421 N Broadway Street, Trotwood, OH 45426
421 N Broadway Street, Trotwood, OH 45426
421 N Broadway Street, Trotwood, OH 45426
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$1,120,000
Est. payment /mo
32 Beds
24 Baths
8,950 SqFt
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Key Details

Property Type Multi-Family, Commercial

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,950 sqft

Price per Sqft $125

MLS Listing ID 971480

Bedrooms 32

Full Baths 16

Half Baths 16

Year Built 1973

Annual Tax Amount $24,778

Lot Size 0.490 Acres

Lot Dimensions 185x115

Property Sub-Type 5+ Units

Property Description

Prime Investment Opportunity – 16 Unit Multifamily Property in Trotwood!

Excellent opportunity to acquire a 16 unit multifamily investment property in Trotwood, one of the Dayton area's active markets for real estate investors. Located on N Broadway Street, this property offers an attractive opportunity for investors seeking established rental income, long-term appreciation potential, and the ability to enhance overall investment performance.

These highly desirable rental units offer a floor plan sought after in today's rental market. Each of the 16 units features 2 bedrooms, 1.5 bathrooms, and dedicated washer and dryer connections, providing the space, functionality, and convenience renters value. Ideally situated directly across the street from a park and in close proximity to the new high school, the property offers an appealing location with convenient access to neighborhood amenities. This 16 unit asset offers an opportunity to expand an existing portfolio or establish a larger multifamily investment presence in the market.

This 16 unit investment property offers strong cash flow and growth potential. The property generated $150,106 in revenue and $72,623 in net operating income (NOI) in 2025. Through September 11, 2026, revenue reached $140,804, with NOI increasing to $89,623. With established rental income and opportunities for further rent growth, this property presents an attractive investment opportunity.

Whether your strategy is to maintain existing operations, optimize rental rates, or pursue value-add improvements, this property presents an opportunity to build long term cash flow and equity. Financial information is available for review. Additional multifamily properties are also available for investors seeking to expand their holdings.

Location

State OH

County Montgomery

Zoning Residential

Rooms

Basement Slab

Interior

Heating Baseboard, Electric

Cooling Wall

Exterior

Exterior Feature Balcony

Parking Features None

Utilities Available Public Water

Building

Structure Type Brick

Schools

School District Trotwood-Madison


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Dayton MLS (DTON)
Listed by Bridgestream Realty

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Sharon Higgins

Sharon Higgins

+1(732) 277-8567

Agent License ID: sal.2022005649

Agent License ID: sal.2022005649

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