905 Glendean AvenueRiverside, OH 45431

905 Glendean AvenueRiverside, OH 45431

1/32 Fullscreen
$800,000 Pending
Multi Unit - Multiple MLS 943285 Pending
26 beds 12 full baths 10,080 sqft

Listed By

Agency Name: Howard Hanna Real Estate Serv
Agency Phone: (937) 435-1177

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Exceptional Multi-Family Investment Opportunity in Riverside! A new roof and full round of maintenance has just been completed on this incredible 12-unit multi-family property! Located in the highly desirable Riverside neighborhood of Dayton, with over 10,000 total square feet, this investment gem features 10 spacious two-bedroom apartments and 2 three-bedroom apartments, each designed to attract and retain long-term tenants. Currently fully occupied and generating strong returns, this property boasts an impressive cap rate approaching 10%, offering excellent cash flow and endless income potential. Whether you’re a first-time investor looking for a solid entry point or a seasoned investor seeking to expand your portfolio, this property checks all the boxes. Highlights: 12 total units: (10) 2-bedrooms + (2) 3-bedrooms. Over 10,000 sq. ft. of rentable space. Consistently strong rental history. Nearly 10% cap rate with great cash flow. Located in the growing and convenient Riverside neighborhood. Fully occupied and ready for its new owner. This is a turnkey investment with proven performance—a rare find in today’s market. Don’t miss your chance to own a property that will continue to generate reliable, long-term income for years to come!

905 Glendean Avenue | MLS# 943285

This multi-family property located at 905 Glendean Avenue, Riverside, OH 45431 is currently listed for sale with an asking price of $800,000. Glendean Avenue is located within the Mad River school district. Search Riverside real estate on 1279summitstreet.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Central
Days on Market: 182
Heating: Forced Air
Lot Size: 0.38 Acres
Taxes: $9,553
Year Built: 1971

Feature Descriptions

Appliance Features: Range, Refrigerator
Basement Features: Full
Exterior: Brick
Lot Dimensions: 105x170x85x182
Utilities: 220 Volt Outlet

Local Schools

School District: Mad River

Demographics

Montgomery County Demographic Information for 905 Glendean Avenue, Riverside, OH 45431
Fips
Fips Code 39113
Population
2020 to 2023 Change down 0.7%
2010 Count 535,153
2020 Count 537,309
2023 Estimate (V2023) 533,796
2020 Estimate (V2023) 537,306
Age Distribution (Years Old)
0 to 4 5.8%
5 to 17 21.9%
18 to 64 53.6%
65 and Older 18.7%
Gender
Male 48.5%
Female 51.5%
Place of Birth
Foreign 5.0%
US 95.0%
Education
High School Graduate, Age 25+ 91.7%
Bachelor's Degree or Higher, Age 25+ 30.0%
Computer and Internet use
Households with a computer 93.0%
Households with a broadband Internet subscription 88.4%
Language
English is Second Language, Age 5+ 6.4%
English is First Language, Age 5+ 93.6%
Veterans
Veterans 36,415
Income
Per Capita Income $35,767
Median Household Income $61,942
People in Poverty 14.3%
Commute
Average Work Commute Time 23 minutes
Housing
Total Housing Units 252,781
Households 228,062
Average Household Size 2.27
Owner-Occupied 62.3%
Multi-Family 24.3%
Owner-Occupied Median Value $154,300
Median selected monthly owner costs -with a mortgage $1,346
Median selected monthly owner costs -without a mortgage $556
Median gross rent $925
Building Permits
New Private Housing Issued 2023 1,115
Years at Residence
1 Year or More 83.7%
Less Than 1 Year 16.3%
Business and Employment
Private non-farm Establishments 10,993
Private non-farm Employment 224,011
Private non-farm Employment Growth up 0.9%
Nonemployer Establishments 35,834
Number of Firms 40,350
Business Production
Value of Shipments $9,405,685,000
Wholesale Trade $8,384,635,000
Retail Trade $8,441,166,000
Retail Sales Per Capita $12,147
Accommodation and Food Services $1,176,468,000
Land
Land Area 461.55 sq. miles
Population Per Square Mile 1,160

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 4,932.62 per month $3,903.20 Principal & Interest $796.08 Property Tax $233.33 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage