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1241 Devon Avenue, 
Dayton, OH 45429

$1,200,000


24

Beds


14

Baths


9,408

Sq Ft


Multi-Family

Active

Listed by

Robert Speckert

eXp Realty

866-212-4991

Last updated:

April 14, 2026, 03:05 PM

MLS#

950513

Source:

OH DABR

About This Home

1241 Devon Avenue

Exceptional 13-unit multi-family investment opportunity consisting of a well-maintained 12-unit brick apartment building and a separate detached single-family home, offering strong cash flow and versatility in a proven rental market. The property features 11 spacious 2-bedroom units and 2 large 1-bedroom units, with the majority of units having been tastefully updated in recent years with modern kitchens, updated bathrooms, fresh paint, and contemporary flooring. Each individual unit is separately metered with its own water heater and forced-air furnace, allowing for tenant-paid utilities and simplified maintenance and accounting. The roof on the main building is less than 3 years old, providing long-term protection and significantly reducing near-term capital expenditure requirements. The inclusion of the detached single-family home adds flexibility for owner-occupancy, manager’s residence, or additional rental income. This turnkey portfolio combines solid construction, recent improvements, low deferred maintenance, and excellent income potential through remaining cosmetic enhancements or market rent growth. Rent roll, and P & L available upon request. Properties of this caliber with individual mechanical systems and a newer roof do not last long—schedule your private showing today!

Home Facts

Multi-Family

14 Baths

24 Bedrooms

Built in 1971

Price Summary

1,200,000

$127 per Sq. Ft.

MLS #:

950513

Last Updated:

April 14, 2026, 03:05 PM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

24

Bathrooms

Total Bathrooms:

14

Full Bathrooms:

14

Interior

Living Area:

9,408 Sq. Ft.


Structure

Structure

Building Area:

9,408 Sq. Ft.

Year Built:

1971


Lot

Lot Size (Sq. Ft):

27,007


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$127 per Sq. Ft.

Source:OH DABR
The information being provided by Dayton Area Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Dayton Area Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.