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$200,000
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Property Description
This offering includes two properties that will be sold together in one transaction. The asking price is per building. The total for both buildings is $450,000. The combined portfolio includes eight units located at 404 and 410 E Bruce Avenue, with four units per building. Each unit consists of two bedrooms and one bathroom. The entire portfolio is vacant and ready for leasing, upgrades or repositioning. Based on the U.S. Department of Housing and Urban Development (HUD) 40th percentile Special Area Fair Market Rent (SAFMR) of approximately $1,070 per month for two-bedroom units in this market, the annual potential gross income for all eight units at full occupancy would be approximately $102,720 (8 units x $1,070 x 12 months). This is a strong opportunity for an investor to acquire a multi-unit property in a single transaction and benefit from immediate income potential and value-add possibilities.
Full Property Details
Full Property Details for 404 Bruce
General
- Sold For: $200,000
- Status: Closed
- Type: Multi-Family
- Source: 506
- MLS ID: 946650
- Added to Site: 81 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: No Garage, Parking Lot, On Street
Location
- County: Montgomery
School Information
- Elem School District: Dayton
- Midd School District: Dayton
- High School District: Dayton
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 2
- Sq. Ft. Source: Assessor
- Year Built: 1945
Unit Information
- Unit Type: 2 Bedroom
Lot Features
- Lot Size Source: Assessor
- Lot Dimensions: 80 x 138
- Zoning: Residential
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Ownership: Corporate Owned
- Special Conditions: HUD Owned
- Legal Description: 45897 PT 45898
- HUD: Yes
- Property ID: R72 10911 0025
Listed and Sold by Howard Hanna Real Estate Serv (937) 435-6000, Brianna Thompson (513) 693-7515
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Schools
Schools serving 404 Bruce
School District:Dayton City School District
| Name | Grades | Distance |
|---|---|---|
Valerie Pre-K-8 School 4020 Bradwood Drive, Dayton, OH 45405 | PK-6 | 1.8 mi |
Valerie Elementary School 3871 Yellowstone Avenue, Dayton, OH 45416 | PK-6 | 2.5 mi |
Belle Haven Pre-K-8 School 4401 Free Pike, Dayton, OH 45416 | PK-6 | 2.9 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 404 Bruce
Date
Details
Price
Change
Source
12/05/2025
Sold
$200,000
-11.11%
MLS
10/29/2025
Price Reduced
$225,000
-50%
MLS
10/27/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
404 Bruce, Dayton, OH 45405 (MLS# 946650) is a Multi-Family property that was sold at $200,000 on December 05, 2025. Want to learn more about 404 Bruce? 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.

