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$450,000

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • 1 Car Garage
  • Updated 7 days ago
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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.

Full Property Details for 251 N Smithville Rd

General

  • Price: $450,000
  • Status: Active
  • Type: Multi-Family
  • Source: 506
  • MLS ID: 950427
  • Updated: 1/10/2026
  • Added to Site: 7 day(s) ago

Interior

  • Appliances: Range, Refrigerator, Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 7

Bedrooms

  • Total Bedrooms: 10

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Detached, Garage, One Car Garage, Parking Lot, Storage

Location

  • County: Montgomery
  • Subdivision: City/Dayton Rev

School Information

  • Elem School District: Dayton
  • Midd School District: Dayton
  • High School District: Dayton

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Baseboard, Electric

Utilities

  • Water: Public
  • Utility Description: Sewer Available, Water Available

Structural Information

  • Construction: Brick
  • Windows: Double Pane Windows
  • Stories/Levels: 2
  • Square Feet: 4,920
  • Sq. Ft. Source: Assessor
  • Living Area: 4,920 Sq. Ft.
  • Year Built: 1964

Unit Information

  • Unit Type: 1 Bedroom, 2 Bedroom, Efficiency

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size: 10890
  • Lot Size Source: Assessor
  • Lot Dimensions: Irregular
  • Zoning: Residential, Commercial

Financial Considerations

  • For Sale/Rent/Lease: For Sale

Disclosures and Reports

  • Ownership: Corporate Owned
  • Legal Description: 41537-41536 48-11-150
  • Property ID: R72-04811-0149

Listed by Howard Hanna Real Estate Serv (937) 435-1177, Jonathan H Murray (937) 654-7355

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Listing agent

— 251 N Smithville Rd —

  • Jonathan H Murray

    Howard Hanna Real Estate Serv

    (937) 435-1177

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 251 N Smithville Rd

School District:Dayton City School District
NameGradesDistance
Ruskin Prek-8 School
407 Ambrose Court, Dayton, OH 45410
PK-62.1 mi
Wright Brothers Pre-K-8 School @ Grant
1361 Huffman Avenue, Dayton, OH 45403
7-81 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 251 N Smithville Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/10/2026
Listed
$450,000
52.54%
MLS
4/28/2021
Sold
$295,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 251 N Smithville Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,403
—
$73,370
—
2023
$7,439
29%
$73,370
45%
2022
$5,781
5%
$50,600
—
2022
$5,506
-5%
$50,600
—
2019
$5,767
—
$50,600
—
2018
$5,785
—
$50,600
—
2017
$5,773
-3%
$50,600
—
2016
$5,980
3%
$50,600
—
2015
$5,808
2%
$50,600
—
2014
$5,704
-54%
$50,603
-5%
2013
$12,456
—
$53,211
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 251 N Smithville Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Howard Hanna Real Estate Serv (937) 435-1177, Jonathan H Murray (937) 654-7355

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251 N Smithville Road, Dayton, OH 45403 (MLS# 950427) is a Multi-Family property with 7 units containing 10 bedrooms and 7 full bathrooms. 251 N Smithville Road is currently listed for $450,000 and was received on January 10, 2026. Want to learn more about 251 N Smithville Road? 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.

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