321 S Harbine Ave
Dayton, OH
Exceptional investment opportunity featuring a multi-family apartment building encompassing 321 Harbine Ave and 361 Sheridan Ave—two addresses within one well-maintained property. This very sought-after 6-unit building offers spacious 2-bedroom, 1-bath units throughout, providing a highly desirable layout for tenants and consistent rental demand.
Constructed as a solid all-brick two-story, the property features two separate entry points, each servicing three units for added convenience and efficient access. Significant recent improvements include updated windows, a brand-new roof and gutters (2024), and a new concrete drive (2024). Tenants enjoy a large shared patio area, enhancing outdoor living and overall appeal.
Two units have been completely renovated with new vinyl plank flooring, LED lighting, updated water heaters, and modern finishes throughout. The remaining four units are well-maintained and mechanically sound. Both common areas were also updated in 2024, reflecting pride of ownership and ongoing care.
Currently generating $850 per unit in rent, this property offers strong cash flow with additional upside potential as rents continue to align with market rates. The owner pays water, while tenants cover all other utilities, helping keep operating costs manageable.
Located in a solid East Dayton area with convenient access to amenities and major routes, this property is an excellent addition to any investment portfolio—offering stability, value, and long-term growth potential.