4121 S Dixie Drive Moraine, OH 45439
0.13
Acres
$475,000
MLS# 918922
0
0.13 AC
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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: 4/30/2025 7:01 PM
Property Details
MLS#:
918922Type:
Multi FamilyCounty:
MontgomeryAge:
90Construction:
Fiber Cement, Aluminum Siding, Asphalt, Frame, Shingle Siding, Stucco, Vinyl Siding, Wood SidingCooling:
OtherGarage:
StorageHeating:
Forced AirInside Features:
Laminate Counters, Kitchen Island, Remodeled, Pantry, AtticLot Description:
50 x 111School District:
West Carrollton City
Online Views:
0This listing courtesy of James Kinlaw (704) 654-9553 , Outside The Box Real Estate (937) 202-9001
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*The rates & payments shown are illustrative only.
Payment displayed does not include taxes and insurance. Rates last updated on 4/24/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.
Payment displayed does not include taxes and insurance. Rates last updated on 4/24/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.

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