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$630,000
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Property Description
This well-maintained 10-unit multifamily property presents a strong investment opportunity, featuring two separate buildings-614 and 616-that share a connected basement. The basement includes rentable storage closets for added income and two washer/dryer hookups, offering potential for future laundry amenities. Building 614 consists of four spacious 2-bedroom, 1-bath units, while Building 616 includes three 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, providing a versatile mix of unit options. The property is thoughtfully designed for efficient operation: the owner pays only for water, trash, and electricity in common areas, while tenants are individually responsible for gas and electric. Some of the major systems have been updated to within the last 5-7 years, offering added peace of mind for future ownership. Parking is available in a private lot located behind the buildings, as well as off-street parking. The property sits at the end of a quiet cul-de-sac, offering a sense of privacy while being conveniently located near the desirable Oakwood/Dayton/Kettering triangle. This is a prime opportunity for investors seeking a stable, income-producing property with both immediate returns and long-term value-add potential.
Full Property Details
Full Property Details for 616 Roy Ave #614
General
- Sold For: $630,000
- Status: Closed
- Type: Multi-Family
- Source: 506
- MLS ID: 935584
- Added to Site: 226 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
Bedrooms
- Total Bedrooms: 17
Parking
- Parking Features: No Garage, Public, Parking Lot
Location
- County: Montgomery
- Subdivision: Said
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: Forced Air
Structural Information
- # Buildings: 2
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 2
- Square Feet: 9,225
- Sq. Ft. Source: Assessor
- Living Area: 9,225 Sq. Ft.
- Year Built: 1944
Unit Information
- Unit Type: 1 Bedroom, 2 Bedroom
Lot Features
- Lot Size (Acres): 0.2943
- Lot Size (Sq. Ft.): 12,820
- Lot Size: 12820
- Lot Size Source: Assessor
- Lot Dimensions: .
- Zoning: Residential
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Conventional, VA Loan
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Legal Description: 61436 PT
- Property ID: R72-13907-0051
Listed by Keller Williams Community Part (937) 530-4904, Megan Boldt (937) 408-1987
Sold by Red 1 Realty (614) 585-9020, Christopher John
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Schools
Schools serving 616 Roy Ave #614
School District:Dayton City School District
| Name | Grades | Distance |
|---|---|---|
Horace Mann Pre-K-8 School 715 Krebs Avenue, Dayton, OH 45419 | PK-6 | 0.1 mi |
Cleveland Pre-K-8 School 1102 Pursell Avenue, Dayton, OH 45420 | PK-6 | 1.4 mi |
Kemp Elementary School 1923 Gondert Avenue, Dayton, OH 45403 | PK-6 | 2.5 mi |
Eastmont Elementary School 1480 Edendale Road, Dayton, OH 45432 | PK-6 | 2.6 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 616 Roy Ave #614
Date
Details
Price
Change
Source
8/28/2025
Sold
$630,000
-3.06%
MLS
6/04/2025
Listed
$649,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
616 Roy Avenue #614, Dayton, OH 45419 (MLS# 935584) is a Multi-Family property that was sold at $630,000 on August 28, 2025. Want to learn more about 616 Roy Avenue #614? 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.

