5010-5016 Woodbine Ave - Multi-Family FOR SALE


Dayton, OH 45432- Eastmont
$590,000 USD
937-433-1776
5010-5016 Woodbine Ave, Dayton, OH for Sale
$590,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

5010-5016 Woodbine Ave
Dayton, OH 45432
Eastmont


OVERVIEW

Located in the Eastmont neighborhood of Dayton, 5010 & 5016 Woodbine Avenue present an excellent multi-family investment opportunity. Built in 1963, these well-maintained properties feature a combined total of multiple apartment units, including spacious one-bedroom layouts up to 1,000?sq?ft, ideal for long-term tenants. 5016 Woodbine Ave features a recently updated roof (2018) and all-new windows. Additionally, off-street parking is available behind the building for tenant convenience. Each unit has forced-air heating, and tenants are responsible for heat and electricity, simplifying management. With four full bathrooms and easy-to-rent units, the property is ready for immediate occupancy. Situated near local shopping centers and major Dayton corridors, these properties offer both stability and cash flow potential for investors. With a proven rental history and manageable lot sizes (5010: ~6,970?sq?ft; 5016: ~8,712?sq?ft), these buildings combine functionality, location, and investment upside in a single package. Woodbine – Building Condition Summary The Woodbine buildings have received consistent updates throughout ownership. Roofs were replaced approximately 5–8 years ago, and the electric panels were upgraded within the last five years. HVAC systems vary in age, though roughly half have been replaced over the past decade. During unit remodels completed within the last four years, most plumbing components—including p-traps, sinks, toilets, and disposals—were updated. In addition, new windows have been installed across the property within the last five years, further enhancing efficiency and long-term durability. Shroyer – Building Condition Summary The Shroyer buildings have also benefited from steady improvements. Roofs are believed to have been replaced within the last 10 years, providing solid structural reliability. Electric panels predate the seller’s 2018 ownership, while HVAC systems have been updated progressively, with approximately half replaced since 2018. Plumbing updates have been made during unit renovations, estimated at about half the building, due to long-term tenant occupancy. Similar to Woodbine, new windows were installed within the past five years, contributing to improved performance and tenant comfort.

FOR SALE DETAILS

PRICE

$590,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

4

PRICE/UNIT

$147,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R72-16502-0002

ASK ABOUT THIS PROPERTY

Bob CapernaHoward Hanna Real Estate ServicesMore Info
937-433-1776

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Bob CapernaHoward Hanna Real Estate ServicesMore Info
937-433-1776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.