BEDS12
BATHS7 full
MLS#959231
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDayton
Property Description
***Recent Refurbished unit (December 2025)***Turnkey 7-Unit Multifamily | Steps from University of Dayton | Fully Leased Income Stream14–20 Mello Avenue Dayton, OH 45410Acquire a fully leased seven-unit multifamily property in one of Dayton’s most sought-after rental corridors. Just steps from the University of Dayton (UD), this turnkey building pairs immediate cash flow with brand-new capital improvements, including a new roof installed Summer 2025 creating years of low-maintenance ownership.Property Highlights• Five 2BR/1BA apartments• Two 1BR/1BA apartments• Dedicated off-street parking for seven vehicles plus ample street parking• Well-maintained common areas and mechanicals.Location Advantages• Prime Access: Walk to UD’s academic core, athletics, and student services• Parking Advantage: Private rear lot, rarely available near campus• High Demand: UD proximity drives exceptional occupancy and rent resilience.Investor TakeawayOpportunities of this caliber near the University of Dayton are scarce and tightly held. Whether you’re expanding a portfolio or entering Dayton’s multifamily market, this property offers a rare chance to own a high-demand asset in a proven, supply-constrained location.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall
Heating: Baseboard
Lot Size: 0.10 Acres
Taxes: $45,473
Year Built: 1972
Feature Descriptions
Appliance Features: Dishwasher, Range, Refrigerator
Basement Features: Slab
Days on Site: 3
Exterior: Aluminum, Brick
Lot Dimensions: 77 x 120
Outside Features: Balcony, Cable TV, Patio
Utilities: 220 Volt Outlet, City Water, Natural Gas, Sanitary Sewer
Local Schools
School District: Dayton
Listed By / Shown By
Listed By
Agency Name: Keller Williams Community Part
Agency Phone: (937) 530-4904
Shown By
Agency Title: Garden Gate Realty
Agency Phone: 937-335-2522
Estimate Your Payment
Estimated Payment
$ 5,299.76 per month $1,335.34 Principal & Interest $3,789.42 Property Tax $175.00 Homeowner's Insurance
14-20 Mello Avenue | MLS# 959231
This multi-family property located at 14-20 Mello Avenue, Dayton, OH 45410 is currently listed for sale with an asking price of $600,000. 14-20 Mello Avenue is located within the Dayton school district. Search Dayton real estate on www.gardengaterealty.com today.