1616 Belvo Road 1610 Miamisburg, OH 45342
0.34
Acres
$430,000
MLS# 936685
0
0.34 AC
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Map
Photos
Map
Received 06/15/2025
More About 1616 Belvo Road 1610
Rare opportunity to acquire 8 units (2 buildings on two separate parcels), side by side, in a high-demand rental location. Stabilized asset with significant upside through rent increases. 8.49% Pro Forma CAP. To be sold together with adjacent identical 4-unit building at 1602 Belvo Rd. (Part of a two-building investment portfolio. Each building is listed for $430k. Portfolio Sale $860k).). Seller will not sell individually.
Exceptional opportunity to acquire two 4-family apartment building in one of the most sought-after rental neighborhoods in Miamisburg. Each building consists of 4-spacious 2-bedroom, 1.5-bath townhome-style units, approx. 1,000 SF each. Highly functional layouts feature private entrances, in-unit laundry & two-story living with kitchen, living room, laundry & half bath on first floor, & 2 bedrooms & full bath upstairs. Plenty of updates include: Laminate flooring, concrete patios, exterior lights front and back, New ACs etc.
Investment Highlights:
• Two 4 Unit buildings. Identical Layouts. Approx 1,000 SF per unit.
• Pro Forma CAP Rate: 8.49% at Market Rents ($1,150/month/unit)
• Current Rents Below Market | Strong Upside Potential
• On-Site Parking: Parking Lots re-paved and asphalted in 2022.
Prime Location & Strong Demand Drivers:
• High-Demand Miamisburg Location
• Proximity to Dayton Mall, Austin Landing, and I-75/I-675 Interchange
• Less than a Mile from Miamisburg High & Middle Schools
• Minutes to Dining, Retail, and Major Employment Centers
Whether you're a seasoned investor looking to expand your multifamily portfolio or seeking a stable asset with value-add potential, this property checks all the boxes. With below-market rents and immediate upside, it offers strong cash flow in a resilient and growing rental submarket.
Don’t miss this rare opportunity—schedule a tour today.
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Directions to this Listing
: From Maue (Lyons Road), left on S. Gebhart Church Road, Right on Belvo Road.
Information Refreshed: 6/15/2025 1:13 PM
Property Details
MLS#:
936685Type:
Multi FamilyCounty:
MontgomeryAge:
39Construction:
CedarCooling:
Central AirInside Features:
Laminate Counters, Ceiling FansLot Description:
150' x 100'School District:
Miamisburg City
Online Views:
0This listing courtesy of Tushar Mehta (937) 554-0922 , BHHS Professional Realty (937) 436-9494
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*The rates & payments shown are illustrative only.
Payment displayed does not include taxes and insurance. Rates last updated on 6/12/2025 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 6/12/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.
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