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14-20 Mello Avenue
Dayton, OH 45410
FOR
SALE
$614,999
Active
12
Beds
7
Baths
0.10
Acres
1972
Yr. Built
MLS# 944148
Cumulative Days on Market: 123 (since September 30th, 2025) Data provided by the MLS.

Property Description

* * * Recent Refurbished unit (December 2025) * * *

Turnkey 7-Unit Multifamily | Steps from University of Dayton | Fully Leased Income Stream

14–20 Mello Avenue Dayton, OH 45410

Acquire a fully leased seven-unit multifamily property in one of Dayton’s most sought-after rental corridors. Just steps from the University of Dayton (UD), this turnkey building pairs immediate cash flow with brand-new capital improvements, including a new roof installed Summer 2025 creating years of low-maintenance ownership.

Property Highlights
• Five 2BR / 1BA apartments
• Two 1BR / 1BA apartments
• Dedicated off-street parking for seven vehicles plus ample street parking
• Well-maintained common areas and mechanicals.

Location Advantages
• Prime Access: Walk to UD’s academic core, athletics, and student services
• Parking Advantage: Private rear lot, rarely available near campus
• High Demand: UD proximity drives exceptional occupancy and rent resilience.

Investor Takeaway
Opportunities of this caliber near the University of Dayton are scarce and tightly held. Whether you’re expanding a portfolio or entering Dayton’s multifamily market, this property offers a rare chance to own a high-demand asset in a proven, supply-constrained location.

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Property Highlights

Price
$614,999
Property Type
Residential Income
Bedrooms
12
Total Bathrooms
7
Acres
0.10
Year Built
1972

Location

City/Township
Dayton
County
Montgomery
Subdivision
Fort Mckinley
Zoning
Residential
Zoning Description
Residential

Property Details

Price
$614,999
Property Type
Residential Income

Building

Stories
2

Community

Local Schools

School District
Dayton

Interior Features

Bedrooms and Bathrooms

Bedrooms
12
Full Bathrooms
7
Total Bathrooms
7

Area and Spaces

Number of Units
7

Appliances

Appliances
Dishwasher, Range, Refrigerator

Interior Features

Interior Features
High Speed Internet
Security Features
Smoke Detectors

Heating and Cooling

Heating Features
Baseboard

Building Details

Construction

Foundations
Slab
Year Built
1972

Materials

Construction Materials
Aluminum Siding, Brick

Terms

Terms

Special Terms
Conventional

Heating, Cooling & Utilities

Cooling Features
Wall Units

Utilities

Utilities
Natural Gas Available, Sewer Available, Water Available, Cable Available
Water Source
Public

Lot

Acres
10
Lot Dimensions
77 x 120
Lot Size
4,500
Lot Size Area Sq Ft
4,500

Exterior Features

Exterior Features
Balcony, Patio
Patio And Porch Features
Balcony, Patio

Parking

Parking Features
No Garage, Parking Lot, On Street
Listed by Keller Williams Community Part.
Listing Data last updated 01/31/2026 03:20 am
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Property History

6 days ago
Property information last updated
103 days ago
Date of last price change
123 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 123 (since September 30th, 2025) Data provided by the MLS.

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Listing Data last updated: 01/31/2026 03:20 am
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14-20 Mello Avenue - MLS#944148 - $614,999
Listed by Keller Williams Community Part

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