14-20 Mello Avenue, Dayton, OH 45410

$575,000
12
BD
7
BA

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List Price
$575,000
Status
ACTIVE
Days on Market
75
Price Change
▼ $25,000 1781047931
MLS#
959231
Subtype
Residential Income
Year Built
1972
Bedrooms
12
Bathrooms
7
Full Baths
7
Lot Size
4,500
Acres
0.10
Subdivision
Fort Mckinley

Property Description

***Recent Refurbished unit (December 2025)*** Turnkey 7-Unit Multifamily | Steps from University of Dayton | Fully Leased Income Stream 14–20 Mello Avenue Dayton, OH 45410 Acquire a fully leased seven-unit multifamily property in one of Dayton’s most sought-after rental corridors. Just steps from the University of Dayton (UD), this turnkey building pairs immediate cash flow with brand-new capital improvements, including a new roof installed Summer 2025 creating years of low-maintenance ownership. Property Highlights • Five 2BR/1BA apartments • Two 1BR/1BA apartments • Dedicated off-street parking for seven vehicles plus ample street parking • Well-maintained common areas and mechanicals. Location Advantages • Prime Access: Walk to UD’s academic core, athletics, and student services • Parking Advantage: Private rear lot, rarely available near campus • High Demand: UD proximity drives exceptional occupancy and rent resilience. Investor Takeaway Opportunities of this caliber near the University of Dayton are scarce and tightly held. Whether you’re expanding a portfolio or entering Dayton’s multifamily market, this property offers a rare chance to own a high-demand asset in a proven, supply-constrained location.

Additional Information

Interior Features
High Speed Internet
Exterior Features
Balcony, Patio
Zoning
Residential
Appliances
Dishwasher, Range, Refrigerator
Heating
Baseboard
Air Conditioning
Wall Unit(s)
Foundation
Slab
School District
Dayton

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Calculator source: Real Geeks

Courtesy of Stephen S Payne and Keller Williams Community Part

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