2615 N Gettysburg

Description:

This 5-unit apartment building provides steady in-place income with five separate rent streams and is currently fully occupied, offering investors immediate and consistent cash flow. The diversified unit mix helps reduce vacancy risk compared to smaller multifamily properties, while the manageable size makes the asset easy to operate and track financially. This property is well suited for buy-and-hold investors, first-time multifamily buyers, or 1031 exchange purchasers seeking reliable income.

From an operations standpoint, the property shows well-maintained core systems, including individual electrical panels for each unit, multiple Goodman gas furnaces, and a modern Rheem water heater, helping limit near-term capital expenses. With solid mechanicals in place, the focus remains on income stability and operational efficiency, allowing more of the rental revenue to flow to the bottom line. The property offers cash-flow-first performance today, with additional upside potential through rent growth and continued efficient management.


The property is located along North Gettysburg Road in Dayton, an established residential corridor with a large concentration of workforce and affordable housing. This area has a long history of supporting small multifamily properties, making it a familiar and active market for local and regional apartment investors. Demand in the area is driven by renters seeking reasonably priced housing with convenient access to employment centers, retail, and public transportation.




Fully occupied 5-unit apartment building providing immediate and consistent in-place cash flow.


Five separate income streams reduce vacancy risk compared to smaller multifamily assets.


Individual electric panels and well-maintained mechanicals help limit near-term capital expenses.


Located in an established Dayton workforce-housing submarket with strong small-multifamily investor demand.


Upside through rent growth and efficient management without major renovations.

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