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.
Sold for $362,500 on 09/22/25
$362,500
4121 S Dixie Dr, Dayton, OH 45439
6beds
4,284sqft
Multi Family
Built in 1935
-- sqft lot
$362,700 Zestimate®
$85/sqft
$1,366 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 22, 2025 at 06:36pm
Listed by:
James Kinlaw (937)202-9001,
Outside The Box Real Estate
Bought with:
Laurie Westheimer, 2025001165
BHHS Professional Realty
Source: DABR MLS,MLS#: 918922
Originating MLS: Dayton Area Board of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Natural Gas
Cooling
- Other
Appliances
- Included: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Gas Water Heater
Features
- Attic, Kitchen Island, Laminate Counters, Pantry, Remodeled
- Doors: 6 Panel Door(s)
- Windows: Aluminum Frames, Insulated Windows, Wood Frames
- Basement: Full,Partially Finished,Walk-Out Access
Interior area
- Total structure area: 4,284
- Total interior livable area: 4,284 sqft
Property
Parking
- Parking features: Driveway, Parking Lot, Private, Storage
Features
- Patio & porch: Covered, Patio, Porch
- Exterior features: Fence, Porch, Patio
- Fencing: Partial,Wood
Lot
- Size: 5,662 sqft
- Dimensions: 50 x 111
Details
- Parcel number: J441209110064
- Zoning: Commercial,Multiple
- Zoning description: Commercial,Multiple
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Asphalt, Fiber Cement, Frame, Shingle Siding, Stucco, Vinyl Siding, Wood Siding
Condition
- Year built: 1935
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Available, Water Available
Community & neighborhood
Security
- Security features: Surveillance System
Location
- Region: Dayton
Other
Other facts
- Available date: 09/01/2024
- Listing terms: Conventional
- Ownership: Agent Owned
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$362,700
2% more+$7,254
With Zillow Showcase(estimated)$369,954