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$475,000 -$20,000 (-4.04%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 3 hours ago
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Extensively renovated 5-unit apartment building (four 1-BRs and one 2-BR) with no deferred maintenance. Unique commercially zoned property has stately appeal with a common, raised front porch that overlooks the brand new West Carrollton Intermediate School--directly across the street. Location is outstanding- only one block from Stroop and Kettering amenities. Four of 5 apartments are completely remodeled, with the one remaining in excellent condition. New roof, mostly new windows, new HVACs, new on-demand gas hot water, mostly new flooring, mostly new appliances, cabinets and countertops throughout; new paint. Modern styling and quickly rentable. 2-BR has private laundry room and Common coin laundry and tenant storage area for other units; newly paved/ repaved and lined designated space parking lot. Electronic main door entries and 4-camera exterior security. New exterior aluminum trim, siding and paint. Nicely landscaped and attractive setting. Commercial appraisal conducted in May 2023: valued at $465K for bank loan (can be provided upon serious offer request). First year of full operations achieved NOI exceeding $44K/year (see summary statement in attached documents). Rents range from $775 for non-renovated 1-BR unit to $1145 for the 2-BR. Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.

Full Property Details for 4121 S Dixie Dr

General

  • Price: $475,000
  • Status: Active
  • Type: Multi-Family
  • Source: 506
  • MLS ID: 918922
  • Updated: 12/19/2024
  • Added to Site: 109 day(s) ago

Interior

  • Interior Features: Attic, Kitchen Island, Laminate Counters, Pantry, Remodeled
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Gas Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Security/Safety: Surveillance System

Exterior

  • Exterior Features: Fence, Porch, Patio
  • Porch/Patio/Deck: Covered, Patio, Porch

Parking

  • Parking Features: Driveway, Parking Lot, Private, Storage

Location

  • County: Montgomery
  • Driving Directions: Take I-75 S towards Springboro, exit N Springboro Pike (741) South, turn hard left onto South Dixie Drive. Park at West Carrollton Intermediate School parking lot and cross street to meet sellers agent.

School Information

  • Elem School District: West Carrollton
  • Midd School District: West Carrollton
  • High School District: West Carrollton

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Water: Public
  • Utility Description: Natural Gas Available, Water Available

Structural Information

  • # Buildings: 1
  • Construction: Aluminum Siding, Asphalt, Fiber Cement, Frame, Shingle Siding, Stucco, Vinyl Siding, Wood Siding
  • Basement: Yes
  • Basement Desc.: Full, Partially Finished, Walk-Out Access
  • Windows: Aluminum Frames, Insulated Windows, Wood Frames
  • Doors: 6 Panel Door(s)
  • Stories/Levels: 3
  • Square Feet: 4,284
  • Sq. Ft. Source: Assessor
  • Living Area: 4,284 Sq. Ft.
  • Year Built: 1935

Unit Information

  • Unit Type: 1 Bedroom, 2 Bedroom

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,663
  • Lot Size: 5663
  • Lot Size Source: Assessor
  • Lot Dimensions: 50 x 111
  • Fence: Yes
  • Zoning: Commercial, Multiple
  • Fencing (Description): Partial, Wood

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Terms: Conventional
  • Tenant Pays: Electricity

Disclosures and Reports

  • Ownership: Agent Owned
  • Legal Description: 1374 MORAINE
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: J44120911-0064

Listed by Outside The Box Real Estate (937) 202-9001, James Kinlaw (704) 654-9553

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Listing agent

— 4121 S Dixie Dr —

  • James Kinlaw

    Outside The Box Real Estate

    (937) 202-9001

(937) 202-9001

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4121 S Dixie Dr

School District:Kettering City Schools
RatingNameGradesDistance
6
Southdale Elementary School
1200 W Dorothy Ln, Kettering, OH 45409
K-51.4 mi
7
Van Buren Middle School, Kettering, OH
3775 Shroyer Rd, Kettering, OH 45429
6-82.7 mi
7
Kettering Fairmont High School
3301 Shroyer Rd, Kettering, OH 45429
9-122.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4121 S Dixie Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/19/2024
Price Reduced
$475,000
-4.04%
MLS
9/01/2024
Listed
$495,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4121 S Dixie Dr

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,763
-3%
$31,860
—
2022
$2,851
-17%
$31,860
—
2019
$3,436
—
$31,860
-6%
2019
$3,436
5%
$33,990
—
2018
$3,260
—
$33,990
—
2017
$3,273
-7%
$33,990
-9%
2016
$3,523
5%
$37,380
—
2015
$3,344
2%
$37,380
—
2014
$3,285
25%
$37,380
24%
2013
$2,623
—
$30,107
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Outside The Box Real Estate (937) 202-9001, James Kinlaw (704) 654-9553

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4121 S Dixie Drive, Moraine, OH 45439 (MLS# 918922) is a Multi-Family property with 5 units containing 6 bedrooms and 5 full bathrooms. 4121 S Dixie Drive is currently listed for $475,000 and was received on September 01, 2024. Want to learn more about 4121 S Dixie Drive? Do you have questions about finding other Multi-Family real estate for sale in Moraine? You can browse all Moraine real estate or contact a Coldwell Banker agent to request more information.

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