421 N Broadway Street, Trotwood, OH 45426

$1,120,000
32
BD
32
BA
8,950
SqFt

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List Price
$1,120,000
MLS#
971480
Status
ACTIVE
City
Trotwood
Bedrooms
32
Full Bathrooms
16
Half Bathrooms
16
Year Built
1973
Living Area
8,950
Subdivision
Ned E Gilleland 02

Property Description

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.

Additional Information

Acres
0.49
Lot Size
21,344
Living Area
8,950
Appliances
Dishwasher, Range, Refrigerator
Garage Desc
No Garage, Parking Lot, On Street
Cooling
Wall Unit(s)
Heating
Baseboard, Electric
School District
Trotwood-Madison
Zoning
Residential

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Courtesy of Mellissa Andre and Bridgestream Realty

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