4 months on rocket

1800 N James H Mcgee Blvd, Dayton, OH, 45417

$599,900

Home List Price

$7,124*

Closing Credit

28 Bedrooms
28 Full Baths
21,420 SqFt
$28/SqFt
Multi

Location

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1800 N James H Mcgee Blvd, Dayton$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1966
HeatingOther
CoolingNone
MLS #918395
Lot Size0.89 Acres
StatusActive

About 1800 N James H Mcgee Blvd

The property features 28 fully framed 1-bed/1-bath units, each spanning 650 square feet. A brand-new roof has been installed, ensuring the property’s longevity and reducing future maintenance costs. The framing for all 28 units is already complete, positioning this asset perfectly for immediate development. What sets this opportunity apart even further are the city-approved construction drawings by the renowned Envisage Architecture. With these plans already greenlit by the City of Dayton, the property is ready for you to add the finishing touches and bring these units to market quickly and efficiently. With everything in place, this property is set to achieve an impressive 13%+ cap rate in its first year alone. This is more than just an investment; its a golden opportunity to secure a high-yield asset in a growing market. Properties like this, with such substantial upside and robust cash flow potential, are rare. Don’t miss your chance to add this lucrative asset to your portfolio. Act quickly—this property is bound to attract strong interest, and you’ll want to secure it before someone else does.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Living Area: 21,420 SqFt

Listing Office:

  • Office Name: Outside The Box Real Estate
  • Office Phone: (937) 202-9001
  • Listing Agent: Max Wechter

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 28
  • Total Bedroom Count: 28

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.89 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: N on Brooklyn Ave., W on James H McGee Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $28/SqFt

Tax Information:

  • Annual Amount: $11,926
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Dayton, OH.

Med. Sold Price

$194.9K

Med. Price/SqFt

$132

# of Sold Homes

366

1800 N James H Mcgee Blvd vs Dayton

120 DAYS ON ROCKET

$599,900

+$404.9K More

$28/SqFt

-$105 Less

KEY TAKEAWAY

This property is $404.9K more than the Median Sold Price and $105/SqFt less than other homes in Dayton, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DAYTON
  • MLS Number: #918395

Listing Office:

  • Office Name: Outside The Box Real Estate
  • Office Phone: (937) 202-9001
  • Listing Agent: Max Wechter

IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:21:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 03, 2018Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,926$103,990
2019$11,926$88,540
2018$775$88,540
2017$776$88,540

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-909758
3
/10
  • Westwood PreK-6 School

  • 2805 Oakridge Dr

  • 0.63 miles

  • Public District Grades PK-6

school-card-donut-909759
4
/10
  • World of Wonder PreK-6 School

  • 1923 W 3rd St

  • 1.11 miles

  • Public District Grades PK-6

school-card-donut-909760
2
/10
  • Fairview PreK-6 School

  • 2314 Elsmere Ave

  • 1.71 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,895. Most Dayton, OH residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesOhioMontgomery CountyDayton454171800 N James H Mcgee Blvd

This home is located at 1800 N James H Mcgee Blvd in Dayton, OH and zip code 45417 in the Westwood neighborhood. This 21,420 square foot home, which was built in 1966, sits on a 0.89 acre lot. Features: 28 bedrooms, 28 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $599,900.

Dayton, OH housing market in November 2024 saw over 95 listings sold above listed price, more than 73 sold at listed price and over 198 sold below. Between October 2024 and November 2024, Dayton, OH real estate market has seen decrease in the number of listings by 7.1%.

From Rocket Homes Real Estate and based on county public records data.

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