate auction featuring 40+ lots, with a focus on multi-unit investment properties. This meticulously renovated 4-unit complex, comprising 2 bedrooms and 1 bathroom in each unit, presents an ideal investment opportunity in the thriving market. While situated on a separate parcel, Lot 22 offers the potential for synergy if purchased alongside Lot #21, forming a complementary pair of adjacent 4-unit properties facing each other. This strategic arrangement enhances the investment appeal and potential for increased rental income. Renovated to the highest standards within the past 5 years, this property boasts new interiors, roofs, windows, and mechanical systems, ensuring a turnkey investment with minimal maintenance requirements. The strong return on investment and full occupancy further underscore the desirability and profitability of this property. Approved for Section 8 with yearly inspections, Lot 22 offers stability and peace of mind for investors, with a reliable tenant base contributing to its strong performance in the rental market. Don't miss your chance to acquire this prime investment property in the upcoming real estate auction. Seize the opportunity to add a valuable asset to your portfolio and capitalize on the robust demand for multi-unit properties in the area.
Property Details
Property Features
Property Information:
Year Built: 1947
Living Area: 5,568 SqFt
Listing Office:
Office Name: Agora Realty Group
Listing Agent: Craig D Kellogg
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 8
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Meadowdale High School, Public District Grades 7-12
Edwin Joel Brown Middle School, Public District Grades 7-8
Fairview PreK-6 School, Public District Grades PK-6
Other
Directions Information:
Directions: State Rte 48 to W Fairview Ave. Left on Catalpa. The property is on the right
Price Information
Listing Price Info
Price Summary:
List Price: $175,000
Price Per SqFt: $31/SqFt
Tax Information:
Annual Amount: $2,169
Tax Year: 2020
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Housing Market Comparison
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Fairview PreK-6 School
2314 Elsmere Ave
Distance between this listing and this school0.28 miles
Public District Grades PK-6
Middle School
3
/10
Edwin Joel Brown Middle School
31 Willowwood Dr
Distance between this listing and this school0.68 miles
Public District Grades 7-8
High School
2
/10
Meadowdale High School
3873 Whitestone Ct
Distance between this listing and this school2.29 miles
Public District Grades 7-12
Assigned Schools
2
/10
Fairview PreK-6 School
2314 Elsmere Ave
Distance between this listing and this school0.28 miles
Public District Grades PK-6
Nearby Schools
3
/10
Richard Allen Preparatory
627 Salem Ave
Distance between this listing and this school1.43 miles
Public Charter Grades KG-1
5
/10
Deca Preparatory
200 Homewood Ave
Distance between this listing and this school1.51 miles
Public Charter Grades KG-6
Assigned Schools
3
/10
Edwin Joel Brown Middle School
31 Willowwood Dr
Distance between this listing and this school0.68 miles
Public District Grades 7-8
Nearby Schools
2
/10
Klepinger Community School
3650 Klepinger Rd
Distance between this listing and this school1.32 miles
Public Charter Grades KG-8
3
/10
Charity Adams Earley Girls Academy
440 Shoup Mill Rd
Distance between this listing and this school1.68 miles
Public District Grades PK-8
Assigned Schools
2
/10
Meadowdale High School
3873 Whitestone Ct
Distance between this listing and this school2.29 miles
Public District Grades 7-12
Nearby Schools
2
/10
Life Skills Center of Dayton
1721 N Main St
Distance between this listing and this school1.23 miles
Public Charter Grades 9-12
4
/10
Horizon Science Academy Dayton High School
250 Shoup Mill Rd
Distance between this listing and this school1.71 miles
The neighbors living near this home have an average income of $34,394. Most Dayton, OH residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 2141 Catalpa Dr in Dayton, OH and zip code 45406 in the Fairview neighborhood. This 5,568 square foot home, which was built in 1947, sits on a 0.16 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $175,000.
Dayton, OH housing market in April 2024 saw over 152 listings sold above listed price, more than 90 sold at listed price and over 192 sold below. In April 2024 in Dayton, OH there were 6.6% more homes for sale than in March 2024. Listings spent 60 days on the market in April 2024, and had a median list price of $183,196 during the same period.
From Rocket Homes Real Estate and based on county public records data.