Map of Property

For Sale

4840 Springfield St

4840 Springfield St, Dayton, OH 45431

Cash Flowing | Turnkey 8-Unit Multifamily Investment Opportunity | NOI $42,213 Property Overview Built in 1971, this 5,332 SF multifamily building features 8 total units: seven 1-bedroom/1-bathroom and one 2-bedroom/1-bathroom. Seven of the eight units have been fully renovated with modern upgrades. Interior & Exterior 7 Renovated Units: LVP flooring, cabinets, countertops, paint- All units include dishwashers- Coin laundry in common area closet- Brick exterior, slab foundation- Heating: Baseboard | Cooling: Window A/C units Financial Snapshot One-Bed Rents: $695 | Two-Bed Rent: $675 (Market Rent: $850)- Gross Rent Potential: $72,000+ annually (current rents 15-20% below market)- Rent Roll & 12-month trailing P&L available upon request- Upside potential in rents & final renovation Location Advantages Less than 1 mile from Wright-Patterson Air Force Museum & WPAFB- Easy access to I-675 & US-35- Strong tenant demand from military, students, and workforce housing Investment Summary 4840 Springfield St. represents a stabilized, cash-flowing investment with modern renovations, a solid roof, and strong demand drivers. The property offers reliable income with opportunities for rent growth and long-term appreciation. Contact Pat Williams | Coldwell Banker Commercial | Heritage 937.360.9952 |
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Contacts

Patrick Williams

Coldwell Banker Heritage

Building Details

  • For Sale $495,000
  • Property Type Multi-Family
  • Lot Size 0.9 Acre
  • Date Updated May 17, 2026

Getting Around

  • Walk Score ®

    Car-Dependent (23)

  • Bike Score ®

    Somewhat Bikeable (49)
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Location

  • City Dayton, OH
  • Neighborhood Riverside
  • Zip Code 45431
  • Market Dayton

Points of Interest

Speedway

1.24 miles

Shell

1.50 miles

Kroger gas station

1.52 miles

BP

1.54 miles

Sunoco

1.84 miles

Kroger

1.94 miles

Beavercreek Supercharger

2.91 miles

Triple A

6.70 miles

ChargePoint

7.01 miles

Handicap Parking

0.84 miles

Handicapped

0.88 miles

Employee Parking

0.97 miles

Overflow Parking

1.07 miles

Visitor Parking Garage (FREE)

2.18 miles

Emergency Department Visitor Parking

2.24 miles

RV/Boat Storage

2.49 miles

Building 852 Lot

2.57 miles

Eastwood Auto Wash

1.29 miles

Avis

3.59 miles

Budget

3.60 miles

Enterprise

3.61 miles

Mike's Carwash

4.18 miles

Speedy Carwash

5.49 miles

Flying Ace Express Car Wash

5.87 miles

Flying ace

5.95 miles

Extreme Clean

7.21 miles

Papa John's

0.83 miles

Arby's

0.83 miles

Taco Bell

0.88 miles

McDonald's

0.91 miles

La Casa De Los Primos

0.92 miles

China Garden Buffet

0.93 miles

Cassano's Pizza

1.02 miles

Burrito King

1.03 miles

Salsa's

1.04 miles

Big Lots

1.01 miles

Donatos Pizza

1.35 miles

Kroger

1.58 miles

El Mercadito

2.41 miles

Save-A-Lot

2.44 miles

Meijer

2.87 miles

International Halal Market

3.29 miles

Mendelson's

3.32 miles

Stop-N-Save Foods

3.76 miles

Access MD Urgent care

2.07 miles

Wellcare home health inc.

2.11 miles

Dayton Children’s Hospital

2.20 miles

Riverside Fire Department - Station 6

2.34 miles

CVS Pharmacy

2.43 miles

Concentra Urgent Care

2.53 miles

Station 2

2.94 miles

Dayton Children's Outpatient Behacioral Health

2.99 miles

Walgreens

3.15 miles

4840 Springfield St Listing Summary

  • What is the asking price at 4840 Springfield St?

    4840 Springfield St is currently listed for sale at Contact for pricing.

  • What is the total size of 4840 Springfield St?

    4840 Springfield St has a total of 5,332 square feet.

Contact Listing Broker
Patrick Williams

Coldwell Banker Heritage

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