Multifamily For Sale

$1,000,000

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308 S Patterson Boulevard

  • 9 beds
  • 9 baths
  • 7,968 sqft
  • 6,534 sqft lot
  • $125 per sqft
  • 1900 build
  • on site

20% increase in rents since 2019! This 9 unit multi family opportunity sits at the mouth of the historic Oregon District in the SE quadrant of Downtown Dayton. This two story building with a full basement contains four 1 bedroom units facing Patterson Blvd and four slightly larger units facing the rear private parking lot and alleyway behind the building. Unit 9, in the lower level, is HUGE and has windows in each room of the unit. The lower level also has laundry and storage facilities for the tenants. The building operates on boiler heat and the gas boiler was completely rebuilt in 2017. The electric was updated in 2018 and the meter banks moved to the exterior of the building. Roof repairs, stucco repairs and new exterior painting was completed in 2020. Rents increased by 20% from 2019 to date and are on track to jump by another 8%-10% for 2021 despite the pandemic. The building qualifies for historic tax credits and sits in the Opportunity Zone.

DABR logo Listing courtesy of DABR / Bruns Realty Group, LLC

Last checked: Checking… • Last updated Jan 18, 2021 • Source: DABR

MLS# 832607 —

Amenities & Taxes

The Building

Year Built:
1900
Construction Type:
Brick
SqFt Total:
7968
Basement:
Finished

Financial & Terms

Distressed Property:
None

Location

Directions:
US 35 to Patterson Blvd

The Property

Parcel Number:
R72 01507 0021
Property Type
Multi-Family
Property Sub Type:
5+ Units
0.1500
Acres:
Lot Dimensions:
irregular
Lot Square Footage
6,534 Sqft
Lot Size Source:
Assessor's Data
Zoning:
Residential, Historic

Listing Agent

Contact info:

Taxes

Semi Annual Taxes:
$8,120.50

Beds

Beds Total:
9

Baths

Baths Total:
9
Baths Full:
9

Heating & Cooling

Cooling:
Window Unit
Heating:
Natural Gas, Other

Schools

School District:
Dayton

The Community

Subdivision Name:
City/Dayton
Assessments:
of record

Parking

Garage:
None

Schools

Rating Details
3

Ruskin Prek 6 School

  • Public
  • K-6
  • 0.9 mi
2

Kiser Prek 6 School

  • Public
  • K-6
  • 2.0 mi
2

Belmont High School

  • Public
  • 7-12
  • 2.3 mi
1

Dunbar Early College High School

  • Public
  • 9-12
  • 2.8 mi
1

Thurgood Marshall High School

  • Public
  • 9-12
  • 3.9 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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Sale history

Date Event Source Price % Change
1/14/21
Relisted DABR $1,000,000
10/11/19
Pending DABR
10/9/19
Listed / Active DABR

Finding records…

No additional history available

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308 S Patterson Boulevard
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