5010-5016 Woodbine Ave 4 Unit Apartment Building $823,168 CAD ($205,792 CAD/Unit) Dayton, OH 45432

Located in the Eastmont neighborhood of Dayton, 5010 & 5016 Woodbine Avenue present an excellent multi-family investment opportunity. Built in 1963, these well-maintained properties feature a combined total of multiple apartment units, including spacious one-bedroom layouts up to 1,000?sq?ft, ideal for long-term tenants.
5016 Woodbine Ave features a recently updated roof (2018) and all-new windows. Additionally, off-street parking is available behind the building for tenant convenience. Each unit has forced-air heating, and tenants are responsible for heat and electricity, simplifying management. With four full bathrooms and easy-to-rent units, the property is ready for immediate occupancy.
Situated near local shopping centers and major Dayton corridors, these properties offer both stability and cash flow potential for investors. With a proven rental history and manageable lot sizes (5010: ~6,970?sq?ft; 5016: ~8,712?sq?ft), these buildings combine functionality, location, and investment upside in a single package.
Woodbine – Building Condition Summary
The Woodbine buildings have received consistent updates throughout ownership. Roofs were replaced approximately 5–8 years ago, and the electric panels were upgraded within the last five years. HVAC systems vary in age, though roughly half have been replaced over the past decade. During unit remodels completed within the last four years, most plumbing components—including p-traps, sinks, toilets, and disposals—were updated. In addition, new windows have been installed across the property within the last five years, further enhancing efficiency and long-term durability.
Shroyer – Building Condition Summary
The Shroyer buildings have also benefited from steady improvements. Roofs are believed to have been replaced within the last 10 years, providing solid structural reliability. Electric panels predate the seller’s 2018 ownership, while HVAC systems have been updated progressively, with approximately half replaced since 2018. Plumbing updates have been made during unit renovations, estimated at about half the building, due to long-term tenant occupancy. Similar to Woodbine, new windows were installed within the past five years, contributing to improved performance and tenant comfort.