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$229,900
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Property Description
Turnkey investment opportunity! This income-generating 4-unit apartment building is the perfect addition to any investor's portfolio, offering immediate cash flow with major capital improvements already completed. The property features a brand-new roof and recently renovated units, providing modern finishes that attract and retain quality tenants. In 2023, the building underwent significant upgrades including updated electrical systems, new baseboard heating, and a new water heater, giving peace of mind and reducing future maintenance costs. Each unit is separately metered for gas and electric, allowing tenants to cover their own utilities-keeping expenses low and boosting overall returns. One unit has been intentionally left vacant, creating a prime opportunity for an owner-occupant or allowing a new investor to lease at current market rents and further increase income. With strong in-place income and additional upside potential, this property presents an attractive cap rate opportunity for investors seeking both immediate cash flow and long-term appreciation. The combination of major recent improvements, reduced maintenance risk, and utility pass-through structure positions this asset for efficient, predictable performance. Whether you're looking to house hack or expand your portfolio, this is a low-maintenance, high-performing asset you don't want to miss.
Full Property Details
Full Property Details for 245 Valleyview Dr
General
- Sold For: $229,900
- Status: Closed
- Type: Multi-Family
- Source: 506
- MLS ID: 954992
- Added to Site: 55 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: No Garage
Location
- County: Montgomery
- Subdivision: City/Dayton Rev
School Information
- Elem School District: Dayton
- Midd School District: Dayton
- High School District: Dayton
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Stories/Levels: 2
- Square Feet: 3,648
- Sq. Ft. Source: Assessor
- Living Area: 3,648 Sq. Ft.
- Year Built: 1945
Unit Information
- Unit Type: 1 Bedroom
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: 6534
- Lot Size Source: Assessor
- Lot Dimensions: 60 x 107
- Zoning: Residential
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Legal Description: 46562
- Property ID: R72-11206-0008
Listed by Red 1 Realty (937) 689-6134, Rion Freeman (937) 469-7552
Sold by Howard Hanna Real Estate Serv (937) 435-1177, Michael Warner
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Schools
Schools serving 245 Valleyview Dr
School District:Dayton City School District
| Name | Grades | Distance |
|---|---|---|
Valerie Elementary School 3871 Yellowstone Avenue, Dayton, OH 45416 | PK-6 | 2.2 mi |
E. J. Brown Pre-K-8 School 31 Willowwood Drive, Dayton, OH 45405 | 7-8 | 0.4 mi |
Meadowdale High School 3873 Whitestone Court, Dayton, OH 45416 | 7-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 245 Valleyview Dr
Date
Details
Price
Change
Source
5/01/2026
Sold
$229,900
—
MLS
3/26/2026
Listed
$229,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
245 Valleyview Drive, Dayton, OH 45405 (MLS# 954992) is a Multi-Family property that was sold at $229,900 on May 01, 2026. Want to learn more about 245 Valleyview Drive? Do you have questions about finding other Multi-Family real estate for sale in Dayton? You can browse all Dayton real estate or contact a Coldwell Banker agent to request more information.

