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$362,500

  • Sold
  • Closed
  • Multi-Family
  • 6 Total Beds
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Motivated to close in 2025! Extensively renovated 5-unit apartment building (four 1-BRs and one 2-BR) with no deferred maintenance. Unique commercially zoned property has stately appeal with a common, raised front porch that overlooks the brand new West Carrollton Intermediate School--directly across the street. Location is outstanding- only one block from Stroop and Kettering amenities. Four of 5 apartments are completely remodeled, remaining 1-BR substantially remodeled. Nearly new roof, most windows, furnaces, HVACs, on-demand gas hot water, flooring, appliances, cabinets and countertops throughout; new paint. Modern styling and quickly rentable. 2-BR has private laundry room and Common coin laundry and tenant storage area for other units; newly paved/ repaved and lined designated space parking lot. Electronic main door entries and 4-camera exterior security. New exterior aluminum trim, siding and paint. Nicely landscaped and attractive setting. Commercial appraisal conducted in December 2024: valued at $470K for bank loan. NOI analysis for full year of 2024 operations provided in supplemental documents, demonstrating net $43,000/ year after expenses (excluding mortgage) Expect as goos or better in 2025. Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.

Full Property Details for 4121 S Dixie Dr

General

  • Sold For: $362,500
  • Status: Closed
  • Type: Multi-Family
  • Source: 506
  • MLS ID: 918922
  • Added to Site: 502 day(s) ago

Interior

  • Interior Features: Attic, Kitchen Island, Laminate Counters, Pantry, Remodeled
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Gas Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Security/Safety: Surveillance System

Exterior

  • Exterior Features: Fence, Porch, Patio
  • Porch/Patio/Deck: Covered, Patio, Porch

Parking

  • Parking Features: Driveway, Parking Lot, Private, Storage

Location

  • County: Montgomery

School Information

  • Elem School District: West Carrollton
  • Midd School District: West Carrollton
  • High School District: West Carrollton

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Water: Public
  • Utility Description: Natural Gas Available, Water Available

Structural Information

  • # Buildings: 1
  • Construction: Aluminum Siding, Asphalt, Fiber Cement, Frame, Shingle Siding, Stucco, Vinyl Siding, Wood Siding
  • Basement: Yes
  • Basement Desc.: Full, Partially Finished, Walk-Out Access
  • Windows: Aluminum Frames, Insulated Windows, Wood Frames
  • Doors: 6 Panel Door(s)
  • Stories/Levels: 3
  • Square Feet: 4,284
  • Sq. Ft. Source: Assessor
  • Living Area: 4,284 Sq. Ft.
  • Year Built: 1935

Unit Information

  • Unit Type: 1 Bedroom, 2 Bedroom

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,663
  • Lot Size: 5663
  • Lot Size Source: Assessor
  • Lot Dimensions: 50 x 111
  • Fence: Yes
  • Zoning: Commercial, Multiple
  • Fencing (Description): Partial, Wood

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Terms: Conventional
  • Tenant Pays: Electricity

Disclosures and Reports

  • Ownership: Agent Owned
  • Legal Description: 1374 MORAINE
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: J44120911-0064

Listed by Outside The Box Real Estate (937) 202-9001, James Kinlaw (704) 654-9553
Sold by BHHS Professional Realty (937) 436-9494, Laurie Westheimer

Listing agent

— 4121 S Dixie Dr —

  • James Kinlaw

    Outside The Box Real Estate

    (937) 202-9001

(937) 202-9001

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 4121 S Dixie Dr

School District:Kettering City School District
NameGradesDistance
Southdale Elementary School
1200 W Dorothy Ln, Kettering, OH 45409
K-51.4 mi
Van Buren Middle School, Kettering, OH
3775 Shroyer Rd, Kettering, OH 45429
6-82.7 mi
Kettering Fairmont High School
3301 Shroyer Road, Kettering, OH 45429
9-122.7 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 4121 S Dixie Dr

Date
Details
Price
Change
Source
9/22/2025
Sold
$362,500
-19.43%
MLS
8/21/2025
Price Reduced
$449,900
-3.25%
MLS
7/15/2025
Price Reduced
$465,000
-2.11%
MLS
12/19/2024
Price Reduced
$475,000
-4.04%
MLS
9/01/2024
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Outside The Box Real Estate (937) 202-9001, James Kinlaw (704) 654-9553
Sold by BHHS Professional Realty (937) 436-9494, Laurie Westheimer

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4121 S Dixie Drive, Moraine, OH 45439 (MLS# 918922) is a Multi-Family property that was sold at $362,500 on September 22, 2025. Want to learn more about 4121 S Dixie Drive? Do you have questions about finding other Multi-Family real estate for sale in Moraine? You can browse all Moraine real estate or contact a Coldwell Banker agent to request more information.