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421 N Broadway Street, 
Trotwood, OH 45426

$1,120,000


32

Beds


32

Baths


8,950

Sq Ft


Multi-Family

Active

Listed by

Mellissa Andre

Bridgestream Realty

517-270-9907

Last updated:

November 3, 2026, 06:45 PM

MLS#

971480

Source:

OH DABR

About This Home

421 N Broadway Street

Prime Investment Opportunity – 16 Unit Multifamily Property in Trotwood! Excellent opportunity to acquire a 16 unit multifamily investment property in Trotwood, one of the Dayton area's active markets for real estate investors. Located on N Broadway Street, this property offers an attractive opportunity for investors seeking established rental income, long-term appreciation potential, and the ability to enhance overall investment performance. These highly desirable rental units offer a floor plan sought after in today's rental market. Each of the 16 units features 2 bedrooms, 1.5 bathrooms, and dedicated washer and dryer connections, providing the space, functionality, and convenience renters value. Ideally situated directly across the street from a park and in close proximity to the new high school, the property offers an appealing location with convenient access to neighborhood amenities. This 16 unit asset offers an opportunity to expand an existing portfolio or establish a larger multifamily investment presence in the market. This 16 unit investment property offers strong cash flow and growth potential. The property generated $150,106 in revenue and $72,623 in net operating income (NOI) in 2025. Through September 11, 2026, revenue reached $140,804, with NOI increasing to $89,623. With established rental income and opportunities for further rent growth, this property presents an attractive investment opportunity. Whether your strategy is to maintain existing operations, optimize rental rates, or pursue value-add improvements, this property presents an opportunity to build long term cash flow and equity. Financial information is available for review. Additional multifamily properties are also available for investors seeking to expand their holdings.

Home Facts

Multi-Family

32 Baths

32 Bedrooms

Built in 1973

Subdivision & Development:

Ned E Gilleland 02

Price Summary

1,120,000

$125 per Sq. Ft.

MLS #:

971480

Last Updated:

November 3, 2026, 06:45 PM

Added:

16 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

32

Bathrooms

Total Bathrooms:

32

Full Bathrooms:

16

Interior

Living Area:

8,950 Sq. Ft.


Structure

Structure

Building Area:

8,950 Sq. Ft.

Year Built:

1973


Lot

Lot Size (Sq. Ft):

21,344


Finances & Disclosures

Finances

Price:

$1,120,000

Price per Sq. Ft:

$125 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.