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4121 S Dixie Drive Moraine, OH 45439

0.13
Acres
$475,000
MLS# 918922
0
0.13 AC
1/42
    2/42
    3/42
    Photos
    Map
    Photos
    Map

    More About 4121 S Dixie Drive

    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 December 2024: valued at $470K for bank loan (can be provided upon serious offer request). NOI analysis for full year of 2024 operations provided in supplemental documents year, demonstrating net $43,000/ year after expenses (excluding mortgage). Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.

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    Directions to this Listing

    : 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.

    Information Refreshed: 5/20/2025 2:02 PM

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    Property Details

    • MLS#:

      918922
    • Type:

      Multi Family
    • County:

      Montgomery
    • Age:

      90
    • Construction:

      Fiber Cement, Aluminum Siding, Asphalt, Frame, Shingle Siding, Stucco, Vinyl Siding, Wood Siding
    • Cooling:

      Other
    • Garage:

      Storage
    • Heating:

      Forced Air
    • Inside Features:

      Laminate Counters, Kitchen Island, Remodeled, Pantry, Attic
    • Lot Description:

      50 x 111
    • School District:

      West Carrollton City
    This listing courtesy of James Kinlaw (704) 654-9553 , Outside The Box Real Estate (937) 202-9001

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    Monthly Cost

    Mortgage Calculator

    *The rates & payments shown are illustrative only.
    Payment displayed does not include taxes and insurance. Rates last updated on 5/8/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.
    $2,467*
    Estimated monthly total
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    OH•45439•Montgomery County•Moraine•4121 S Dixie Drive

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