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Property Description
8-Unit Value-Add Portfolio | Side-by-Side TWO 4-Unit Buildings | Miamisburg, OH Rare opportunity to acquire 8 units across two identical 4-unit buildings, each on a separate parcel, located side by side in a high-demand Miamisburg rental corridor. To be sold together as a portfolio-$860,000 total ($430,000 per building). Seller will not sell individually. Each building features four spacious 2BR/1.5BA townhome-style units, approx. 1,000 SF each, with private entrances, in-unit laundry, and two-story layouts. Recent updates and re-paved parking (2022) add further appeal. 1602 is vacant for showings. 7 of the 8 are rented. Currently rented below market: 4 units @ $1000+1 @ $950 = 2 @$900 + 1 vacant. Investment Highlights: "¢ 8.49% Pro Forma CAP at $1,150/month market rents ($9,200/month) "¢ Below-market rents with strong upside "¢ Well-maintained asset with functional layouts "¢ On-site parking | Asphalt lots resurfaced 2022 Location Benefits: "¢ Sought-after Miamisburg school district "¢ Near Dayton Mall, Austin Landing, and I-75/I-675 "¢ Surrounded by retail, dining, and major employers Ideal for investors seeking a stable asset with value-add potential in a resilient rental submarket. Schedule a tour today-portfolio opportunities like this are rare.
Full Property Details
Full Property Details for 1616 Belvo Rd #1610
General
- Sold For: $420,000
- Status: Closed
- Type: Multi-Family
- Source: 506
- MLS ID: 936685
- Added to Site: 217 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Laminate Counters
- Appliances: Dishwasher, Disposal, Range, Refrigerator, Gas Water Heater
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 4
- Half Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: No Garage, Parking Lot, On Street
Location
- County: Montgomery
- Subdivision: Aubrey Manor
School Information
- Elem School District: Miamisburg
- Midd School District: Miamisburg
- High School District: Miamisburg
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
Utilities
- Water: Public
- Utility Description: Water Available
Structural Information
- # Buildings: 1
- Construction: Cedar
- Windows: Double Hung
- Stories/Levels: 2
- Square Feet: 3,840
- Sq. Ft. Source: Assessor
- Living Area: 3,840 Sq. Ft.
- Year Built: 1986
Unit Information
- Unit Type: 2 Bedroom
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,810
- Lot Size: 14810
- Lot Size Source: Assessor
- Lot Dimensions: 150' x 100'
- Zoning: Residential
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tenant Pays: Gas, Heat, Trash Collection
Disclosures and Reports
- Legal Description: 5655 AUBREY MANOR SEC 1
- Property ID: K46-01313-0002
Listed and Sold by BHHS Professional Realty (937) 436-9494, Tushar Mehta (937) 554-0922
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Schools
Schools serving 1616 Belvo Rd #1610
School District:Miamisburg City School District
| Name | Grades | Distance |
|---|---|---|
Miamisburg High School 1860 Belvo Road, Miamisburg, OH 45342 | 9-12 | 0.2 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 1616 Belvo Rd #1610
Date
Details
Price
Change
Source
7/29/2025
Sold
$420,000
-2.33%
MLS
6/15/2025
Listed
$430,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1616 Belvo Road #1610, Miamisburg, OH 45342 (MLS# 936685) is a Multi-Family property that was sold at $420,000 on July 29, 2025. Want to learn more about 1616 Belvo Road #1610? Do you have questions about finding other Multi-Family real estate for sale in Miamisburg? You can browse all Miamisburg real estate or contact a Coldwell Banker agent to request more information.

